Building Details

Building Size 3,530 SF

Year Built 1984

Buildings 4

Listing Agency: Property Peddler, Inc a***@propertypeddler.com Show Phone

Listed By: Amber Skinner · License #RASI Show Phone

Source: Exit2newbeginningz

Added: Jan 20 Changed: Aug 16 Last Checked: Aug 19 at 3:23PM

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Investment Insights

Based on property information with market context.

This former restaurant property combines a lodge-style setting with a substantial food-service buildout. The improvements include a walk-in freezer, two walk-in coolers, an Ansul fire suppression system, salad bar prep table, two 5-steam-burner tables, metal prep tables, a fryer, 6-burner commercial stove, Turbo Air freezer, three-door commercial refrigerator, and two three-tub sinks. Plumbing has been updated, and a new deck adds to the usable improvements.

The property encompasses 2.04 acres at 1162 School Street in Percy, Illinois, near Pyramid State Park and 20 minutes from the World Shooting & Recreational Complex. Three sheds provide additional storage. The building has been identified for potential restaurant reactivation, lodge or retreat use, short-term rental use, a private residence, or an entertaining venue, with these options presented as separate concepts.

Key Highlights

• 2.04‑acre property at 1162 School Street, Percy, IL 62272
• Restaurant improvements include one walk‑in freezer and two walk‑in coolers
• Food‑service equipment includes a 6‑burner commercial stove and fryer

Property Analytics

Property Profile

Current Use

Conventional restaurants

Suggested Use

Top Pick Plumbing Service Carpet & Flooring Store Tanning Salon Hair Salon Pet Store Wine and Liquor Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 62272, IL

1,472

Population

815

Households

1.8

Avg Household Size

44

Median Age

7%

College-Educated

83%

High-School Grad

32.2 sq mi

ZIP Area

46

Density / Sq Mi

$49,954

Median Household Income

$28,988

Median Earnings

$716

Median Rent

$104,200

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Former restaurant facility with extensive food-service equipment, updated plumbing, a new deck, and separate storage sheds.

Where is this conventional restaurant located?

The property is located at 1162 School Street Percy, IL.

What is the asking price?

The asking price for this property is $275,000.

What are key features of this property?

This property features: 2.04‑acre property at 1162 School Street, Percy, IL 62272; Restaurant improvements include one walk‑in freezer and two walk‑in coolers; Food‑service equipment includes a 6‑burner commercial stove and fryer