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Golf Course with Restaurant
For Sale
$760,000

149 Southeast 450 Avenue, Carrollton, IL 62016

The golf property includes a restaurant and bar, along with a separate two-bedroom residence.

Property Size2,800 SF
Lot Size33.00 Acres
Price / SF$271.43
Days on Market233

Property Features for 149 Southeast 450 Avenue

General Information

Standard status Active
Size 2,800 SF
Lot size 33.00 Acres
Property subtype Commercial

Additional Details

Business Included Yes
Seating Capacity 100
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $6,145

Building Details

Year Built 1993
Buildings 4
Listing Agency: Flowers Home Realty
Listed By: Marletta Flowers · License #2006018112
Source: Flowershomerealty
Added: Mar 7 Changed: Oct 26 Last Checked: Oct 26 at 3:38AM

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 Flowers Home Realty

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Investment Insights

Based on property information with market context.

Lone Oak is a 33.0-acre golf property with a 9-hole executive course measuring 2,150 yards from the longest tees and playing to par 32. Its irrigation system was updated in 2025 and can be operated by phone. The site also includes a 2,800-square-foot restaurant and bar with seating for 100, plus a 1,250-square-foot home with two bedrooms and one bathroom.

The restaurant and bar facilities are also rented for private events. The property is east of Carrollton, Illinois, and serves customers from across West Central Illinois. The residence provides additional on-site space, while the course hosts established summer leagues and golf scrambles during the year.

Key Highlights

  • 33.0 acres with a 9‑hole executive course
  • Course measures 2,150 yards from the longest tees and plays to par 32
  • Irrigation system updated in 2025 with phone‑based controls

Property Analytics

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Current Use

Golf courses & driving ...

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

Demographics for 62016, IL

3,690
Population
1,745
Households
2.1
Avg Household Size
43
Median Age
21%
College-Educated
93%
High-School Grad
135.3 sq mi
ZIP Area
27
Density / Sq Mi
$61,155
Median Household Income
$34,000
Median Earnings
$906
Median Rent
$117,100
Median Home Value
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Golf course & driving range - The golf property includes a restaurant and bar, along with a separate two-bedroom residence.
Where is this golf course & driving range located?
The property is located at 149 Southeast 450 Avenue Carrollton, IL.
What is the asking price?
The asking price for this property is $760,000.
What are key features of this property?
This property features: 33.0 acres with a 9‑hole executive course; Course measures 2,150 yards from the longest tees and plays to par 32; Irrigation system updated in 2025 with phone‑based controls
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