Waverly Retail for Sale

Located on the charming town square in Waverly—just 30 minutes from Springfield with easy highway access—this two-story, 7,000 sq ft commercial property includes two connected buildings full of history and potential. The south building, constructed in 1890, and the north building, built in 1901, offer timeless character with modern opportunity. Currently in operation, the business generates income and offers immediate value to the new owner, making it perfect for entrepreneurs, investors, or business owners seeking a move-in-ready space. With 3,500 sq ft per floor, this spacious property is ideal for use as a professional office, restaurant, boutique retail space, or multi-use business hub. The main floor is equipped and ready for business, while the upstairs level offers a blank canvas for renovation—ideal for expanding your operations, adding an office or studio, or using as generous storage space. The interior features classic wood flooring, durable brick and metal siding construction, and a wide range of high-end kitchen equipment, including a built-in grill, double freezers, vented exhaust fans, wine/bar fridge, dishwasher, and ovens. The property includes central air, ceiling fans, and forced air heat, along with full utility connections and accessibility features such as a ramp entrance and wide doors. Situated on a 0.15-acre lot in the heart of town, this highly visible location offers strong potential for a variety of business uses. All offers welcome!

Property Subtype:

Restaurant

Date on Market:

2025-10-07

Mount Morris Retail for Sale - I-39 Corridor/Ogle County

Are you ready to jump into the restaurant business? Look no further, this turnkey operation could be yours!!! The Peppermill restaurant is selling both business and building after 30 successful years of operation. The current owners have built a strong customer base, friendly atmosphere at a great location. The Peppermill offers a bar on the left side of the business with over 20 bar stools, seating for over 100 guests in the building and adequate amount of parking. Current owners are willing to train and guide you to maximize your investment and produce a cash flowing business of your own. This sale includes all equipment and inventory for a smooth transition. Set up your showing today, don't miss out this great opportunity!

Property Subtype:

Restaurant

Date on Market:

2025-10-06

Enfield Hospitality for Sale

Turn-Key Hotel, Bar, and Event Venue on 2.1 Acres – Endless Income Potential! Listed by Country Roads Realty, 506 W Main St, Fairfield, IL 62837, (618)842-7653, www.countryroadsrealty.net. Jessica McCleary, Designated Managing Broker. Equal Housing Opportunity. This is more than just a property—it’s a ready-to-go business opportunity! This well-maintained 7-room hotel offers spacious guest accommodations—some rooms so large they comfortably fit four queen-sized beds plus a dining table and chairs. The property also features: On-site Bar – Open to both guests and the public, package liquor sales to both guests and public and currently operating with online gambling machines for added revenue. Banquet/Event Room – Perfect for weddings, reunions, or corporate events, complete with a full kitchen and walk-in cooler. Leased Office Space – Steady rental income from the on-site office. Large Pole Barn – Additional storage or potential new revenue stream. All of this is tucked away on a beautiful 2.1-acre setting, offering privacy with a view. The current owner has already applied for a grant to expand the property—plans include purchasing land across the street for additional parking, adding fencing, and creating an outdoor entertainment area to boost business potential even further. Whether you’re looking to run a boutique hotel, event center, or multi-stream hospitality business, this property is truly turn-key and ready for success.

Property Subtype:

Hotel

Date on Market:

2025-09-17

Berwyn Specialty for Sale - Cicero/Berwyn Area

Berk Arslan is the Designated Managing Broker of Call Berk Realty and Management LLC 2 rooms, up to 200 person occupancy each, can be combined for contiguous 400 person party. Bridal room Each side has its own bar Full kitchen Separate walk in Fridge and walk in freezer Laundry room 800 Watt power Approximately 45 parking spots, plus shared parking for additional spots 9700 sf banquet hall, 24,000 sf property on 7 PINS Total taxes approximately 50,000 (after reduction from 110,000) Booked business into 2026 with some into 2027. Building was built new almost 25 years ago. In immaculate condition Roof, HVAC original but meticulously maintained. Not included are two cabinets near entry, and the Brand, the latter being negotiable with the sale of the bakeries. Otherwise, everything turn key and owner will help transition if requested. Great opportunity for rebrand with all the inventory. The only requirement is that the signed business is satisfied.

