This turnkey, well-established restaurant located in downtown Colchester IL is well known for its fabulous food, people come miles for their pasta, pizza, and other great comfort foods. Currently, the restaurant is open for lunch and dinner, they have a beer and wine license, and in the attached building is a gaming parlor with a lounge area that can also be used for added seating for the restaurant if needed. The kitchen is fully equipped, you also have a walk-in cooler and freezer, a dry storage area, a prep area, and an office. For added income the second level of the gaming parlor has a large two-bedroom apartment, very nice, this apartment is currently leased at $750 a month. For more information on the business contact the listing agent, P.L statements for pre-qualified buyers.
The median home value in Colchester, IL is $48,800. This is lower than the county median home value of $70,100. The national median home value is $219,700. The average price of homes sold in Colchester, IL is $48,800. Approximately 62.41% of Colchester homes are owned, compared to 21.54% rented, while 16.05% are vacant. Colchester real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Colchester real estate agent to arrange a tour today!
Colchester, Illinois 62326 has a population of 1,566. Colchester 62326 is less family-centric than the surrounding county with 30% of the households containing married families with children. The county average for households married with children is 30.24%.
The median household income in Colchester, Illinois 62326 is $37,727. The median household income for the surrounding county is $42,911 compared to the national median of $57,652. The median age of people living in Colchester 62326 is 40.5 years.
The average high temperature in July is 86.7 degrees, with an average low temperature in January of 15.4 degrees. The average rainfall is approximately 39.2 inches per year, with 20.5 inches of snow per year.