O'Neil Property Group

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$105,000
413 Days On Site

850 CHESTNUT Street
Louisville, IL 62858

For Sale|Business|Active
0
Beds
0
Total Baths
1,301
SqFt
$81
/SqFt
2001
Built
County:
Clay
Listing Courtesy of MRED as distributed by MLS Grid of WILEY REALTY GROUP
850 CHESTNUT Street850 CHESTNUT Street850 CHESTNUT Street850 CHESTNUT Street
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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.

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Listing Snapshot
PriceΒ 
$105,000
Days On SiteΒ 
413 Days
BedroomsΒ 
N/A
Inside Area (SqFt)Β 
1,301 sqft
Total BathsΒ 
N/A
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
0.39 Acres
Year BuiltΒ 
2001
MLS NumberΒ 
EB459814
StatusΒ 
Active
Property TaxΒ 
$1,699.26
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS
2 weeks agoStatus changed to Active
3 weeks agoPrice changed to $105,000
a year agoListing first seen on site
General Features
AcresΒ 
0.39
Property Sub TypeΒ 
Business
SqFt TotalΒ 
1301
Water SourceΒ 
Public
ZoningΒ 
comme
Interior Features
CoolingΒ 
Central Air
ElectricΒ 
Circuit Breakers
FlooringΒ 
Other
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Exterior Features
Construction DetailsΒ 
FrameVinyl Siding
Community Features
MLS AreaΒ 
Louisville
Listing Courtesy of MRED as distributed by MLS Grid of WILEY REALTY GROUP



Based on information submitted to the MLS GRID as of 2026-11-07 11:56 AM 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: 2026-11-07 11:56 AM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

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