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Historic Victorian Restaurant & Banquet Hall
For Sale
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101 W South St, Dwight, IL 60420

1891 Grand Victorian mansion with a large banquet room, commercial kitchen, bar and lounge, patio seating, and event grounds.

Property Size20,548 SF
Lot Size2.06 Acres
Days on Market120

Property Features for 101 W South St

General Information

Standard status Active
Size 20,548 SF
Lot size 2.06 Acres
Property subtype Retail

Additional Details

Highway Access Yes

Building Details

Year Built 1891
Stories 2
Listing Agency: john greene Real Estate
Listed By: Shamus Conneely · License #IL 471007958
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 4:54AM

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 john greene Real Estate

Investment Insights

Based on property information with market context.

A historic Grand Victorian mansion built in 1891 and listed on the National Register of Historic Places in 1980, offered as a full restaurant and banquet hall with long-standing operating features. The main level includes a 7,356± SF banquet room with space for 400 guests, an adjoining bar, a prep room, and two ADA bathrooms. An additional 6,192± SF on the main floor includes a large commercial kitchen, four dining rooms, a full bar and lounge, and outdoor patio seating.

The property sits on 2.06± acres and has been used for outdoor weddings, with shaded seating and a gazebo. The banquet hall backs up to the public 5-story Oughton Estate Windmill and park, described as a tourist draw from Route 66 and used as photo backdrops for events.

The second floor totals 4,000± SF and includes a small apartment, office, and 11 sleeping rooms with three bathrooms, previously used as a boarding home. A large staircase leads to the attic, and the partially finished basement includes two more bathrooms and over 3,000± SF of additional storage. Access is noted as convenient from the Chicagoland area, with the Dwight Amtrak located two doors away.

Key Highlights

  • Built in 1891; listed on the National Register of Historic Places in 1980
  • Main level includes a 7,356± SF banquet room for up to 400 guests with adjoining bar and prep room
  • Additional 6,192± SF on main floor with commercial kitchen, 4 dining rooms, full bar and lounge, and access to an outdoor patio

Property Analytics

Current Use

Oughton Estate Windmill Resort

Suggested Use

Top Pick Dental Office Law Firm Hair Salon Bakery Grocery & Convenience Store Real Estate Agency

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

331
Businesses Nearby

Demographics for 60420, IL

4,701
Population
2,002
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
93%
High-School Grad
96.7 sq mi
ZIP Area
49
Density / Sq Mi
$68,184
Median Household Income
$38,973
Median Earnings
$984
Median Rent
$161,800
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
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Frequently Asked Questions

What type of property is this?
Wedding venue - 1891 Grand Victorian mansion with a large banquet room, commercial kitchen, bar and lounge, patio seating, and event grounds.
Where is this wedding venue located?
The property is located at 101 W South St Dwight, IL.
What are key features of this property?
This property features: Built in 1891; listed on the National Register of Historic Places in 1980; Main level includes a 7,356± SF banquet room for up to 400 guests with adjoining bar and prep room; Additional 6,192± SF on main floor with commercial kitchen, 4 dining rooms, full bar and lounge, and access to an outdoor patio
(630) 360-1196 Call to check price and availability
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