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Active - Other for sale
134 E MARKET Street, Colchester, IL
Facts & features
Why you’ll love it
Formerly doing business as The Grill, this restaurant is a much needed and anticipated business in Colchester. It was remodeled in 2021 and has since been improved with new furnace and central air in 2024. The building sells with all restaurant equipment, a walk-in cooler and freezer, a prep area, dry storage area, and an office. Many additional kitchen items and cookware are also included. There are additional booths that stay and would seat approximately 32 more people, in addition to the current seating of 52. There are 3 buildings included with a 2-bedroom apartment above building 2, and a 2-bedroom apartment above building 3. A beauty shop occupies the lower level of building 3. The current rental income is $2,200 per month, and could be more with the rental of the lower level of building 2. One apartment has a new furnace in 2024, and both apartments have solar panels. This is a great investment opportunity to start a restaurant business, with a good monthly rental income already established. Call for your opportunity to view!
Listings courtesy of Key, REALTORS as distributed by MLS GRID.
Listed by: Key, REALTORS
Co-listed by: Key, REALTORS
Source: RMLS Alliance as distributed by MLS GRID, MLS#: PA1265241
Based on info available as of Nov 13, 2026 at 1:33 AM EST.
Come see by yourself
Affordability
$1,561/mo
- Mortgage$1,391
- Property tax$171
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$5,500 Credit back
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About Colchester
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Disclaimer
Based on information submitted to the MLS GRID as of Nov 13, 2026 at 01:33am EST. 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.
Make a winning offer, and get up to
$5,500 Credit back
