Watseka, IL
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    Watseka, IL Specialty Properties 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.

    Former Gun Range Opportunity
    $400,000
    5,500 SF

    Former Gun Range Opportunity

    5,500 SF space ready for repurposing in Momence, IL.

    116 Gladiolus Street, Momence, IL 60954
    View details
    Unique Commercial Property with Potential
    $233,000
    3.01 Acres

    Unique Commercial Property with Potential

    Versatile 4800 SF property on 3 acres near Rantoul.

    1902 N County Road 3000 N, Rantoul, IL 61866
    View details
    Former Gun Range Opportunity
    $400,000
    5,500 SF

    Former Gun Range Opportunity

    5,500 SF space ready for repurposing in Momence, IL.

    110 Gladiolus Street, Momence, IL 60954
    View details
    Unique Commercial Property with Endless Potential
    $233,000
    4,800 SF

    Unique Commercial Property with Endless Potential

    Versatile 4,800 SF building on 3 acres near Rantoul.

    1902 N County Road 3000 N, Rantoul, IL 61866
    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.

    Clifton, IL Land For Sale
    $75,000
    0.71 Acres

    Clifton, IL Land For Sale

    Approximately 0.71 acre lot in Clifton, Illinois.

    175 E 3rd Avenue, Clifton, IL 60927
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    Cedar Lake Premium Home Site
    $149,900
    0.32 Acres

    Cedar Lake Premium Home Site

    Premium home site with boat slip near Cedar Lake.

    14620 Bryan Street, Cedar Lake, IN 46303
    View details
    Prime Land in Growing Community
    $257,500
    2.01 Acres

    Prime Land in Growing Community

    Two acres of land suitable for various commercial uses.

    1575 S Feather Rock Drive, Crown Point, IN 46307
    View details
    Crown Point Commercial Land Opportunity
    $299,860
    1.32 Acres

    Crown Point Commercial Land Opportunity

    1.32 acres of commercial land in a prime location.

    6889 E 109th Avenue, Crown Point, IN 46307
    View details

    Watseka, IL Specialty Properties Investment Opportunities Market Analysis

    Explore 2 specialty properties 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 properties 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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    Top Commercial Asset Segments

    NNN properties 1
    Wedding venues 1

    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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