2142 Old State Rd Jacksonville, IL 62650
- Commercial real estate
- 1.77 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2142 Old State Rd
- Lot size
- 1.77 lot acres
- Property type
- Commercial real estate
- APN
- 09-22-200-016
- APU
- 922200016
Description
This exceptional 8,600 square foot commercial property in Jacksonville, IL, presents a unique investment opportunity. Situated on over 3 acres, the property includes a thriving 6,400 square foot banquet hall with a proven 35-year history of hosting weddings, parties, and other special events. The facility boasts a spacious banquet hall, a fully equipped commercial kitchen, a dedicated bar area, and two sets of restrooms for guest convenience. A separate party room and multiple storage rooms provide ample space for event preparation and storage needs. Adding to its versatility, a 2,200 square foot, two-bedroom apartment is attached, offering potential for owner occupancy or conversion into additional event space or another commercial use. The property also features a 600 square foot garage, ideal for equipment storage or expansion. The expansive 3.17-acre lot allows for ample parking, the creation of outdoor event spaces, or future building expansion to accommodate growing business needs. This turnkey operation is priced at $379,900 and offers significant potential for continued success as an event venue or adaptation to a variety of other commercial uses. The existing infrastructure and established clientele provide a solid foundation for a new owner to build upon.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $250,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Morgan
- State
- Illinois
- Longitude
- -90.2006
- Latitude
- 39.7358
- CBSA code
- 27300
- CBSA name
- JACKSONVILLE, IL MICROPOLITAN STATISTICAL AREA
