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Historic Mixed-Use Event Property
New
For Sale
$650,000

1329 Walnut St, Murphysboro, IL 62966

Historic downtown venue with a ballroom, gaming area, full bar, kitchens, and elevator access.

Property Size14,609 SF
Price / SF$44.49
Days on Market4

Property Features for 1329 Walnut St

General Information

Standard status Active
Size 14,609 SF

Additional Details

Business Included Yes

Amenities

Lounge
Full bar
Ballroom
Great Hall
kitchens
lobbies
elevator

Building Details

Year Built 1916
Listing Agency: RE/MAX REALTY CENTRAL
Listed By: Robert Davenport · License #471019751
Source: Bktchicago
Added: Sep 9 Changed: Sep 10 Last Checked: Sep 11 at 3:17PM

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 RE/MAX REALTY CENTRAL

Investment Insights

Based on property information with market context.

Constructed in 1916, this 14,609-square-foot mixed-use property operates as an event center with gaming facilities. The layout includes a lounge, full bar, ballroom, renovated Great Hall, kitchens, lobbies, and an elevator. Event capacity accommodates gatherings ranging from smaller functions to receptions of up to 500 guests.

Located in downtown Murphysboro at 1329 Walnut St, the building is locally recognized as the Old Elks Building and is among Murphysboro’s designated local landmarks. Its existing configuration supports event and gaming operations, with additional potential for banquet, performance, gallery, cultural, conference, retail, or other mixed-use programming.

Key Highlights

  • 14,609‑square‑foot building constructed in 1916
  • Event capacity for receptions of up to 500 guests
  • Ballroom, renovated Great Hall, lounge, and full bar

Property Analytics

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Current Use

Casinos

Suggested Use

Top Pick Big Box & Wholesale Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center Real Estate Agency

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

497
Businesses Nearby

Demographics for 62966, IL

14,026
Population
7,125
Households
2
Avg Household Size
43
Median Age
23%
College-Educated
90%
High-School Grad
111.0 sq mi
ZIP Area
126
Density / Sq Mi
$54,242
Median Household Income
$32,109
Median Earnings
$681
Median Rent
$117,800
Median Home Value
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic downtown venue with a ballroom, gaming area, full bar, kitchens, and elevator access.
Where is this mixed-use property located?
The property is located at 1329 Walnut St Murphysboro, IL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 14,609‑square‑foot building constructed in 1916; Event capacity for receptions of up to 500 guests; Ballroom, renovated Great Hall, lounge, and full bar
More about this property
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