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Restaurant and Bar with Gaming Room
For Sale
$575,000

504 E JACKSON Street, Pana, IL 62557

Commercial Sale, Pana, IL

Property SizeContact for details
Lot Size0.91 Acres
Days on Market19

Property Features for 504 E JACKSON Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning 006
Directions GPS Friendly
Standard status Active
APN 11-25-15-320-004-00
Lot size 0.91 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6430

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air

Amenities

second full-service bar
covered seating
entertainment area
stage
gaming room

Building Details

Floors in Building 1
Flooring type Concrete
Building materials Wood Siding, Brick, Steel Frame
Roof type Metal
Listing Agency: The Real Estate Group, Inc.
Listed By: Andrew Kinney · License #475176529
Added: Sep 8 Changed: Sep 25 Last Checked: Sep 26 at 1:06PM
MLS# CA1046338

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 operating restaurant, bar and entertainment venue occupies a restored former ice house. The 2020 restoration retained two-story vaulted ceilings and exposed brick, while a 2021 addition brought in a full commercial kitchen and a separate gaming room. The property also has an outdoor bar, covered seating for 30 or more, an event area with a stage, and parking. Wood siding, brick and steel frame are among the construction materials; the building has concrete flooring, natural gas forced-air heat, central air, a metal roof and public sewer.

Set on 0.91 acres in Pana, Illinois, the property includes space for indoor dining and bar service as well as outdoor gatherings and live entertainment.

Key Highlights

  • 2020 restoration of a former ice house
  • 2021 addition includes a full commercial kitchen and gaming room
  • Two‑story vaulted ceilings and exposed brick interiors

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Restaurant 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.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

382
Businesses Nearby
Under-served
Demand for This Use

Demographics for 62557, IL

6,841
Population
3,338
Households
2
Avg Household Size
45
Median Age
18%
College-Educated
90%
High-School Grad
116.9 sq mi
ZIP Area
59
Density / Sq Mi
$51,769
Median Household Income
$29,878
Median Earnings
$684
Median Rent
$93,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - A 2021 expansion added a commercial kitchen and dedicated gaming space to the operating restaurant and bar.
Where is this conventional restaurant located?
The property is located at 504 E JACKSON Street Pana, IL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 2020 restoration of a former ice house; 2021 addition includes a full commercial kitchen and gaming room; Two‑story vaulted ceilings and exposed brick interiors
More about this property
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