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Grocery and Convenience Store Facility
For Sale
$499,900

304 Chapin Street, Ivesdale, IL 61851

COMMERCIAL - Ivesdale, IL

Property SizeContact for details
Lot Size0.55 Acres
Days on Market640

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
Listed By: Carol Meinhart · License #475127814
Added: Nov 7, 2024 Changed: Aug 4 Last Checked: Aug 9 at 12:06PM
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 property includes an established butcher shop operating as a Class II State Licensed Plant. The facility has recently upgraded refrigeration equipment, and central air is also in place. A residence on the property is currently used to house employees.

The property occupies 0.551 acres in Champaign County, Illinois. The business and facility are offered together for continued operation or a new ownership plan.

Key Highlights

  • Class II State Licensed Plant
  • Recently upgraded refrigeration system
  • Employee residence included on the property

Property Analytics

Current Use

Ivesdale Community Park Park

Suggested Use

Top Pick Storage Facility Butcher Restaurant Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Class II state-licensed plant with upgraded refrigeration and an employee residence.
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; Recently upgraded refrigeration system; Employee residence included on the property
More about this property
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