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    Sterling, IL
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    Sterling, IL Restaurants for Sale

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    Rock Falls, IL Dixon, IL Deer Grove, IL
    Sterling Commercial Land Opportunity
    Updated: Feb 10, 2024
    Sterling Commercial Land Opportunity

    2612 W Le Fevre Road, Sterling, IL 61081

    $355,000
    4,236 sqft · 4.00 AC lot
    4‑acre commercial lot with diverse potential uses.
    Prime location in Sterling, IL, near the intersection of W LeFevre and N Lynn Commercial.
    Situated in a commercial district close to multiple primary employers.
    Existing landscaping enhances the property's appeal.
    Built in 1992.
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    This listing looks promising.

    Here's a quick look at some key insights for

    2612 W Le Fevre Road, Sterling, IL 61081

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    • Est. Cap Rate

      8%
      Above avg (5.9%)

    • Est. NOI

      $28K
      Annual

    • Price @ 7% Cap

      $404K
      Above asking
    View Property Analytics
    Turnkey Bar and Grill with Patio
    Updated: Jun 4
    Turnkey Bar and Grill with Patio

    707 Freeport Road, Sterling, IL 61081

    $799,000
    2.52 AC lot
    1981‑built commercial bar and grill with central air and multiple comfort systems including five furnaces and 2 mini‑split units
    Fully equipped commercial kitchen with walk‑in cooler and freezer, 18' hood system, multiple fryers, griddle, broiler, prep refrigeration, and stainless work areas
    Includes gaming room with multiple gaming machines and pool tables, plus main dining area with booths, tables, and bar seating
    Large outdoor patio approx. 29' x 35', and fireplace in the main seating area
    Liquor room, office/camera room, employee restroom, jukebox, and basement storage with sump pumps
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    Turnkey Bar and Grill Restaurant
    Turnkey Bar and Grill Restaurant

    707 Freeport Road, Sterling, IL 61081

    $799,000

    Turnkey bar and grill setup with a fully equipped kitchen, gaming room, and large outdoor patio.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 Active listings in Sterling, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multi-Use Commercial Building
    Multi-Use Commercial Building

    534 IL Route 2, Dixon, IL 61021

    $179,000
    3.50 AC lot

    Versatile building with office, retail, and restaurant-ready spaces plus strong Route 2 visibility.

    View details
    Turnkey Restaurant in High Traffic Area
    Turnkey Restaurant in High Traffic Area

    201 W 2nd Street, Rock Falls, IL 61071

    $249,000
    1,000 sqft · 0.06 AC lot

    Established restaurant with additional retail space and apartment potential.

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    Rock Falls Mixed-Use Building
    Rock Falls Mixed-Use Building

    110 W 2nd Street, Rock Falls, IL 61071

    $265,000
    0.06 AC lot

    Mixed-use property with restaurant and apartments in Rock Falls.

    View details
    Former Restaurant in High Traffic Area
    Former Restaurant in High Traffic Area

    1301 N Galena Avenue, Dixon, IL 61021

    $370,000
    3,200 sqft

    Former fast food restaurant with drive-up windows and large parking.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land on Highway Rt 64
    Commercial Land on Highway Rt 64

    510 E Washington, Oregon, IL 61061

    $175,000
    0.52 AC lot

    Three city lots zoned B2 Business District on Illinois State Hwy

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    Commercial Land in Enterprise Zone
    Commercial Land in Enterprise Zone

    E South Street, Freeport, IL 61032

    Contact for pricing
    0.82 AC lot

    Two B-3 zoned lots totaling 0.82 acres in Freeport, IL.

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    Retail Lot on Corner
    Retail Lot on Corner

    145 3rd St, La Salle, IL 61301

    $250,000
    0.59 AC lot

    0.59 acre retail lot on a signalized intersection.

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    Utica, IL Commercial Land
    Utica, IL Commercial Land

    2965 N IL-178, Utica, IL 61373

    $595,000
    0.80 AC lot

    Commercial land available in Utica, Illinois.

    View details

    Off-Market Properties in Sterling, IL

    Consider similar Off-Market properties in Sterling, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2708 4Th St
    Restaurants

    2708 4Th St, Sterling, IL 61081

    Value Estimation by Request
    12,000 sqft · 2.27 AC lot
    View details

    Sterling, IL Restaurants Market Trends and Statistics

    Explore 4 restaurants for sale in Sterling, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 4,236 square feet of properties for sale, with an estimated market value of $355,000.

    Sale prices for restaurant properties in Sterling, IL start at $355,000, averaging $355,000, and reaching up to $355,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 2
    Commercial kitchens 2
    Conventional restaurants 2

    Demographics Overview

    Population 21K
    Population Growth (5Y) -1.0%
    Median Household Income $60,854
    College Educated 28.4%

    High-Yield Neighborhoods for Investment

    Identify Sterling submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61081 $651K

    Taxes & Financing

    Tax Rate (average for all types) 8.58%
    Tax Rate vs County Average 0.04 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Whiteside County

    New Delisted

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