Two-Story Restaurant and
New
For Sale
$575,000
504 E JACKSON Street, Pana, IL 62557
Commercial Sale, Pana, IL
Property SizeContact for details
Days on Market2
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
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6430
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
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
Brick, Steel Frame, Wood Siding
Roof type
Metal
Listing Agency:
The Real Estate Group, Inc.
(217) 787-7000
Listed By:
Andrew Kinney · License #475176529
(217) 891-2490
Added: Sep 8
Last Checked: Sep 9 at 1:06AM
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 and bar occupies a former ice house that was restored in 2020. The interior combines two-story vaulted ceilings, exposed brick, a substantial bar, and restaurant space. A 2021 expansion added a full commercial kitchen and a separate gaming room, while brick, steel frame, and wood siding define the building’s construction. Concrete flooring, forced-air and natural-gas heating, central air, a metal roof, and public sewer service are also in place.
Outdoor facilities include a second full-service bar, covered seating for more than 30 people, an entertainment area, and a stage used for live music, local artists, private parties, and special events. The property includes ample parking and roadside signage, along with the Hobo statue associated with the site. Located at 504 E Jackson Street in Pana, Illinois, the venue has operated as Whiskey Bill’s Saloon & Liquor Emporium for five years.
Outdoor facilities include a second full-service bar, covered seating for more than 30 people, an entertainment area, and a stage used for live music, local artists, private parties, and special events. The property includes ample parking and roadside signage, along with the Hobo statue associated with the site. Located at 504 E Jackson Street in Pana, Illinois, the venue has operated as Whiskey Bill’s Saloon & Liquor Emporium for five years.
Key Highlights
- Former ice house restored in 2020
- 2021 addition with full commercial kitchen and dedicated gaming room
- Two‑story vaulted interior with exposed brick walls
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
382
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Former ice house with commercial kitchen, gaming room, outdoor service areas, and event space in downtown Pana.
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: Former ice house restored in 2020; 2021 addition with full commercial kitchen and dedicated gaming room; Two‑story vaulted interior with exposed brick walls
