$115,000

850 CHESTNUT Street, Louisville IL, 62858

Price per sqft$88.39

Built in2001

Property size1,301 sqft

Property typeCommercial

Listed by Colton Durre with WILEY REALTY GROUP 618-676-5319

Overview

Active

Listed Sep 20, 2025

Updated Aug 16

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.

Additional information

MLS^® ID: EB459814

Interior Features

Bedrooms: 0
Cooling: Yes
Basement: No

Exterior Features

Lot Size: 0 Acres

Other Property Details

Taxes: $1,699
Tax Frequency: Annually

Listed by Colton Durre with WILEY REALTY GROUP 618-676-5319

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Data is refreshed every 3 hours. Listing last updated 3:16 AM UTC on 8/16/2026.

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