2142 Old State RdJacksonville, IL 62650

For Sale
$379,900
Profitable Event Venue w/ Apartment

Overview

Added:
Feb 3
Days on market:
72
This exceptional 8,600 square foot commercial property in Jacksonville, IL, presents a unique investment opportunity. Situated on over 3 acres, the property includes a thriving 6,400 square foot banquet hall with a proven 35-year history of hosting weddings, parties, and other special events. The facility boasts a spacious banquet hall, a fully equipped commercial kitchen, a dedicated bar area, and two sets of restrooms for guest convenience. A separate party room and multiple storage rooms provide ample space for event preparation and storage needs. Adding to its versatility, a 2,200 square foot, two-bedroom apartment is attached, offering potential for owner occupancy or conversion into additional event space or another commercial use. The property also features a 600 square foot garage, ideal for equipment storage or expansion. The expansive 3.17-acre lot allows for ample parking, the creation of outdoor event spaces, or future building expansion to accommodate growing business needs. This turnkey operation is priced at $379,900 and offers significant potential for continued success as an event venue or adaptation to a variety of other commercial uses. The existing infrastructure and established clientele provide a solid foundation for a new owner to build upon.

Property Details for 2142 Old State Rd

Property type
Commercial real estate
Square Feet
8,600 SF
Lot Size (sq. ft)
138,085 SF

Location Insight

City
Jacksonville
County
Morgan
State
Illinois
Latitude
39.73533
Longitude
-90.19579
2142 Old State Rd, Jacksonville, Illinois

FAQs

What type of property is this?
Commercial real estate - Profitable Event Venue w/ Apartment
Where is the commercial real estate located?
The property is located at 2142 Old State Rd Jacksonville, IL.
What is the asking price?
The asking price for this property is $379,900.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2142 Old State Rd
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