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    Waverly, IL Restaurants for Sale

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    Chatham, IL Springfield, IL Auburn, IL
    Waverly Commercial Property on Town Square
    $125,000
    7,000 SF

    Waverly Commercial Property on Town Square

    223 N Pearl Street, Waverly, IL 62692

    Historic 7,000 sq ft commercial property in Waverly, Illinois.

    • Prime location on the charming town square in Waverly, offering high visibility and traffic.
    • 7,000 sq ft commercial space with historic character from two connected buildings (built in 1890 and 1901).
    • Currently operating as a business and generating income, providing immediate value.
    • Main floor is fully equipped and ready for continued operation with commercial‑grade kitchen equipment.
    • Flexible, unfinished upper level (approx. 3,500 sq ft) ideal for expansion.
    Updated: Jan 13
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Waverly, 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.

    Historic Landmark Building in Jacksonville
    $165,000

    Historic Landmark Building in Jacksonville

    Three-story brick building with commercial zoning and historic significance.

    520 W College, Jacksonville, IL 62650
    View details
    Westchester Commercial Building For Sale
    $420,000
    2,400 SF

    Westchester Commercial Building For Sale

    2400 sq ft corner building with ample parking.

    1551 Westchester Boulevard, Westchester, IL 60154
    View details
    Hardee's NNN Investment Opportunity
    $2,152,000
    5,169 SF

    Hardee's NNN Investment Opportunity

    Single-tenant Hardee's NNN property with long-term lease and high visibility.

    842 W Morton Ave, Jacksonville, IL 62650
    View details
    Corner Building with Ample Parking
    $420,000
    2,400 SF

    Corner Building with Ample Parking

    2400 sq ft corner building suitable for various businesses.

    1551 Westchester Boulevard, Westchester, IL 60154
    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.

    Springfield Commercial Development Opportunity
    $1,435,000
    40.78 Acres

    Springfield Commercial Development Opportunity

    40+ acre commercial land for sale in Springfield, IL.

    4685 WABASH Avenue, Springfield, IL 62707
    View details
    Prime Commercial Lot in Springfield
    $440,000

    Prime Commercial Lot in Springfield

    2.46 acre commercial lot with high visibility frontage.

    4351 Conestoga Drive, Springfield, IL 62707
    View details
    Prime Commercial Lot in Springfield
    $440,000
    2.46 Acres

    Prime Commercial Lot in Springfield

    2.46 acre commercial lot with B-1 zoning.

    4351 Conestoga Drive, Springfield, IL 62707
    View details
    Land Near Scheels Sports Park
    $975,744
    1.40 Acres

    Land Near Scheels Sports Park

    Commercial land available near a major sports and retail development.

    Lincolnshire Boulevard lot: 17, Springfield, IL 62704
    View details

    Waverly, IL Restaurants Investment Opportunities Market Analysis

    Explore 1 restaurants for sale in Waverly, IL on our real estate platform. These investment opportunities span a total of 7,000 square feet of properties for sale, with an estimated market value of $125,000.

    Sale prices for restaurant properties in Waverly, IL start at $125,000, averaging $125,000, and reaching up to $125,000 — 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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    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    62692 $125K

    Taxes & Financing

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

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