Buy or Sell a Business in Jacksonville, Illinois

Your complete guide to business transactions in Morgan County. Historic community, college town, and regional center.

Jacksonville Business Market at a Glance

19K
Population
700+
Total Businesses
$165K
Avg. Sale Price
14 mo
Median Time to Sell

Jacksonville Economic Overview

Jacksonville is a city in Morgan County with a rich history as one of Illinois' oldest communities. Home to Illinois College and MacMurray College (now closed), the city serves as a regional center for west-central Illinois with healthcare, retail, and manufacturing sectors.

The city features a historic downtown square, healthcare facilities including Passavant Area Hospital, and manufacturing operations. Jacksonville serves as the commercial hub for the surrounding agricultural region.

Jacksonville Business Market Data

MetricValue
Population18,940
Total Businesses700+
Average Business Sale Price$165,000
Median Time to Sell14 months
Top IndustriesHealthcare, Retail, Manufacturing, Restaurants, Professional Services
RegionWest-Central Illinois / Morgan County

Selling a Business in Jacksonville

Jacksonville's regional hub status and diverse economy create opportunities for sellers of various business types.

Jacksonville Seller Advantages

  • Regional center: Serves large rural area
  • Healthcare hub: Hospital and medical services
  • Historic downtown: Established business district
  • Affordable market: Attracts diverse buyers

Buying a Business in Jacksonville

Jacksonville offers affordable business opportunities for buyers seeking a regional market in west-central Illinois.

Jacksonville Buyer Advantages

  • Very affordable: Low acquisition costs
  • Regional market: Serve large geographic area
  • Stable economy: Healthcare and manufacturing base
  • Lower competition: Less saturated market

Ready to Buy or Sell in Jacksonville?

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