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Retail/Stores · Louisville, IL
$115,000
beds · baths
850 CHESTNUT Street, Louisville, IL, 62858
A brick-and-mortar place to make your own — room to make it home.
Active

What’s special

Central air0.39-acre lot
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.
— the listing agent’s description

The home

0.39-acre lot
Retail/Stores

What it’ll cost

$1,699 taxes / yr
No HOA
248 days on dwello

Estimated monthly payment

$787/mo
Principal & interest$611
Property taxes$142
Homeowners insurance$34
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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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248 days on dwello
Price history
Listed for sale
Sep 20, 2025
$115,000
Property taxes
2025
Annual tax bill (MLS)
$1,699/yr
From county records — verify with the assessor.

Features

Central AirFrameVinyl Siding
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Colton Durre · WILEY REALTY GROUP
Listing last updated May 25, 2026 · data refreshed from the MLS Jun 17, 2026, 6:20 PM CT
Based on information submitted to the MLS GRID as of Jun 17, 2026, 6:20 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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