Date on Market:

2025-09-17

Peoria Sports & Entertainment for Sale - CBD

Property Subtype:

Theater/Concert Hall

Date on Market:

2025-09-10

Urbana Portfolio of properties for Sale

Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer for sale this redevelopment opportunity on hard corner of Rt. 45/Cunningham Ave & Airport Rd in Urbana. The subject property is comprised of four (4) parcels and two (2) existing buildings on roughly 2.7 acres. 2708 N. Cunningham is a 1,440 SF retail building constructed in 1973 and currently leased to Black Jack’s Poker/Bar through 1/31/27 with a 2 – year option to extend. Call broker to confirm lease details. 2704 N. Cunningham is a 5,600± SF office/warehouse building constructed in 1989 that was originally utilized as a carpet store and most recently converted and used as an office for Riley Manufactured Homes. Riley Manufactured Homes will transition their office on additional parcels they own south of the subject. This building is currently configured with: 14 private offices, 2 larger conference rooms, kitchen, and Mezzanine storage. The building is fully conditioned and was last removed around 2008. Prior uses for the building included a significant amount of warehouse space in the rear of the building which has since been converted to office use. The 10’ x 10’ overhead door remains and a small garage area consisting of 13’ clear heights. Parcel -022 is vacant and has no permanent structures. Parcel -039 will be spilt according to the Parcel Map prior to closing. Currently Parcel(s) -001 (2708 N Cunningham) & -039 reside in the county and are zoned B-4, General Business. Parcel(s) -021 & -022 are already annexed into the City of Urbana and have B-3, General Business District Zoning. *Parcel -001 & -039 are currently located in the county and subject to county zoning.

Property Subtype:

Mixed Types

Date on Market:

2025-09-04

Cary Portfolio of properties for Sale - Far Northwest

This rare 4-parcel portfolio in the heart of Downtown Cary, IL presents a prime redevelopment opportunity for investors and developers seeking a strategic foothold in a vibrant suburban market. Spanning over 35,000 square feet across four parcels, the offering includes a mix of land, multifamily, and commercial assets with flexible B1 and B2 zoning. The site features two buildings, including a fully leased four-unit apartment building with month-to-month tenants, allowing for immediate income and future repositioning. Located steps from Cary’s Main Street and surrounded by local favorites like Tracks Bar & Grill, Uncle Jerry’s Pizza, and 750° Cucina Rustica, the parcels benefit from strong visibility and walkable access to retail, dining, and services. The 122 W Main Street parcel currently operates as a paid parking lot, adding utility and potential for future vertical development. The double lot at 104 High Road offers additional scale and optionality, with potential adjacent acquisitions available. With a competitive asking price of $1.7M and a per-square-foot valuation under $50, this portfolio is ideal for multifamily, mixed-use, or commercial redevelopment. The site’s proximity to the Metra station, local businesses, and residential neighborhoods enhances its appeal for both tenants and future buyers. Whether repositioned as boutique apartments, retail storefronts, or a hybrid concept, this portfolio offers unmatched flexibility in a growing market.

Date on Market:

2025-08-21

Chicago Portfolio of properties for Sale - Northwest City

Perfectly positioned between Wicker Park and Logan Square, this 5,400 SF mixed-use property is comprised of two adjacent buildings that can be purchased together or individually. The first floor features a connected warehouse with 14’ ceilings, exposed brick, skylights, and heavy electric capacity, with each building offering a rear garage door for convenient van or car access. The second floor of 1906 N. Milwaukee adds versatile office or live/work space, ideal for creative or professional users. Recent improvements include a new roof (2018). The property benefits from excellent accessibility—just steps from the Western Blue Line, bus stops, and Divvy stations, with the Kennedy Expressway less than half a mile away. Surrounded by national retailers like Starbucks, Walgreens, and McDonald’s, as well as numerous bars and restaurants, this location offers outstanding visibility and walkability. A prime opportunity for retail, restaurant, bar, or light manufacturing users. Zoning: M1-2. Lot Size: 44’x100’. Alderman: Scott Waguespack—32nd Ward.

Property Subtype:

Mixed Types

Date on Market:

2025-08-21

Herrin Office for Sale

Excellent opportunity to own a commercial property on one of the busiest streets in town, with a traffic count of approximately 16,000 vehicles per day! This 600 sq. ft. building sits on a 50 x 100 lot and offers great visibility. Formerly a title loan facility, the space is ideal for a wide range of small businesses looking for high exposure. Possible uses include: • Insurance agency • Nail salon or beauty shop • Boutique retail shop • Coffee kiosk or smoothie bar • Cell phone sales/repair store • Tax preparation service • Small office (real estate, notary, financial services, etc.) • Specialty retail (flowers, gifts, vape/tobacco, etc.) With its manageable size and prime location, this property offers an affordable entry point for entrepreneurs ready to put their business in front of thousands of potential customers every day.

Date on Market:

2025-08-20

Savoy Office for Sale

The subject property is a 2,544 SF office condo suite located on the second floor of the building. The subject property was constructed in 1990 and the second floor is ADA accessible by a wheelchair lift located on the southwest side of the building. The office condo has Class A office finishes with an inviting reception area, copy/file storage room, six large individual offices, conference room, full kitchen/breakroom, two restrooms, and a coffee bar area. The property has ample parking all around the building. The condo fees are $301.20/month and cover building maintenance, insurance on the structure, utilities in common hallways, landscaping, water, garbage, sanitary, snow removal and lawn care.

Date on Market:

2025-05-14

Blue Island Retail for Sale - Near South Cook

ESTATE SALE. Brand New Turnkey Restaurant Property for Sale | $399,000 2,690 SF Building on 12,500 SF Lot | High-Traffic Location | Fully Equipped Seize this rare opportunity to own a beautifully renovated, fully equipped restaurant in a thriving, walkable neighborhood. This 2,690 SF mixed-use building sits on a generous 12,500 SF lot and includes: Expansive outdoor and enclosed patios Fully furnished dining room and bar (seats 50 indoor tables + 30 outdoor) Brand new FF&E, including a walk-in refrigerator Finished basement for storage Unfinished upstairs apartment ideal for conversion long-term, or event venues Taxes estimated to be $10,000 Two restrooms Covered garage and ample parking Located across from a new Burrito Jalisco and steps from La Vieja Castilla, the area is buzzing with foot traffic from local bars, breweries, and the Lyric Theater—making it a prime location for Italian, BBQ, Middle Eastern, or other standout concepts. Highlights: Sale Price: $399,000 SBA Financing Available for qualified buyers Over $100,000 in Inventory Included Whether you're an established restaurateur or a passionate newcomer, this is your chance to capitalize on a high-visibility, fully equipped restaurant property in one of the area's most vibrant dining destinations to help fill a much needed food & beverage gap in the downtown area.

Property Subtype:

Restaurant

Date on Market:

2025-04-28

Springfield Office for Sale - Downtown Springfield

Excellent office space located on a prime corner in downtown Springfield. Third floor suites available. Ideal location for lobbyist, attorney, architect, accountant or any other professional needing downtown office space. Ground level bar/restaurant available! 6,000 sq. ft. of entertainment space featuring an open floor plan, 2 bars, a stage, and 2 outdoor seating areas. Bar fixtures must be negotiated separately with the current tenant. Other reputable tenants in the building. Call for more leasing details. Listing agent has a financial interest in the property. Area Property is located on the corner of 5th and Monroe in the heart of downtown Springfield. Just 3 blocks from the State Capitol and Amtrak station, next door to the post office and 3 banks are within 1-2 blocks. Multiple restaurants and gift shops also minutes away. Building is approx. 1 mile to Memorial Medical Center, St. John’s Hospital and other facilities in the Medical District.

