850 CHESTNUT Street Louisville, IL $ 115,000
850 CHESTNUT Street
$ 115,000
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850 CHESTNUT Street

Louisville, IL, 62858
$ 115,000
Bedrooms-- Baths-- Sq 1,301

Monthly Estimate*

$ 708

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Commercial Property for sale in Louisville, IL

for $115,000. This 1,301 square foot building was built on a lot size of 0.39.

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.

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Commercial Active

Price

$ 115,000

Property Type

Commercial

Taxes

$ 1,699

Style

Lot Size

0.39

Town/City

Louisville

County/Region

Clay

MLS | Web ID

EB459814

Features
General
Cooling Central Air
Zoning comme
Construction Materials Frame Vinyl Siding
County Clay
Property Type Commercial Sale Retail/Stores
Status Active
Directions From Caseys in Louisville head north. 3 streets up take a right and the restraunt will be the second building off to your left
City Louisville
MLS Area Louisville
Tax Annual Amount 1699.26
Standard Status Active
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Interior
Flooring Other
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Exterior
Water Source Municipal Water
Building Area Total 1301
Lot Dimensions 135x126
Lot Size Acres 0.39
Frontage Type City Street Paved
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* Excluded Features
List By
Wiley Realty Group

Broker

ibc2017@gmail.com

Email

Affordability Calculator

$850
Per Month
83%
17%
0%
Monthly Principal & Interest
$708
Monthly Property Taxes
$142
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
12/19/2025$115,000 Listed Price

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850 CHESTNUT Street, Louisville, IL, 62858 is a Commercial Property for sale at $115,000 with 1,301 sqft and a lot size of 0.39. The property's zip code is 62858 which is in Louisville, IL