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    Waverly, IL
    Restaurants

    Waverly, IL Restaurants for Sale

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    New Berlin, IL Franklin, IL Chatham, IL Auburn, IL Springfield, IL Thayer, IL Virden, IL Pleasant Plains, IL
    Commercial Kitchen Property with Restaurant Equipment
    Updated: Jul 22
    Commercial Kitchen Property with Restaurant Equipment

    223 N Pearl Street, Waverly, IL 62692

    $99,900
    0.15 AC lot
    Approximately 7,000 square feet across two connected, two‑story buildings
    Main level includes built‑in grill, ovens, double freezers, bar refrigeration, dishwasher, and vented exhaust systems
    Approximately 3,500‑square‑foot unfinished upper level
    South building dates to 1890; north building was constructed in 1901
    Approximately 0.15 acres at 223 N Pearl Street on the Waverly town square
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    1 active listing matches your search: Restaurant for sale in Waverly, IL. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 land listings with development potential.

    Opportunities in Nearby Cities

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

    Restaurant-Ready Retail Building
    Restaurant-Ready Retail Building

    3434 Freedom Drive, Springfield, IL 62704

    $1,250,000
    Highway access

    Restaurant-ready space in a high-visibility shopping center anchored by Super Walmart and Target.

    76 spaces
    View details
    Double-Lane Drive-Through Restaurant
    Double-Lane Drive-Through Restaurant

    3100 W White Oaks Drive, Springfield, IL 62704

    Contact for pricing

    The 2023-built, single-tenant property is leased under an absolute NNN structure.

    View details
    Bar Property with Beer Garden
    Bar Property with Beer Garden

    400 W JEFFERSON ST, Auburn, IL 62615

    Contact for pricing

    Renovated bar property with a second-floor apartment, updated HVAC, and connected outdoor beer garden.

    Beer garden  Video gaming
    View details
    Bar and Tavern
    Bar and Tavern

    323 W MADISON Street #321 - 327, Auburn, IL 62615

    Contact for pricing
    Business included

    Recent improvements and acquired items are included in the sale.

    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.

    I-1 Industrial Development Land
    I-1 Industrial Development Land

    4685 WABASH Avenue, Springfield, IL 62707

    $1,435,000
    40.78 acres

    Agricultural tract with industrial zoning, edge-of-site utilities, and planned access from the southern boundary.

    View details
    Commercial Land with Parkway Frontage
    Commercial Land with Parkway Frontage

    4351 Conestoga Drive, Springfield, IL 62707

    $440,000
    2.46 acres

    B-1-zoned parcel with water available and nearby retail, restaurant, and hotel uses.

    View details
    Commercial Land with Parkway Frontage
    Commercial Land with Parkway Frontage

    4351 Conestoga Drive, Springfield, IL 62707

    $440,000
    2.46 acres  B-1
    Road access

    B-1-zoned commercial parcel with public water and electricity available.

    View details
    Commercial Land Development Lot
    Commercial Land Development Lot

    Lincolnshire Boulevard lot: 17, Springfield, IL 62704

    $975,744
    1.4 acres

    Commercial parcel within a development featuring sports facilities, hotels, restaurants, and a retail center.

    View details

    Waverly, IL Restaurants Market Trends and Statistics

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

    Sale prices for restaurant properties in Waverly, IL average $99,900 — 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

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 1
    Commercial kitchens 1
    Conventional restaurants 1

    Demographics Overview

    Population 2,128
    Population Growth (5Y) +0.3%
    Median Household Income $66,619
    College Educated 30.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    62692 $99.9K

    Taxes & Financing

    Tax Rate (average for all types) 6.13%
    Property Tax per SF $76.29 per SF
    Average Loan-to-Value 65.0%

    How Realmo verifies these figures

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