Date on Market:

2025-03-11

Litchfield Portfolio of properties for Sale

Investment Opportunity – 8,015 SF building for sale. Tenants include Giannis Restaurant, a frozen pizza maker, 2 upstairs apartments leased, 2 additional units under renovation. Two 900 SF street level spaces available for lease. Rear employee/tenant parking and additional parking are located in front of the building and around the city square. THIS IS IN A TIF AREA. 4 upstairs apartments ( 2 are finished and leased, newer wiring, plumbing, water heaters, Windows. Apartments upstairs above 119/121 are one bedroom units which are occupied. Building 115 – $900/month. New Split A/C, newer water heater. Currently used to produce frozen pizzas. Upstairs unfinished apartments needs flooring and lighting (lease will be $1100/month). 2 bed, 1 bath, shared washer/dryer hook ups. Space 117 – remolded for a gaming parlor, now currently vacant (new Split A/C, newer Water heater). Upstairs unfinished apartments needs flooring and lighting (lease will be $1100/month). 2 bed, 1 bath, shared washer/dryer hook ups. Building 119 and 121 E. Union is occupied by Route 66 BBQ and Southern kitchen (located in the former Giannis). Roof over the restaurant is newer. Located directly across from the Square and Memorial Gardens in Uptown district. High traffic count area on IL Route16 (E Union Ave). Just minutes from I-55 (exit 52) and shopping.

Date on Market:

2025-03-04

Waterloo Retail for Sale - Monroe County

Large Restaurant/Bar Event Space in Waterloo – This facility was completely remodeled in 2023, it features a bright and spacious main food and bar area with overhead doors opening to expansive front and rear outdoor seating. The main bar is spectacular with seating surrounding the bar. The food service is currently set up with a walk up ordering and pickup counter. The family friendly arcade 2,000 SF area featuring pool tables and arcade games. It is located opposite the kitchen, has 12' ceilings and is adjacent to the men’s and women’s restrooms. Gaming Lounge features bar seating with possibilities for a private party room or continued use as a gaming lounge. The kitchen has been completely remodeled and re-equipped with new equipment. Complete kitchen inventory is attached. There is a walk-in cooler/freezer, plus a large beer cooler that is set up for easy deliveries and offers expanded cooler space. A covered section that connects to the main bar via an overhead door and standard door. An area with a retractable awning adjacent to the gaming lounge. Front seating that integrates with the main bar through five overhead doors, creating an open-air environment. These features allow for flexible use of indoor and outdoor spaces, enhancing the venue’s capacity (+/- 150 ) and allows for outdoor activities. Sale includes real estate. FF&E is negotiable. Contact Broker for equipment list. Business is operating, please do not approach the employees about the sale. Call listing broker for more information Located at 1324 Jamie Lane in Waterloo, Illinois, this bar/restaurant is situated about 30 minutes southeast of St. Louis. Waterloo is known for its historic downtown. The venue is accessible from major routes, being 5 minutes from IL-3, 15 minutes from I-255, and 25 minutes from I-64. Nearby points of interest include the Waterloo Historic District (5 minutes away), Zimmer Park (3 minutes away), and the Monroe County Fairgrounds (7 minutes away).

Property Subtype:

Restaurant

Date on Market:

2025-01-21

South Roxana Retail for Sale - Illinois

Established bar and grill. Located across from the Phillips 66 Wood River refinery. The building has a kitchen, outdoor patio, pool table, gaming machines, separate (detached) building for smoking. There is electric run to the detached building. Hours are Monday – Friday: 5 a.m. to 1 a.m. Saturday: 4 a.m. to 2 a.m. Sundays open at 11 am. Breakfast, great sandwiches and food specials are served. This is a an excellent business opportunity. Located .6 miles from I–255 and between Hwy 111 and I-255 across from entrance to the Refinery.

