Knoxville IL Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
11,031
Status:
Active
Beds:
n/a
Lot size:
1.28 Acres
Baths:
MLS#:
CA1032160

ADDITIONAL INFORMATION

Seize the opportunity to own a well-established and beloved restaurant in the heart of Knoxville, Illinois. Known for its high-quality food, lively entertainment, and top-tier amenities, this business offers much more than just a dining experience. With both indoor and outdoor venues, including the region’s largest covered outdoor Sound Garden that can host over 500 guests, this space is perfect for live music, sports events, and private banquets. The current owners, with plans for retirement, are committed to ensuring a smooth transition by working alongside new ownership for up to three years. This turnkey investment comes fully equipped with a full kitchen, prep kitchen, bar, dining areas, banquet room, and outdoor smokers. Additionally, with two established office tenants, you'll enjoy immediate income potential. Don’t miss out on this exceptional investment opportunity. See the attached inventory list for more details!

Type:
General Commercial
Sq.Ft.:
990
Status:
Active
Beds:
n/a
Lot size:
25.77 Acres
Baths:
MLS#:
CA1031138

ADDITIONAL INFORMATION

Prime Multi-Use 25+ Acre Property in Knoxville School District. Discover the ultimate flexibility and potential with this expansive 25+ acre property, perfectly situated within the sought-after Knoxville school district. This versatile land is currently utilized as ball fields, offering a fantastic recreational space for sports enthusiasts and community events. With rich soil and ample space, this property can be easily converted back to tillable acres, making it ideal for farming or agribusiness ventures. Envision your perfect home nestled in a tranquil, expansive setting. The existing infrastructure, including a 440-foot well, upgraded septic system, and reliable power supply, provides a strong foundation for your dream residence and reduces the time and cost involved in development. Whether you're looking to maintain recreational spaces, revert to agricultural use, or build a custom home, this property offers unparalleled flexibility and endless possibilities. Embrace the investment opportunity of this exceptional property and transform it to meet your vision.

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067

Listings courtesy of RMLS Alliance as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 RMLS Alliance. All rights reserved.





Knoxville Real Estate

The median home value in Knoxville, IL is $153,000. This is higher than the county median home value of $88,400. The national median home value is $338,100. The average price of homes sold in Knoxville, IL is $153,000. Approximately 76.76% of Knoxville homes are owned, compared to 15.8% rented, while 7.44% are vacant. Knoxville 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 Knoxville real estate agent to arrange a tour today!

Knoxville, Illinois has a population of 3,258. Knoxville is more family-centric than the surrounding county with 34.22% of the households containing married families with children. The county average for households married with children is 25.27%.

The median household income in Knoxville, Illinois is $67,750. The median household income for the surrounding county is $45,994 compared to the national median of $69,021. The median age of people living in Knoxville is 42.2 years.

Knoxville Weather

The average high temperature in July is 84 degrees, with an average low temperature in January of 13.6 degrees. The average rainfall is approximately 38.9 inches per year, with 23.8 inches of snow per year.

Knoxville Real Estate Market Conditions

  • Median sales price

    $153,000
    8.9% change since last quarter
  • # Active listings

    9
    30-day change

Knoxville Schools and Demographics

Education near Knoxville, IL

Metric City County
High School Graduates 96.91 88.94
College Degree - 2 year 13.17 11.89
College Degree - 4 year 23.73 19.65
Graduate Degree 5.52 4.92
Expenditures per Student 18,500 18,500
Students per Teacher 12.5 12.5

Elementary Schools near Knoxville, IL

School Grades Students P/T Ratio ZIP
Bright Futures Pre-K Prog PK - PK 201 24.6 61401
Gale School KG - 05 358 14.4 61401
King School KG - 05 383 13.4 61401
Mable Woolsey Elementary School PK - 04 424 14.7 61448
Nielson Elementary School KG - 05 420 13.8 61401
Silas Willard Elementary School KG - 05 447 16.6 61401
Steele School KG - 05 427 14.4 61401

Middle Schools near Knoxville, IL

School Grades Students P/T Ratio ZIP
Churchill Junior High School 06 - 08 517 13.6 61401
Cooke School KG - 05 112 12.4 61401
Knoxville Junior High School 05 - 08 358 17 61448
Lombard Junior High School 06 - 08 485 13.2 61401

High Schools near Knoxville, IL

School Grades Students P/T Ratio ZIP
Galesburg High School 09 - 12 1,346 13.5 61401
Knoxville Senior High School 09 - 12 323 12.4 61448

Ungraded Schools near Knoxville, IL

School Grades Students P/T Ratio ZIP
* Knox County Academy (Evening Diploma Program) 12 - 12 0 61401
Knox County Academy 06 - 12 14 7 61401

Demographics near Knoxville, IL

Metric City County
Neighborhood Type Suburban
Population 3,258 50,193
Population Density 1,386 70
Median Age 42.2 41.8
People per Household 2.6 2.2
Median Household Income 67,750 45,994
Average Income per Capita 28,289 25,871