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Freestanding Conventional Restaurant
For Sale
$350,000

201 E CHESTNUT Street, Mason City, IL 62644

COMMERCIAL - Mason City, IL

Property SizeContact for details
Lot Size0.60 Acres
Days on Market120

Property Features for 201 E CHESTNUT Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Parking 20
Directions Corner of Tonica and E Chestnut
Standard status Active
APN 20-08-146-001
Lot size 0.60 Acres

Taxes and HOA fees

Tax Year 2022
Tax Description IRR TRCTS COR TONICA & CHESTNUT ST PT SW1/4 NW1/4 189
Tax Annual Amount 6406
Legal Description IRR TRCTS COR TONICA & CHESTNUT ST PT SW1/4 NW1/4 189

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 2013
Floors in Building 1
Flooring type Tile
Building materials Brick, Vinyl Siding, Steel Frame
Roof type Composition
Listing Agency: The Real Estate Group, Inc.
Listed By: Kathy Tega · License #475143839
Added: Apr 24 Changed: Aug 4 Last Checked: Aug 21 at 2:06AM
MLS# CA1043241

Copyright © 2026 RMLS Alliance. 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.

This freestanding conventional restaurant property includes a building constructed in 2013 and occupied by a Subway restaurant. Existing restaurant infrastructure supports continued use in its current format. The improvements feature brick, vinyl siding, and steel-frame construction, with tile flooring, forced-air heating, central air, a composition roof, and public sewer service.

The property encompasses 0.6024 acres at 201 E Chestnut Street in Mason City, Illinois. Commercial zoning and the established restaurant configuration provide a clear basis for continued restaurant operations.

Key Highlights

  • Freestanding conventional restaurant building occupied by a Subway restaurant
  • 0.6024‑acre property at 201 E Chestnut Street, Mason City, IL 62644
  • Constructed in 2013

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Building Supply Spa & Massage Center Law Firm Dental Office Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

145
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 69% Dining 15% Groceries 15%
Casey's General Store Shops & Services
5,741 visits/mo 0.1 miles
Dollar General Shops & Services
3,888 visits/mo 0.1 miles
SUBWAY Dining
2,149 visits/mo 0.1 miles
IGA OF MASON CITY Groceries
2,106 visits/mo 0.2 miles

Demographics for 62644, IL

4,690
Population
2,438
Households
1.9
Avg Household Size
47
Median Age
20%
College-Educated
92%
High-School Grad
96.6 sq mi
ZIP Area
49
Density / Sq Mi
$57,076
Median Household Income
$35,324
Median Earnings
$730
Median Rent
$104,700
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Freestanding restaurant property with an existing quick-service operation and commercial zoning.
Where is this conventional restaurant located?
The property is located at 201 E CHESTNUT Street Mason City, IL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Freestanding conventional restaurant building occupied by a Subway restaurant; 0.6024‑acre property at 201 E Chestnut Street, Mason City, IL 62644; Constructed in 2013
More about this property
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