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Two-Story Restaurant With Event Venue
For Sale
$739,000

140 E Main Street, Dwight, IL 60420

Business Opportunity, Dwight, IL

Property Size10,000 SF
Lot Size0.16 Acres
Price / SF$73.90
Days on Market396

Property Features for 140 E Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions I55 exit 220 MM, south on Rt 47, east on Rt 17, at railroad tracks turn left to E Main St and businesses left
Subdivision Dwight
Standard status Active
APN 050920600800
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 11616

Utilities

Cooling system Central Air

Amenities

handicap-accessible restrooms

Building Details

Floors in Building 2
Building materials Brick, Stone
Listing Agency: Sancken Sole Realty
Listed By: Jennifer Johnson · License #475158955
Added: Jul 21, 2025 Changed: Aug 19 Last Checked: Aug 20 at 4:06PM
MLS# 12422852

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.

Investment Insights

Based on property information with market context.

Station 343 is a two-story restaurant and event property offering 10,000 square feet in a brick-and-stone building. The first-floor dining room seats up to 140 patrons and includes original wood floors, exposed brick, decorative glass dividers, and a full-service bar. A second-floor event area with its own bar accommodates up to 200 guests. The property also includes a fully equipped commercial kitchen with substantial preparation areas and accessible restrooms.

The building is located at 140 E Main Street in downtown Dwight and carries COMMR zoning. Access to Interstate I55, Rt 47, Rt 17, Historic Rt 66, and Amtrak places the restaurant within reach of multiple regional markets. The site encompasses 0.1618 acres and has central air. The operating restaurant business is offered for sale with the existing improvements and equipment in place.

Key Highlights

  • 10,000‑square‑foot, two‑story restaurant and event property
  • Main dining room seats up to 140 patrons
  • Second‑floor event venue and bar accommodates up to 200 guests

Property Analytics

Current Use

Dr. Killion Carson ... Pediatrician Station 343 Restaurant

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Hair Salon Nail Salon Grocery & Convenience 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

Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

329
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60420, IL

4,701
Population
2,002
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
93%
High-School Grad
96.7 sq mi
ZIP Area
49
Density / Sq Mi
$68,184
Median Household Income
$38,973
Median Earnings
$984
Median Rent
$161,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey hospitality property with a full-service bar, commercial kitchen, and flexible dining and event accommodations.
Where is this conventional restaurant located?
The property is located at 140 E Main Street Dwight, IL.
What is the asking price?
The asking price for this property is $739,000.
What are key features of this property?
This property features: 10,000‑square‑foot, two‑story restaurant and event property; Main dining room seats up to 140 patrons; Second‑floor event venue and bar accommodates up to 200 guests
More about this property
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