Property Subtype:

Restaurant

Date on Market:

2024-12-26

Toledo Retail for Sale

An exceptional investment opportunity awaits at The Lucky Pig, one of only two establishments with licensed gambling in Toledo, IL. This well-established slot machine parlor and bar combines a welcoming atmosphere with profitable gaming facilities. generating an impressive Net Terminal Income exceeding $300,000 annually over the last three years. Add the additional revenue from alcohol and food sales as well as the income from the ATM and jukebox, and it is easy to see why these businesses are sought after. The 1,110-square-foot space features a gaming room with 6 machines, a granite-topped, L-shaped bar, and cozy seating with nostalgic decor. With both the business and the building being sold together, The Lucky Pig offers a turnkey setup for a smooth transition. Situated on a 0.38-acre lot with ten parking spaces and a detached garage, this unique business is poised for continued success. Schedule a tour to explore this rare opportunity today.

Property Subtype:

Bar

Date on Market:

2024-12-08

Lena Retail for Sale

Beaches Supper Club in operation since 1975. Across from Stagecoach Golf Course.

Property Subtype:

Restaurant

Date on Market:

2024-11-19

Murphysboro Retail for Sale

The remaining 12,350 sq. ft. of the 21, 050 sq. ft. Jackson Square shopping center is now available for an investor. It is shadow anchored at the north end by a company owned Kroger Foods (30,000± SF), at the south end by a company investor owned Rural King (49,600± SF), and a freestanding Dollar Tree built in 2019 on the Rural King periphery. Existing tenants include BoxDrop Mattress & Furniture, Sky Nails, H&R Block (opened in 2024), and Murphy Tobacco & Vape (opened in 2024). The 12,350 sq. ft. is fully leased with a NOI of approximately $60K per year. Each lease is gross with annual kickers. The south 8,700 sq. ft of the center that includes Silver Dollar Gaming, Quality Qutz, and Sergio's Mexican Bar & Grill (Owner/User) and the 4,500 sq. ft. building & adjacent undeveloped lot on the Jackson Square periphery were sold in August 2023. The 9+ acres south of the Rural King sold in 2024. Jackson Square is located on the northeastern edge of Murphysboro on IL State Highways 13 & 127. Two of the owners are licensees in the State of Illinois.

Date on Market:

2024-08-27

Centreville Retail for Sale - Illinois

Former event center in Cahokia Heights. 6,180sf building on a mostly flat 4.1 acre parcel. Includes all FFE. Ideal for new development, industrial purposes, contractor or landscaper, truck parking, outside storage or income producing self-storage units, retail or non-profit. This versatile property offers a unique opportunity for various business ventures in Cahokia Heights, IL. Note: Buyer to do their own due diligence on permitted uses. Sold as-is.

Property Subtype:

Bar

Date on Market:

2024-07-10

Rochelle Sports & Entertainment for Sale - I-39 Corridor/Ogle County

Owner financing to qualified buyer. This property & business is a thriving restaurant/Bar with stage for entertainment, great gaming revenue stream, and approx. 75+ seating capacity. Some of the features of this property are: Full bar, All new coolers, new bar and countertops, New liquor cabinets, New draft system, New hi & low top tables & chairs, All new flooring, Stage complete with LED wi-fi lighting system and stage lights, Built in streaming for DJ, marketing/advertising spots. There are several TV's within, including a 130", 75" and 2 65" flat screens. This property is being offered as a "turnkey" operation, fully staffed, and established business. The gaming revenue is an additional plus for the business. Also included is a 3 bedroom fully remodeled apartment above to create additional revenue, or for the owner/operator to live. This property has been updated through and through. Check it out today, and be your own boss tomorrow !!!

