Restaurant and Gaming
New
For Sale
$125,000
111 E State St, Irving, IL 62051
Restaurant with gaming space, apartment-style area, and multiple storefronts.
Property Size2,300 SF
Lot Size0.34 Acres
Price / SF$54.35
Days on Market2
Property Features for 111 E State St
General Information
Standard status
Active
Size
2,300 SF
Lot size
0.34 Acres
Additional Details
Business Included
Yes
Road Access
Yes
Seating Capacity
51
Building Details
Year Built
1900
Abandoned
No
Listing Agency:
MCR Realty Professionals, Inc
Listed By:
Brandi Lentz · License #471003219
(217) 440-4663
Source:
Nations-network
Added: Sep 13
Last Checked: Sep 13 at 3:09PM
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 MCR Realty Professionals, Inc
Investment Insights
Based on property information with market context.
This restaurant property combines an established food-service operation with gaming space and an apartment-style area under one roof. The approximately 2,300-square-foot layout spans three storefronts and includes a 51-seat dining area, a central gaming room, plus a south-side area with a bedroom and bathroom. The sale includes the real estate and operating restaurant and gaming business across six parcels totaling approximately 0.34 acres, along with grassy areas on both sides of the buildings.
Located at 111 E State St in downtown Irving, the property fronts Illinois Route 16 and sits next to the Irving Post Office and Irving Grocery Store, with Bank & Trust across the route. The building dates to 1900. Current operating hours run Tuesday through Sunday during morning and afternoon periods, with additional evening service on Wednesday through Sunday. Buyer verification applies to measurements, permitted uses, licenses, and the transferability of gaming and other approvals.
Located at 111 E State St in downtown Irving, the property fronts Illinois Route 16 and sits next to the Irving Post Office and Irving Grocery Store, with Bank & Trust across the route. The building dates to 1900. Current operating hours run Tuesday through Sunday during morning and afternoon periods, with additional evening service on Wednesday through Sunday. Buyer verification applies to measurements, permitted uses, licenses, and the transferability of gaming and other approvals.
Key Highlights
- Six parcels totaling approximately 0.34 acres
- Approximately 2,300 square feet across 3 storefronts
- 51‑seat restaurant with separate gaming area
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
40
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 62051, IL
848
Population
310
Households
2.7
Avg Household Size
48
Median Age
18%
College-Educated
91%
High-School Grad
39.3 sq mi
ZIP Area
22
Density / Sq Mi
$51,875
Median Household Income
$31,324
Median Earnings
$478
Median Rent
$99,600
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant with gaming space, apartment-style area, and multiple storefronts.
Where is this conventional restaurant located?
The property is located at 111 E State St Irving, IL.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Six parcels totaling approximately 0.34 acres; Approximately 2,300 square feet across 3 storefronts; 51‑seat restaurant with separate gaming area
