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!
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.
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.
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.