Watseka, IL
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    Watseka, IL Retail Properties & Spaces 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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    Retail Property on Hwy 24
    $300,000
    5,445 SF

    Retail Property on Hwy 24

    117 E Walnut Street, Watseka, IL 60970

    Retail property with longstanding tenant and ample parking.

    • Prime real estate location on Hwy 24
    • Turnkey ready condition
    • Ample parking available
    • Quick close possible
    • Currently occupied with longstanding tenant
    Updated: Mar 12
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

    Mixed-Use Property in Kankakee, IL
    $560,000
    0.30 Acres

    Mixed-Use Property in Kankakee, IL

    Mixed-use property in prime location, great investment opportunity.

    242 W Jeffery Street, Kankakee, IL 60901
    View details
    Commercial Building with Outdoor Patio
    $289,900
    3,000 SF

    Commercial Building with Outdoor Patio

    3,000 SF commercial building suitable for various business ventures.

    1010 W Broadway Street, Bradley, IL 60915
    View details
    Retail Property in Bradley, IL
    $349,000
    4,747 SF

    Retail Property in Bradley, IL

    Retail property available for sale in Bradley, Illinois.

    436-440 S Schuyler Ave, Bradley, IL
    View details
    Retail Property in Kankakee, IL
    $320,000
    4,825 SF

    Retail Property in Kankakee, IL

    Retail property with 4,825 square feet of space.

    1198 N Schuyler Ave, Kankakee, IL
    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.

    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
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    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
    Prime Commercial Land For Sale
    $750,000
    5.00 Acres

    Prime Commercial Land For Sale

    5-acre commercial land parcel near upcoming industrial development.

    380 East 9000N Road, Manteno, IL 60950
    View details
    Commercial Land Ready For Development
    $3,370,500
    32.00 Acres

    Commercial Land Ready For Development

    32+/- acre commercial land with excellent location and utilities.

    280 East 9000N Road, Manteno, IL 60950
    View details

    Watseka, IL Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 2 retail properties & spaces for sale in Watseka, IL on our real estate platform. These investment opportunities span a total of 5,445 square feet of properties for sale, with an estimated market value of $300,000.

    Sale prices for stores in Watseka, IL start at $300,000, averaging $300,000, and reaching up to $300,000 — 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 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 $217.5K

    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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