309 Vine StTaylorville, IL 62568

  • Commercial real estate
  • 0.20 AC
For Sale
$325,000 View listing

Property Details for 309 Vine St

Lot size
0.20 AC
Zone code
I-1
Property type
Commercial real estate
APN
17-13-27-211-001-00
APU
17132721100100

Description

This turnkey restaurant and bar in downtown Taylorville, Illinois, presents a unique investment opportunity. Priced at $325,000, the property boasts a prime location at 309 E Vine Street, within easy reach of the city center. The expansive outdoor space features a covered bar and seating area, a large recreation area perfect for events like cornhole tournaments, a covered stage ideal for live music or fundraising events, meticulously landscaped areas with ample seating, and convenient food truck hookups. Inside, the establishment includes a spacious bar area, booths, tables, and chairs, along with multiple game tables such as a pool table, shuffle bowling, and arcade games. Two ADA-accessible restrooms are conveniently located near the main dining area. The commercial kitchen is designed for efficiency and profitability, equipped with high-end appliances including stone hearth ovens capable of cooking six 18-inch pizzas simultaneously, a ventless fryer, and a heated dough press. The property is zoned Industrial 1 and is ready for immediate operation. This versatile space is suitable for various uses, including community events, reunions, weddings, and live music performances. The extensive equipment list, while not fully detailed here, ensures a smooth transition for a new owner. This is an exceptional opportunity to acquire an established and profitable business in a vibrant downtown setting. The property's address is 309 E Vine Street, Taylorville, IL 62568.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,526,309
    Hospitality
    $2,314,085
    Educational
    $1,925,292
    Medical
    $1,991,505
    Retail
    $2,994,898

Location Insight

City
Taylorville
County
Christian
State
Illinois
Latitude
39.5505
Longitude
-89.2932
CBSA code
45380
CBSA name
TAYLORVILLE, IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,312
$4,713
$35,630
$40,343
-
$14,139
$106,890
$121,029

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