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Restaurant With Loft Residence
New
For Sale
$345,000

100-102 Governor Oglesby Street, Elkhart, IL 62634

Two connected downtown buildings combine an operating restaurant, gift shop, and distinctive private living quarters.

Property Size6,200 SF
Price / SF$55.65
Days on Market5

Property Features for 100-102 Governor Oglesby Street

General Information

Standard status Active
Size 6,200 SF
Property subtype Commercial

Restaurant

Seating Capacity 68
Equipment Included Yes

Additional Details

Floor Ground
Business Included Yes
Highway Access Yes

Taxes and HOA fees

Annual Taxes $3,014

Building Details

Year Built 1905
Buildings 2
Listing Agency: ME Realty
Listed By: Robert Neal ([email protected])
Source: Curveyrealestate
Added: Aug 2 Changed: Aug 3 Last Checked: Aug 5 at 7:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ME Realty

Investment Insights

Based on property information with market context.

This 6,200-square-foot commercial property comprises two connected buildings at 100-102 Governor Oglesby Street. The ground floor houses the Wild Hare Cafe and Little Foxes gift shop, with a commercial kitchen, display cases, gift inventory, and restaurant seating for 68 guests. The property also includes a walk-up loft residence with high ceilings, a kitchen and dining area that open toward the living room, and a private bedroom positioned above the kitchen.

The restaurant currently operates Thursday through Sunday for lunch service, while the gift shop adds display space for gifts and antiques. Built in 1905, the property is located in downtown Elkhart near Historic Route 66 and approximately 20 minutes from Springfield. The cafe and gift shop have operated at this location for 22+ years.

Key Highlights

  • 6,200 SF property with two connected buildings
  • Operating Wild Hare Cafe and Little Foxes gift shop included
  • Restaurant seating for 68 guests

Property Analytics

Current Use

Conventional restaurants

Lease Details

Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

46
Businesses Nearby
Well-served
Demand for This Use

Demographics for 62634, IL

847
Population
508
Households
1.7
Avg Household Size
45
Median Age
32%
College-Educated
94%
High-School Grad
53.2 sq mi
ZIP Area
16
Density / Sq Mi
$79,722
Median Household Income
$52,589
Median Earnings
$759
Median Rent
$138,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two connected downtown buildings combine an operating restaurant, gift shop, and distinctive private living quarters.
Where is this conventional restaurant located?
The property is located at 100-102 Governor Oglesby Street Elkhart, IL.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: 6,200 SF property with two connected buildings; Operating Wild Hare Cafe and Little Foxes gift shop included; Restaurant seating for 68 guests
More about this property
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