O'Neil Property Group

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$750,000
48 Days On Site

91 Palmyra Road
Sterling, IL 61081

For Sale|Business|Active
0
Beds
0
Total Baths
2,400
SqFt
$313
/SqFt
County:
Lee
Listing Courtesy of MRED as distributed by MLS Grid of RE/MAX Sauk Valley
91 Palmyra Road91 Palmyra Road91 Palmyra Road91 Palmyra Road
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A rare opportunity to own a true piece of Illinois history! The historic Midway Drive-In Theater in Sterling has been entertaining generations since 1950 and is home to Illinois' oldest standing drive-in movie screen. This iconic single-screen venue features a massive 90-foot screen and parking capacity for approximately 500 vehicles, creating an authentic outdoor movie experience unlike any other. The 15.5 acre property includes the classic retro "spaceship" ticket booth, full-service 50's style concesion stand/diner, digital projection capabilities and the infrastructure necessary to continue operating this established entertainment destination. The Midway has embraced the nostalgia of the classic American drive-in while continuing to offer first-run movies, double features and special events. The concesion operation offers a variety of popular movie and diner favorites, adding an additional revenue component to the business. This is a rare opportunity for an owner/operator, investor, entrepreneur or entertainment-minded buyer to acquire an established business and an iconic property with decades of history, recognition, and a loyal following. Opportunities of this nature rarely become available. Qualified buyers are encouraged to inquire for additional information regarding the property, business, equipment and included assets.

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Listing Snapshot
PriceΒ 
$750,000
Days On SiteΒ 
48 Days
BedroomsΒ 
N/A
Inside Area (SqFt)Β 
2,400 sqft
Total BathsΒ 
N/A
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
N/A
Year BuiltΒ 
N/A
MLS NumberΒ 
12762196
StatusΒ 
Active
Property TaxΒ 
$3,557
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS
a month agoStatus changed to Active
2 months agoListing first seen on site
General Features
Additional Property UseΒ 
Commercial
Property Sub TypeΒ 
Business
SewerΒ 
Septic Tank
SqFt TotalΒ 
2400
UtilitiesΒ 
Natural Gas Available
Water SourceΒ 
Well
ZoningΒ 
COMMR
Interior Features
CoolingΒ 
Central Air
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Community Features
MLS AreaΒ 
Sterling
Listing Courtesy of MRED as distributed by MLS Grid of RE/MAX Sauk Valley



Based on information submitted to the MLS GRID as of 2026-11-05 05:12 PM UTC. 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.
Last checked: 2026-11-05 05:12 PM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

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Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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