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105 Main Street Penfield, IL $ 89,900
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$ 89,900 Get more info
105 Main Street
$ 89,900
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Share Save

105 Main Street

Penfield, IL, 61862
$ 89,900
Bedrooms-- Baths-- Sq 1,770

Monthly Estimate*

$ 561

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Commercial Property for sale in Penfield, IL

for $89,900. This 1,770 square foot building was built in 1932 on a lot size of 0.393939.

Calling all business owners! Here is your opportunity to own this staple of the Penfield community! In 2024, Berg Tank Septic Service installed a brand-new commercial septic system. There is a 4300-gallon Ecopod tank, a 1500-gallon concrete dosing tank with a dual pump system, and a 300-gallon fiberglass effluent lift station with a dual pump system. This building features a fully equipped kitchen, which includes a flat top oven, an Ansul system, a fryer, a commercial microwave, and a produce sink. Everything in the building will stay, including the POS system, TVs, beer cooler, stand-up cooler, all tables, and chairs will stay with the bar. There is also a walk-in cooler. The bulk CO system was installed in 2024, as well as the grease trap. Make your business dreams come true by owning this notorious bar and grill!

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Commercial Active

Price

$ 89,900

Property Type

Commercial

Taxes

$ 2,539

Style

Lot Size

0.393939

Year Built

1932

Town/City

Penfield

County/Region

Champaign

MLS | Web ID

12352108
Features
General
Sewer Septic Tank
Cooling Central Air
Roof Metal
Construction Materials Block
Year Built 1932
Electric Service - 201 to 600 Amps
Stories Count 1
Property Subtype Restaurant
Tax Year 2023
Assoc Fee Paid Per Annually
County Champaign
Net Operating Income 0
Property Type Commercial Sale Retail/Stores
Status Active
Directions From IL-49 turn onto 3000 N Road. You will turn onto S West St and then turn east onto Front Street.
City Penfield
Number Of Units Total 1
MLS Area Northern Champaign County / Ford County
Lot Size Square Feet 17160
Tax Annual Amount 2539
Additional Parcels Y/N N
Leasable Area 0
Virtual Tour https://my.matterport.com/show/?m=djJqn12iv2F
Standard Status Active
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Exterior
Water Source Municipal Water
Building Area Total 1770
Lot Dimensions 132X130
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* Excluded Features
List By
Keller Williams-Trec

Broker

hayleys@kw.com

Email

Affordability Calculator

$772
Per Month
73%
27%
0%
Monthly Principal & Interest
$561
Monthly Property Taxes
$212
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/3/2025$89,900 -14.38% Price Down
10/29/2025$105,000 -10.64% Price Down
9/12/2025$117,500 -2.08% Price Down
7/21/2025$120,000 -4.00% Price Down
5/2/2025$125,000 Listed Price

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105 Main Street, Penfield, IL, 61862 is a Commercial Property for sale at $89,900 with 1,770 sqft and a lot size of 0.393939. 105 Main Street was built in 1932. The property's zip code is 61862 which is in Penfield, IL

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