Restaurant Building with
107 N Prairie Street Lacon, IL 61540
107 N Prairie Street, Lacon, IL, 61540
$150,000
For Sale
$150,000
Large restaurant building on a high-traffic intersection, sold as-is with a non-working boiler and basement water damage.
Property Size8,000 SF
Price / SF$18.75
Days on Market9
Property Features for 107 N Prairie Street
General Information
- Standard status
- Active
- Size
- 8,000 SF
- Property subtype
- Commercial
Listing agency
Jim Maloof Realty, Inc.
(309) 253-0163
Listed by
Chuck Cook · License #475182044
(309) 253-0163
Source
Shawneehillsrealestate
Added: Jul 14 Updated: Jul 21 at 7:58PM Checked: Jul 21 at 7:58PM
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 Jim Maloof Realty, Inc.
Investment Insights
Based on property information with market context.
This for-sale restaurant building includes a commercial kitchen and a large interior footprint suitable for conversion into many uses. The boiler system is not working, and there is some water damage in the basement attributed to a water line break. The property also has some asbestos in it, and the sale is AS-IS.
The building is located on a high-traffic intersection in the middle of Lacon. The seller reserves the bell in the front lawn, along with sound equipment and the oven in the kitchen.
Prospective buyers should plan for repairs and due diligence related to the existing mechanical issues, water damage, and asbestos presence. The property offers a substantial starting point for redevelopment or adaptive reuse based on the buyer’s intended concept.
The building is located on a high-traffic intersection in the middle of Lacon. The seller reserves the bell in the front lawn, along with sound equipment and the oven in the kitchen.
Prospective buyers should plan for repairs and due diligence related to the existing mechanical issues, water damage, and asbestos presence. The property offers a substantial starting point for redevelopment or adaptive reuse based on the buyer’s intended concept.
Key Highlights
- 8,000+ SF building on a high‑traffic intersection in the middle of Lacon
- Boiler system is not working
- Some water damage in the basement due to a water line break
Property Analytics
Location Intelligence
Current Use by Public Records
Lacon-Sparland United Methodist ...
Church
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FAQs
What type of property is this?
Commercial kitchen - Large restaurant building on a high-traffic intersection, sold as-is with a non-working boiler and basement water damage.
Where is this commercial kitchen located?
The property is located at 107 N Prairie Street Lacon, IL.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 8,000+ SF building on a high‑traffic intersection in the middle of Lacon; Boiler system is not working; Some water damage in the basement due to a water line break
