850 Chestnut Street,Louisville, IL 62858
Louisville, IL 62858
Description
Ready to finally pursue your passion and work for your self?! This well-maintained 2,300+ sq. ft. commercial property in Louisville, Illinois offers a turnkey opportunity for your next restaurant or business venture. Formerly operating as a successful Mexican restaurant, the building is designed for efficiency and comfort, with a spacious dining area that seats over 80 guests and an inviting outdoor deck complete with string lights that create the perfect atmosphere for seasonal dining. The interior features warm finishes, plenty of natural light, and a layout that easily accommodates both large groups and smaller gatherings. The fully equipped kitchen includes prep stations, grill, hood system, refrigeration, and beverage service with soda fountain and beer taps. There is dedicated parking spaces ensure easy access. Recent upgrades include a brand new roof, outdoor dining deck, new flooring, and a mini-split HVAC unit, making this a move-in ready space with major improvements already in place. Situated on a visible lot with excellent traffic exposure, this location is ideal for a family restaurant, cafe, diner, or specialty eatery. The property has been kept clean and functional, offering a seamless transition for a new owner. With its turnkey setup, prime location, and strong potential to serve the local community, this restaurant building represents a fantastic value. Offered at $115,000, this opportunity at 850 Chestnut St. in Louisville, IL is ready for its next chapter.
Details
| MLS # | EB459814 |
|---|---|
| Listing Type | For Sale |
| Style | Retail/stores |
| Sub-Type | Resale |
| Status | Active |
| Year | 2001 |
| Days On Site | 356 |
| Listing Provided By | WILEY REALTY GROUP | Colton Durre |
Features
| SQ Feet | 1,301 |
|---|---|
| Story(s) | 1 |
| Zoning | comme |
| Acreage | 0.39 |
Interior
| Cooling | Central Air |
|---|
Exterior
| Construction Materials | Frame, Vinyl Siding |
|---|
Utilities
| Electric | Circuit Breakers |
|---|
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 1699.26 |
Area Information
| State | IL |
|---|---|
| County | Clay |
| City | Louisville |
| Zip Code | 62858 |
| Area | Louisville |
| Listing VS Median (in 62858) | |
Price: $115,000 low | high Med: $68,950 sqft: 1,301 low | high Med: 1,208 $ / sqft: $88 low | high Med: $54 On site: 356 low | high Med: 216.5 | |
Market Activity 62858
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Learn More About This Property
| State | IL |
|---|---|
| County | Clay |
| City | Louisville |
| Zip Code | 62858 |
| Area | Louisville |
| Listing VS Median (in 62858) | |
Price: $115,000 low | high Med: $68,950 sqft: 1,301 low | high Med: 1,208 $ / sqft: $88 low | high Med: $54 On site: 356 low | high Med: 216.5 | |