850 CHESTNUT Street, Louisville, IL

$115,000

Overview

  • 658805
  • Property ID
  • Updated On:
  • May 2, 2026
  • 0 ft2
  • Property Lot Size

Description

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.

Climate Control
Air Conditioning
Other Features
Central Air
Frame
Municipal Water
Other
Vinyl Siding

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$589.63
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 445.88

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Information for the property at 850 CHESTNUT Street, Louisville, IL, 62858 (Property ID: 658805) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi