31
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$115,000
Est. payment /mo
1,301 SqFt
Active
850 CHESTNUT ST Louisville, IL 62858
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Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 1,301 sqft
Price per Sqft $88
MLS Listing ID EB459814
Year Built 2001
Annual Tax Amount $1,699
Tax Year 2025
Lot Size 0.390 Acres
Lot Dimensions 135x126
Property Sub-Type Retail/Stores
Property 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.
Location
State IL
County Clay
Area Louisville
Zoning comme
Interior
Cooling Central Air
Flooring Other
Fireplace N
Building
Dwelling Type Retail/Stores
Water Municipal Water
Structure Type Frame,Vinyl Siding
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Colton Durre of WILEY REALTY GROUP
NEARBY SCHOOL & BUSINESS
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