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    Tolono, IL
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    Tolono, IL Restaurants for Sale

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    Savoy, IL Champaign, IL Philo, IL Peoria, IL Urbana, IL Sidney, IL Villa Grove, IL Ivesdale, IL
    Longstanding Bar With Entertainment Space
    Updated: Apr 11
    Longstanding Bar With Entertainment Space

    106 E Main St, Tolono, IL 61880

    Contact for pricing
    Bar property at 106 E. Main Street, Tolono, IL 61880
    More than 2,500 square feet of dining, bar, and entertainment space
    Over 80 years of operating history
    Room for gaming machines and pool tables
    Additional storage space included
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Tolono, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Freestanding Grocery and Convenience Store
    Freestanding Grocery and Convenience Store

    306 W Springfield Ave W, Urbana, IL 61801

    $1,300,000
    9,800 sqft 0.75 AC lot

    Food retail facility with refrigeration, frozen storage, bakery, kitchen, and café areas.

    View details
    Downtown Grocery Market
    Downtown Grocery Market

    306 W Springfield Avenue W, Urbana, IL 61801

    $1,300,000
    0.61 AC lot

    Freestanding commercial facility includes refrigeration, frozen storage, bakery, kitchen, and café areas.

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    Freestanding Drive-Through Restaurant
    Freestanding Drive-Through Restaurant

    1703 S Neil St, Champaign, IL 61820

    Contact for pricing
    4,646 sqft 1.19 AC lot

    Single-tenant restaurant configuration with front-of-house seating, rear kitchen space, and a large parking area.

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    Turnkey Restaurant Space with Patio
    Turnkey Restaurant Space with Patio

    2135 S Neil St, Champaign, IL 61820

    Contact for pricing
    1,600 sqft

    Turnkey restaurant space with both indoor and outdoor dining seating in a retail shopping center setting.

    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.

    Neighborhood Commercial Land
    Neighborhood Commercial Land

    103 Calvin Street, Savoy, IL 61874

    $125,000

    Zoned Neighborhood Commercial with General Retail allowed and water available.

    View details
    Commercial Land with Site Plans
    Commercial Land with Site Plans

    612 CLARENDON Court, Savoy, IL 61874

    $450,000
    1.97 AC lot

    Village-approved plans and concrete parking pads are already in place for future commercial development.

    View details
    Neighborhood Commercial Land
    Neighborhood Commercial Land

    4202 Nicklaus Drive, Champaign, IL 61822

    $750,000
    1.92 AC lot

    Vacant commercial parcel suited to neighborhood-serving office, retail, and service uses.

    View details
    Commercial Land
    Commercial Land

    803 N Mattis Avenue, Champaign, IL 61821

    $465,000
    1.89 AC lot

    Commercial land within the Garden Hills TIF District near Parkland College and Kraft.

    View details

    Tolono, IL Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Tolono, IL on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 1
    Conventional restaurants 1

    Demographics Overview

    Population 4,558
    Population Growth (5Y) +19.0%
    Median Household Income $89,139
    College Educated 37.9%

    Taxes & Financing

    Tax Rate (average for all types) 6.41%
    Property Tax per SF $7.72 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Champaign County

    New Delisted

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