Licensed Grocery and Convenience
For Sale
$499,900
304 Chapin Street, Ivesdale, IL 61851
Business Opportunity, Ivesdale, IL
Property SizeContact for details
Lot Size0.55 Acres
Days on Market688
Property Features for 304 Chapin Street
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Johnson Street turn on S Chapin Street will be on the left.
Subdivision
Western Champaign County / Piatt & McClean Counties
Standard status
Active
APN
223107332002
Lot size
0.55 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
LOT 4 BLOCK T IVESDALE, FORMERLY NORRIE
Tax Annual Amount
7448
Legal Description
LOT 4 BLOCK T IVESDALE, FORMERLY NORRIE
Utilities
Cooling system
Central Air
Building Details
Floors in Building
1
Listing Agency:
The Real Estate Group,Inc
(217) 607-2634
Listed By:
Carol Meinhart · License #475127814
(217) 898-9204
Added: Nov 7, 2024
Changed: Aug 19
Last Checked: Sep 26 at 1:06PM
MLS# 12200106
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This Ivesdale commercial property supports an operating butcher shop within a Class II State Licensed Plant. Recent refrigeration improvements are in place, providing updated equipment for the facility’s production and storage functions. Central air conditioning is also included.
The property encompasses 0.551 acres and includes a residence currently used for employee housing. The combination of an established food-service operation, licensed plant status, upgraded refrigeration, and on-site residential space creates a specialized commercial offering for an owner-operator or an existing business evaluating additional facilities.
The property encompasses 0.551 acres and includes a residence currently used for employee housing. The combination of an established food-service operation, licensed plant status, upgraded refrigeration, and on-site residential space creates a specialized commercial offering for an owner-operator or an existing business evaluating additional facilities.
Key Highlights
- Class II State Licensed Plant
- Operating butcher shop business
- Refrigeration system recently upgraded
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 61851, IL
425
Population
191
Households
2.2
Avg Household Size
44
Median Age
33%
College-Educated
94%
High-School Grad
34.0 sq mi
ZIP Area
13
Density / Sq Mi
$58,981
Median Household Income
$50,833
Median Earnings
$950
Median Rent
$136,600
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Operating butcher shop with upgraded refrigeration, employee housing, and central air conditioning in Ivesdale, Illinois.
Where is this grocery and convenience store located?
The property is located at 304 Chapin Street Ivesdale, IL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Class II State Licensed Plant; Operating butcher shop business; Refrigeration system recently upgraded
