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    Watseka, IL
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    Watseka, IL Restaurants for Sale

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    Crescent City, IL Clifton, IL Gilman, IL
    Banquet Hall and Catering Service
    $134,900

    Banquet Hall and Catering Service

    209 W Oak Street, Watseka, IL 60970

    Banquet hall and catering service with licensed kitchen for sale.

    • Fully equipped and licensed banquet hall and catering service ready for immediate operation.
    • Spacious 49x80 hall with a maximum capacity of 330 guests, featuring a bar and dance floor.
    • State‑inspected and licensed kitchen allows for on‑site and off‑site catering opportunities.
    • Potential for diverse income streams: event hosting, catering services, and kitchen rental.
    • Includes a separate 12x20 meeting room suitable for smaller events or retail conversion with a separate entrance.
    Updated: Mar 12
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Watseka, 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.

    Restaurant with Banquet Room For Sale
    $545,000
    10,000 SF

    Restaurant with Banquet Room For Sale

    Restaurant with lower level banquet room and seasonal seating.

    3605 N Vermilion St, Danville, IL
    View details
    New Danville Restaurant with Drive-Thru
    $900,000
    0.60 Acres

    New Danville Restaurant with Drive-Thru

    Recently built restaurant with drive-up window and on-site parking.

    2828 N Vermilion St, Danville, IL 61832
    View details
    Bar and Restaurant Opportunity
    $145,000
    3,080 SF

    Bar and Restaurant Opportunity

    Remodeled bar and restaurant with gaming in a prime location.

    141 South Chestnut Street, Chebanse, IL 60922
    View details
    Bar and Restaurant Opportunity
    $120,000
    1,500 SF

    Bar and Restaurant Opportunity

    Remodeled bar and restaurant with gaming in a prime location.

    141 S Chestnut Street, Chebanse, IL 60922
    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.

    Historic Commercial Structure in Gilman
    $195,000

    Historic Commercial Structure in Gilman

    Oldest commercial building in Gilman, suitable for various businesses.

    203 W 2nd Street, Gilman, IL 60938
    View details
    Kankakee Redevelopment Opportunity
    $125,000
    1,100 SF

    Kankakee Redevelopment Opportunity

    Former gas station/convenience store ideal for redevelopment.

    590 S Washington Avenue, Kankakee, IL 60901
    View details
    Bourbonnais Commercial Land For Sale
    $109,000
    2.00 Acres

    Bourbonnais Commercial Land For Sale

    2 acres of commercial land in Plum Creek Plaza.

    lot briarcliff Lane, Bourbonnais, IL 60914
    View details
    Commercial Land Near Sports Complex
    $563,000
    5.63 Acres

    Commercial Land Near Sports Complex

    5.63 acre commercial development opportunity off Interstate 57.

    2995 County Road 1400 E, Rantoul, IL 61866
    View details

    Watseka, IL Restaurants Investment Opportunities Market Analysis

    Explore 1 restaurants for sale in Watseka, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $134,900.

    Sale prices for restaurant properties in Watseka, IL start at $134,900, averaging $134,900, and reaching up to $134,900 — 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

    Conventional restaurants 1

    Demographics Overview

    Population 5,965
    Population Growth (5Y) -14.2%
    Median Household Income $48,456
    College Educated 16.1%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    60970 $134.9K

    Taxes & Financing

    Tax Rate (average for all types) 10.23%
    Tax Rate vs County Average 1.35 pp above county avg
    Average Loan-to-Value 65.0%

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