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Freestanding Subway Restaurant Building
For Sale
$350,000

201 E CHESTNUT Street, Mason City, IL 62644

Commercial Sale, Mason City, IL

Property SizeContact for details
Lot Size0.60 Acres
Days on Market142

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: Sep 2 Last Checked: Sep 12 at 3:06AM
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 restaurant building at 201 E Chestnut Street in Mason City is leased and operated as a Subway restaurant. The property includes a 0.6024-acre site and was constructed in 2013, with brick, vinyl siding, and steel frame construction. Tile flooring, forced-air heating, central air, and a composition roof serve the building.

The property is located in Mason City, Illinois, within ZIP Code 62644. Public sewer serves the site, and the commercial zoning supports its current restaurant use. The existing building configuration and restaurant infrastructure provide continuity for the current operation.

Key Highlights

  • Freestanding building leased and operated as a Subway restaurant
  • 0.6024‑acre commercial site in Mason City, IL
  • 2013 construction with brick, vinyl siding, and steel frame materials

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Commercial-zoned restaurant property with an existing operating restaurant configuration.
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 building leased and operated as a Subway restaurant; 0.6024‑acre commercial site in Mason City, IL; 2013 construction with brick, vinyl siding, and steel frame materials
More about this property
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