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    Chillicothe, IL Retail Properties & Spaces for Sale

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    Sparland, IL Washburn, IL Lacon, IL
    Hardee's NNN Lease Investment Opportunity
    Updated: Jan 15, 2025
    Hardee's NNN Lease Investment Opportunity

    108 N 4th St, Chillicothe, IL

    $1,086,000
    3,415 sqft · 0.87 AC lot
    Long‑term NNN lease with 17+ years remaining, including options to renew and scheduled rental increases.
    Lease guaranteed by LBE Holdings, a company with substantial revenue ($87,000,000 in 2023) and numerous units (64).
    Tenant is Hardee's, a well‑established and globally recognized restaurant chain with over 1,800 locations.
    Property is located near Peoria, IL, a city consistently ranked on BestPlaces rankings, with a population of over 181,830.
    Significant building size (3,415+\/- SF) on a large lot (0.68+\/- acre).
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 1 Active listings in Chillicothe, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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-Office Retail Building
    Multi-Office Retail Building

    130 5TH Street, Lacon, IL 61540

    $115,000

    Highly visible downtown building with multiple office spaces and ample parking, suited for retail or service tenants.

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    Peoria NNN Leased Investment Opportunity
    Peoria NNN Leased Investment Opportunity

    1715 W Alta Rd, Peoria, IL 61615

    $1,150,000
    14,725 sqft

    14,725 SF NNN leased early education asset for sale.

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    Former Gas Station Opportunity
    Former Gas Station Opportunity

    10411 GALENA Road, Peoria, IL 61615

    $179,900

    Former gas station with high traffic, tanks removed.

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    Free Standing Building With Offices
    Free Standing Building With Offices

    130 N 5TH Street, Lacon, IL 61540

    $165,000
    1,900 sqft

    1900 SF building with two separate office spaces.

    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.

    Route 116 Commercial Development Land
    Route 116 Commercial Development Land

    0 Route 116 Highway, Metamora, IL 61548

    $6,000,000
    25.00 AC lot

    25+ acres on Route 116 for commercial development.

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    Commercial Lot in Peoria, IL
    Commercial Lot in Peoria, IL

    W ALTA Road, Peoria, IL 61615

    $499,900
    1.29 AC lot

    1.29 acre commercial lot available for sale in Peoria.

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    Commercial Development Land with Highway Access
    Commercial Development Land with Highway Access

    ROUTE 116 Highway, Metamora, IL 61548

    $6,000,000
    25.39 AC lot

    Zoned commercial land with direct ingress and egress to the State Highway, currently in agricultural use.

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    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    8215 N ALLEN Road, Peoria, IL 61615

    $1,300,000
    2.92 AC lot

    3-acre commercial land in high-traffic Peoria area.

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    Off-Market Properties in Chillicothe, IL

    Consider similar Off-Market properties in Chillicothe, 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.

    723 2Nd St
    Medical Office Space

    723 2Nd St, Chillicothe, IL 61523

    Value Estimation by Request
    View details
    112 4Th St
    Individual retail properties

    112 4Th St, Chillicothe, IL 61523

    Value Estimation by Request
    1,856 sqft · 0.04 AC lot
    View details
    607 4Th St
    Lifestyle centers

    607 4Th St, Chillicothe, IL 61523

    Value Estimation by Request
    9,500 sqft · 0.93 AC lot
    View details
    322 Plz Dr
    Restaurants

    322 Plz Dr, Chillicothe, IL 61523

    Value Estimation by Request
    11,835 sqft · 0.70 AC lot
    View details

    Chillicothe, IL Retail Properties & Spaces Market Trends and Statistics

    Explore 5 retail properties & spaces for sale in Chillicothe, IL on our real estate platform. These investment opportunities span a total of 3,415 square feet of properties for sale, with an estimated market value of $1,086,000.

    Sale prices for stores in Chillicothe, IL start at $1,086,000, averaging $1,086,000, and reaching up to $1,086,000 — 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 10K
    Population Growth (5Y) -9.0%
    Median Household Income $74,100
    College Educated 33.3%

    Taxes & Financing

    Tax Rate (average for all types) 7.94%
    Property Tax per SF $1.24 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Peoria County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Chillicothe fall within the 25,000 to 50,000 square foot range.

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