Date on Market:

2024-07-02

Frankfort Retail for Sale - Joliet/Central Will

Recently updated 7905 West Lincoln Highway, where an incredible opportunity awaits! Nestled in a prime corner location, this property boasts a thriving Night Club & Bar setup, complete with liquor licenses and coveted grandfathered Gaming Licenses. Key Features: *High Traffic Location: Situated on the bustling Route 30, ensuring a steady flow of customers. *Grandfathered Gaming: Enjoy consistent revenue streams from gaming activities. *Adaptable Floor Plan: The space offers versatility for various business concepts. *Flexible Use - C2 Zoning: Explore a range of possibilities for business operations. *Redevelopment Potential: With a sizable lot and flexible terms, envision the future of this property. *Bonus Outdoor Patio/Beer Garden: Perfect for patrons to enjoy the ambiance outdoors. *Parking Convenience: Accommodate up to 60 cars with ease, ensuring accessibility for customers. Bar, lounge and beer garden recently renovated and seller after decades of operations would now like to retire. Whether you're interested in taking over the existing business with equipment or embarking on a redevelopment project, this property offers endless potential. Details: Address: 7905 West Lincoln Highway Lot Size: Generously sized to accommodate various ventures Contact: Reach out to the listing agent for further details and to seize this lucrative opportunity. Don't miss out on this chance to own a prime piece of real estate in a high-traffic area. Act now and make an offer today!

Property Subtype:

Restaurant

Date on Market:

2023-07-16

Fairview Heights Hospitality for Sale - Illinois

Hotel & Conference Center Turnkey Hotel with 119 room accommodations, indoor swimming pool, fitness center, conference rooms, kitchen & bar. 19,000 SF Conference Center with 3 large individual conference rooms and an additional 5 individual ballrooms that open up to one large ballroom/conference room with a 500 person capacity. Scenic outdoor patios with park setting views.

Property Subtype:

Hotel

Date on Market:

2022-08-08

Tamaroa Land for Sale

General proximity to St.Louis , Chicago , Nashville for future development . I will personally help or train someone with the day to day for 1-4 years for a reduced salary .The Game of Golf is making a strong comeback , Building Wealth outside the Stock Market ! This ideal Location has much potential ! Owner is willing to take $300,000 down and $100,000 he will remain a share holder ? And buyer could assume the rest on a low interest loan !! Perfect property to build a community and maintain 9 holes . Adult- style living development in a proactive community that has a huge demand for housing . Golf Course has tremendous character! Every hole has it's own personality. A member or frequent player never gets bored or tired of the layout. Very unique golf course with the front nine being old school , narrow fairways and small greens .And the back nine being more like a links style with large green and a grip and rip it feel . It could also be a spectacular site for development !! Keep 9- holes and build a Senior living multi-family homes or lots . Casino opportunity with the State's new laws . Marketed to Chicago and St. Louis and other Metros close by . Just a short train ride to see grandchildren in Chicago .Perfect location for a housing development with the possibilities of lakeside and Golf view lots . Or following the business model for golf course owners or people who always wanted to own a club , this is perfect for investors ! Staff is in place and extremely affordable! Perfect for absentee or hands off owner. Either way it is a beautiful Golf Course with all the Amenities ! Driving range , Grille & Bar . Great staff all ready in place ! Pro-active community with New Hospital and High School . The New hospital is building a magnificent therapy and exercise facility . State of the Art ! Open March 28th. With a couple new laws enacted it should attract domestic and international companies .The area's Walker Bluff Winery was just awarded one the states coveted Casino licenses . They plan on making it a destination location with Hotels and Convention center along with an indoor outdoor Water park . Click on links below. All key employees are in place and buyer could operate as a golf club and Grille during planning stage !!! Read about property on other listing .

Property Subtype:

Agricultural

Date on Market:

2018-10-19

Marion Retail for Sale

Turnkey 7,100+ SF. bar and restaurant space situated on a 1.2-acre lot at a stoplight corner surrounded by hotel and entertainment traffic drivers Unrivaled visibility and access, positioned just off the Hill Street interchange from I-57 with 40,000+ vehicles passing daily and 675 hotel rooms within walking distance. Unmatched prime location on “The Hill”—the heart of Thrillville, Southern Illinois’ fastest-growing sports, entertainment, and commercial district. Designed for revenue growth, offering 255 seats, a high-demand private dining room, and a drive-thru that previously generated 35% of total sales Comprehensive, ready-to-operate package—includes building, 1.2 acres of land with abundant parking, equipment, furniture, and fixtures.

Date on Market:

2023-10-10