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    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
    Updated: Feb 10, 2025
    Banquet Hall and Catering Service

    209 W Oak Street, Watseka, IL 60970

    $134,900
    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.
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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 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.

    Town Square Restaurant/Retail Space
    Town Square Restaurant/Retail Space

    302 N 4th Street, Kentland, IN 47951

    $75,000
    1,070 sqft · 0.12 AC lot

    Restaurant-ready retail space across from the county courthouse with updated electrical and food-service improvements.

    View details
    Mixed-Use Property with Commercial and Residential
    Mixed-Use Property with Commercial and Residential

    242 W Jeffery Street, Kankakee, IL 60901

    $560,000
    0.30 AC lot

    For sale mixed-use asset combining commercial space and residential income potential on a 0.298-acre lot.

    View details
    Storefront Retail Property
    Storefront Retail Property

    242 W Jeffery Street, Kankakee, IL 60901

    $560,000

    For-sale storefront retail property suited for convenience and grocery-style uses.

    View details
    Turnkey Commercial Space on Square
    Turnkey Commercial Space on Square

    302 N 4th Street, Kentland, IN 47951

    $75,000
    1,070 sqft

    Prime 1,070 sq ft commercial space in Kentland, Indiana.

    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
    Kankakee Redevelopment Opportunity

    590 S Washington Avenue, Kankakee, IL 60901

    $125,000
    1,100 sqft · 0.30 AC lot

    Former gas station/convenience store ideal for redevelopment.

    View details
    Commercial Land on State Road
    Commercial Land on State Road

    3197 W Clark Street, Rensselaer, IN 47978

    $130,000
    3.04 AC lot

    3.039 acres of vacant land zoned B2 for sale.

    View details
    Commercial Land Ready For Development
    Commercial Land Ready For Development

    280 East 9000N Road, Manteno, IL 60950

    $3,370,500
    32.00 AC lot

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

    View details
    Rantoul Land with Commercial Zoning
    Rantoul Land with Commercial Zoning

    1644 E Grove Avenue, Rantoul, IL 61866

    $61,750
    0.91 AC lot

    Two parcels totaling 5.29 acres, one commercially zoned.

    View details

    Watseka, IL Retail Properties & Spaces Market Trends and Statistics

    Explore 1 retail properties & spaces 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 stores 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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    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Watseka submarkets with the highest inventory density on the market and evaluate the average 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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