Banquet Hall and Catering
For Sale
$134,900
209 W Oak Street, Watseka, IL 60970
Banquet hall and catering service with licensed kitchen for sale.
Property SizeContact for details
Days on Market542
Property Features for 209 W Oak Street
General Information
Standard status
Active
Property subtype
Commercial/Industrial
Building Details
Year Built
1951
Listing Agency:
Berkshire Hathaway HomeServices Speckman Realty
(815) 405-1072
Listed By:
Amanda Armer-Irps · License #475133313
(815) 405-1072
Source:
Exitrealty
Added: Feb 10, 2025
Changed: Jul 10
Last Checked: Aug 6 at 4:29AM
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 Berkshire Hathaway HomeServices Speckman Realty
Investment Insights
Based on property information with market context.
This property offers an opportunity to own a banquet hall and catering service. The facility includes a bar and a dance floor, with a spacious 49x80 hall accommodating up to 330 guests. The state-inspected and licensed kitchen enables catering services for various events such as auctions, festivals, golf outings, and business events. The sale includes all necessary equipment to begin operations immediately. The property can be utilized by cooks and bakers who require a licensed kitchen for rent, and external caterers can be accommodated for events. A smaller 12x20 meeting room is available for smaller gatherings or potential conversion into a retail space for baked goods, featuring a separate entrance. The building has undergone significant updates and investments, including improvements to heating and cooling systems, surround sound, carpeting, and bathrooms.
Key Highlights
- Fully equipped and licensed banquet hall and catering service ready for immediate operation.
- Spacious 49x80 hall with a maximum capacity of 330 guests, featuring a bar and dance floor.
- State‑inspected and licensed kitchen allows for on‑site and off‑site catering opportunities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
463
Businesses Nearby
42k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 62%
Dining 34%
Hotels & Casinos 4%
McDonald's
Dining
14,053 visits/mo
0.2 miles
Casey's
Shops & Services
12,884 visits/mo
0.3 miles
Dollar General
Shops & Services
4,548 visits/mo
0.2 miles
Phillips 66
Shops & Services
3,424 visits/mo
0.4 miles
BP
Shops & Services
2,725 visits/mo
0.3 miles
Demographics for 60970, IL
6,306
Population
3,071
Households
2.1
Avg Household Size
47
Median Age
13%
College-Educated
88%
High-School Grad
127.3 sq mi
ZIP Area
50
Density / Sq Mi
$48,456
Median Household Income
$32,342
Median Earnings
$816
Median Rent
$120,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Wedding venue - Banquet hall and catering service with licensed kitchen for sale.
Where is this wedding venue located?
The property is located at 209 W Oak Street Watseka, IL.
What is the asking price?
The asking price for this property is $134,900.
What are key features of this property?
This property features: Fully equipped and licensed banquet hall and catering service ready for immediate operation.; Spacious 49x80 hall with a maximum capacity of 330 guests, featuring a bar and dance floor.; State‑inspected and licensed kitchen allows for on‑site and off‑site catering opportunities.
