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Mixed-Use Event Venue

1329 WALNUT Street, Murphysboro, IL 62966

For Sale
$650,000

Commercial Sale, Murphysboro, IL

Property SizeContact for details
Lot Size0.18 Acres
Days on Market387

Property Features for 1329 WALNUT Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning COMMR
Directions Corner of W Walnut street
Subdivision Murphysboro
Standard status Active
APN 1404377004
Lot size 0.18 Acres

Tenancy & Operations

Currently Operating Yes
Business Included Yes

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 10742

Utilities

Cooling system Central Air

Amenities

Lounge
Gaming machines
Full bar
Ballroom
renovated Great Hall
kitchens
lobbies
elevator

Building Details

Year built 1916
Floors in Building 4
Flooring type Wood, Concrete, Tile
Building materials Brick
Listing Agency: RE/MAX REALTY CENTRAL · RE/MAX International
Listed By: Robert Davenport · License IL #471019751
Added: Oct 21, 2025 Changed: Nov 10 Last Checked: Nov 11 at 12:06AM
MLS# EB460197

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Built in 1916, this brick mixed-use property in downtown Murphysboro is used as an event center and includes gaming machines and a full bar. Interior spaces include a lounge, ballroom, kitchens, lobbies, and a renovated great hall, with elevator service. The venue can accommodate gatherings of up to 500 guests.

The property occupies 0.1818 acres at 1329 Walnut Street and carries COMMR zoning. Wood, concrete, and tile flooring and central air are among its building features.

Key Highlights

  • Event capacity for gatherings of up to 500
  • Ballroom, lounge, kitchens, lobbies, and renovated great hall
  • Gaming machines and full bar

Property Analytics

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Current Use

Mixed-use properties

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 - A downtown Murphysboro property combines event facilities, gaming machines, and a full bar within a brick building.
Where is this mixed-use property located?
The property is located at 1329 WALNUT Street 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: Event capacity for gatherings of up to 500; Ballroom, lounge, kitchens, lobbies, and renovated great hall; Gaming machines and full bar
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