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Wedding Venue with Outdoor Stage
New
For Sale
$495,000

202 S Broad Street, Hillsboro, IL 62049

Commercial Sale, Hillsboro, IL

Property SizeContact for details
Lot Size0.33 Acres
Days on Market2

Property Features for 202 S Broad Street

General Information

Property type Commercial Sale
Property subtype Other
Accessibility Accessible Approach with Ramp
Subdivision Hillsboro
Standard status Active
APN 16-02-492-010
Lot size 0.33 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 4438

Utilities

Cooling system Central Air
Water source Public

Amenities

cathedral ceilings
stained glass windows
hardwood flooring
dual entryways
large bar area
commercial kitchen
second kitchen
walk-in cooler
stamped concrete patio
elevated concrete stage
outdoor bar
restrooms

Building Details

Year built 1890
Floors in Building 1
Flooring type Wood
Building materials Brick
Listing Agency: Tarrant and Harman Real Estate and Auction Co
Listed By: Travis Tarrant
Added: Oct 26 Changed: Oct 27 Last Checked: Oct 27 at 8:06AM
MLS# 26068122

Copyright © 2026 Mid America Regional Information Systems, Inc. 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.

This brick wedding venue occupies 0.3333 acres and includes a main banquet hall with cathedral ceilings, stained glass, wood flooring, and two entryways. Food and beverage facilities include a commercial kitchen with fryers, a flat-top griddle, gas range, grill, refrigerated prep table, and double-door refrigerator. The lower level adds a second kitchen, walk-in cooler, freezers, and a bar area with men’s and women’s restrooms.

Outdoor event space centers on a stamped-concrete patio with a raised stage, bar, and additional restrooms. The outdoor bar was completed in May 2024. A new roof was installed in 2019, and dual gas water heaters were added in 2023. The building dates to 1890 and has central air, public water, and a ramp-accessible approach.

Key Highlights

  • Main banquet hall features cathedral ceilings, stained glass, wood flooring, and two entryways
  • Commercial kitchen includes fryers, griddle, gas grill, six‑burner stove, prep table, and double‑door refrigerator
  • Lower level has a second kitchen, walk‑in cooler with a new condenser, freezers, and bar area

Property Analytics

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Current Use

The Abbey on Broad Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Plumbing Service Auto Repair Shop Skin Care Clinic HVAC Service

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

381
Businesses Nearby

Demographics for 62049, IL

7,952
Population
2,970
Households
2.7
Avg Household Size
42
Median Age
14%
College-Educated
87%
High-School Grad
82.1 sq mi
ZIP Area
97
Density / Sq Mi
$54,767
Median Household Income
$36,264
Median Earnings
$817
Median Rent
$106,600
Median Home Value
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Frequently Asked Questions

What type of property is this?
Wedding venue - Indoor and exterior gathering areas are supported by multiple kitchens, bars, and event-service equipment.
Where is this wedding venue located?
The property is located at 202 S Broad Street Hillsboro, IL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Main banquet hall features cathedral ceilings, stained glass, wood flooring, and two entryways; Commercial kitchen includes fryers, griddle, gas grill, six‑burner stove, prep table, and double‑door refrigerator; Lower level has a second kitchen, walk‑in cooler with a new condenser, freezers, and bar area
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