For Sale
$379,900

2142 Old State RdJacksonville, IL 62651

Profitable Event Venue, 3+ Acres

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a thriving 6,400 square foot event center situated on over three acres of land in Jacksonville, Illinois. The property, located at 2142 Old State Road, includes a fully operational banquet hall with a bar area, two restroom sets, a commercial kitchen, and a separate party room. Multiple storage rooms provide ample space for event supplies and equipment. An attached 2,200 square foot, two-bedroom apartment offers versatile potential – use it as on-site housing or convert it to expand the event space or create additional income streams. The property also boasts a 600 square foot garage, ideal for storage or equipment. The expansive 3+ acre lot allows for additional parking, outdoor event areas, or future building expansion. This established business, operating successfully for over 35 years, offers immediate income potential and significant upside for a savvy investor. The property's location just outside Jacksonville provides easy access while maintaining a tranquil setting. This turnkey operation is ready for a new owner to continue its legacy or reinvent it to suit their vision. The asking price is $379,900. Don't miss this chance to acquire a profitable and versatile commercial property.

Highlights

  • $379,900 asking price for commercial land.
  • 6,400 SF active banquet hall with bar, kitchen, restrooms, and party room on over 3 acres.
  • Includes a 2,200 SF, 2-bedroom apartment.
  • Additional 600 SF garage on site.

Property Details for 2142 Old State Rd

Property type
Land

Location Insight

City
Jacksonville
County
Morgan
State
Illinois
Latitude
39.7344159
Longitude
-90.2301471
2142 Old State Rd, Jacksonville, Illinois

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2142 Old State Rd
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