Historic Restaurant and Residence
For Sale
$400,000
101 W Sale Street, Tuscola, IL 61953
Turn-key restaurant space with residential areas above, including a nearly finished apartment and an additional unfinished level.
Property Size2,850 SF
Price / SF$140.35
Days on Market109
Property Features for 101 W Sale Street
General Information
Standard status
Active
Size
2,850 SF
Property subtype
Commercial
Additional Details
Floor
Ground
Equipment Included
Yes
Building Details
Building Size
5,700 SF
Year Built
1871
Year Renovated
2024
Buildings
1
Listing Agency:
Hillard Agency- Tuscola
(217) 253-2388
Listed By:
Cathy Means · License #4710203432
(217) 253-2388
Source:
Perillorealestategroup
Added: Apr 13
Changed: Jul 29
Last Checked: Jul 29 at 5:13AM
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 Hillard Agency- Tuscola
Investment Insights
Based on property information with market context.
Located at 101 W Sale Street in Tuscola, this historic mixed-use property offers approximately 2,850 sq ft of commercial space on the main level and approximately 2,850 sq ft of residential space above. The restaurant portion is offered turn-key, including restaurant equipment for the cafe, and includes original mosaic tile flooring, rich mahogany trim, historic built-in booths lit by lanterns, and a centerpiece marble soda fountain and ice cream bar with antique wooden stools. Additional highlights include three wooden display cases and a unique historic teller booth.
The upper level includes a nearly finished 1,425 sq ft apartment that needs a kitchen, along with an additional 1,425 sq ft unfinished area described as a “blank canvas” ready for conversion into loft rentals. The facade retains its historic character, and modern structural integrity has been addressed through significant renovations to the front of the building and masonry in 2024.
The upper level includes a nearly finished 1,425 sq ft apartment that needs a kitchen, along with an additional 1,425 sq ft unfinished area described as a “blank canvas” ready for conversion into loft rentals. The facade retains its historic character, and modern structural integrity has been addressed through significant renovations to the front of the building and masonry in 2024.
Key Highlights
- Year built 1871—historic commercial and residential portfolio in the heart of Tuscola
- 101 W Sale includes 2,850 SF of commercial space on the main level and 2,850 SF of residential space above
- Main‑level restaurant/Cafe includes original mosaic tile flooring, mahogany trim, historic built‑in booths, and a historic teller booth
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
394
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 61953, IL
6,365
Population
2,860
Households
2.2
Avg Household Size
40
Median Age
24%
College-Educated
93%
High-School Grad
124.8 sq mi
ZIP Area
51
Density / Sq Mi
$76,504
Median Household Income
$41,949
Median Earnings
$835
Median Rent
$165,100
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turn-key restaurant space with residential areas above, including a nearly finished apartment and an additional unfinished level.
Where is this conventional restaurant located?
The property is located at 101 W Sale Street Tuscola, IL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Year built 1871—historic commercial and residential portfolio in the heart of Tuscola; 101 W Sale includes 2,850 SF of commercial space on the main level and 2,850 SF of residential space above; Main‑level restaurant/Cafe includes original mosaic tile flooring, mahogany trim, historic built‑in booths, and a historic teller booth
