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American Legion Hall and Bar Building
For Sale
Contact for pricing

102 N Main St, Troy, IL 62294

Separate entrances serve office and bar/hall areas, each separately metered for utilities.

Property Size6,120 SF
Days on Market140

Property Features for 102 N Main St

General Information

Standard status Active
Size 6,120 SF
Property subtype Retail
Lease Type NNN

Additional Details

Highway Access Yes
Listing Agency: Coldwell Banker Brown Realtors
Listed By: Rick Lauschke · License #IL
Source: Crexi
Added: Apr 11 Changed: Aug 14 Last Checked: Jul 21 at 6:12PM

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 Coldwell Banker Brown Realtors

Investment Insights

Based on property information with market context.

Well known as the American Legion Hall, this For Sale property includes approximately 6,120 SF with two entrances and two distinct operating areas. The building is configured with an office entrance and a hall/bar entrance, and the south (office) and north (hall) portions are separately metered for utilities. The hall side includes a large open area, bar, kitchen, and men’s and women’s restrooms, while the office side includes men’s and women’s restrooms and office-related space.

Currently, the south end is partially leased to a medical professional, while the north end is used by the public for bingo, pool, dart leagues, receptions and party events, and meetings. The property has forced air conditioning and radiant heat on both ends, supported by separate boilers.

Options for continued use and any changes would need discussion with the City of Troy and/or Madison County. The lease is described as a triple net lease unless otherwise agreed upon.

Key Highlights

  • Approx. 6,120 SF American Legion Hall building with separate entrances for office and bar/hall areas
  • South end partially leased to a medical professional (office use) while the north end is used for public hall events
  • Office area (approx. 2,700 SF) and hall area (approx. 3,500 SF) have separate men’s/women’s restrooms

Property Analytics

Current Use

Southern Illinois Tattoo Tattoo & Piercing Shop Lux Vitae Wellness Gym & Fitness Center

Suggested Use

Top Pick Law Firm Pharmacy Parking Lot & Garage Grocery & Convenience Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) 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.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

271
Businesses Nearby
Balanced
Demand for This Use

Demographics for 62294, IL

15,431
Population
6,138
Households
2.5
Avg Household Size
39
Median Age
47%
College-Educated
98%
High-School Grad
29.5 sq mi
ZIP Area
523
Density / Sq Mi
$108,418
Median Household Income
$57,002
Median Earnings
$1,069
Median Rent
$255,700
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Similar Off Market Nearby

  • Top Pay Gaming 1 516 Edwardsville Rd Unit D, Troy, IL 62294
  • Wine for the Win 300 Jarvis Ct #4, Troy, IL 62294
  • Hunter’s Pub 4 Foxboro Ct, Troy, IL 62294

Frequently Asked Questions

What type of property is this?
Bar & Pub - Separate entrances serve office and bar/hall areas, each separately metered for utilities.
Where is this bar & pub located?
The property is located at 102 N Main St Troy, IL.
What are key features of this property?
This property features: Approx. 6,120 SF American Legion Hall building with separate entrances for office and bar/hall areas; South end partially leased to a medical professional (office use) while the north end is used for public hall events; Office area (approx. 2,700 SF) and hall area (approx. 3,500 SF) have separate men’s/women’s restrooms
(618) 444-9182 Call to check price and availability
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