850 CHESTNUT Street

Louisville, IL 62858

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.

Listing Courtesy of MRED as distributed by MLS Grid of WILEY REALTY GROUP



Based on information submitted to the MLS GRID as of 2026-09-26 10:44 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: 2026-09-26 10:44 AM UTC
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