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Restaurant and Bar Building
For Sale
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207 Chapin Street, Ivesdale, IL 61851

On a double lot, the building includes a large dining room, kitchen, and 30-foot bar setup with walk-in cooler.

Property SizeContact for details
Days on Market123

Property Features for 207 Chapin Street

General Information

Standard status Active
Property subtype Retail, Office
Listing Agency: Keller Williams -TREC-MONT
Listed By: Robin Lampert · License #IL 475128656
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 9:37PM

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 Keller Williams -TREC-MONT

Investment Insights

Based on property information with market context.

This for-sale restaurant and bar building features a large open dining room, kitchen, and two restrooms, along with storage areas throughout. The property includes an oak 30-foot bar and additional bar back components, plus an Ansul fire suppression system. A 22-by-8 walk-in cooler and miscellaneous equipment are also included with the sale.

The building sits on a double lot, providing extra parking space. A portion of the building is not currently being used, which may be suitable for expansion with additional build-out.

With the existing kitchen and bar infrastructure conveyed, the property can be used for restaurant or bar operations, or repurposed for other commercial needs. The sale includes the listed equipment and systems, offering a turn-ready foundation for a new owner or business operator.

Key Highlights

  • Building for sale on a double lot with a large dining room and kitchen plus two restrooms
  • Includes an oak 30’ bar and a 20’ x 9’ bar back, both remaining intact
  • Restaurant/bar equipment conveyed, including an ANSUL fire suppression system and a 22’ x 8’ walk‑in cooler

Property Analytics

Current Use

Bridget's Blarney Stone Bar & Pub

Suggested Use

Top Pick Storage Facility Butcher Restaurant Bar & Pub

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

24
Businesses Nearby
Well-served
Demand for This Use

Demographics for 61851, IL

425
Population
191
Households
2.2
Avg Household Size
44
Median Age
33%
College-Educated
94%
High-School Grad
34.0 sq mi
ZIP Area
13
Density / Sq Mi
$58,981
Median Household Income
$50,833
Median Earnings
$950
Median Rent
$136,600
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Similar Off Market Nearby

  • Bridget's Blarney Stone 207 Chapin St, Ivesdale, IL 61851
  • Ivesdale Tavern Inc 203 Chapin St, Ivesdale, IL 61851
  • Rookie's North End Tavern 203 Chapin St, Ivesdale, IL 61851

Frequently Asked Questions

What type of property is this?
Bar & Pub - On a double lot, the building includes a large dining room, kitchen, and 30-foot bar setup with walk-in cooler.
Where is this bar & pub located?
The property is located at 207 Chapin Street Ivesdale, IL.
What are key features of this property?
This property features: Building for sale on a double lot with a large dining room and kitchen plus two restrooms; Includes an oak 30’ bar and a 20’ x 9’ bar back, both remaining intact; Restaurant/bar equipment conveyed, including an ANSUL fire suppression system and a 22’ x 8’ walk‑in cooler
More about this property
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