Building Details

Year Built 2001

Buildings 1

Listing Agency: WILEY REALTY GROUP i***@gmail.com Show Phone

Listed By: Colton Durre · License #475194712

Source: Bktchicago

Added: Jul 21 Changed: Aug 29 Last Checked: Aug 30 at 7:54PM

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Investment Insights

Based on property information with market context.

This restaurant building at 850 Chestnut St. in Louisville, Illinois includes a dining area that seats over 80 guests and an outdoor deck for seasonal service. The interior offers natural light, warm finishes, and a layout suited to both larger parties and smaller gatherings.

The commercial kitchen is equipped with prep stations, a grill, hood system, refrigeration, soda fountain, and beer taps. Dedicated parking supports customer access. Recent property improvements include a new roof, new flooring, an outdoor dining deck, and a mini-split HVAC unit. The building previously operated as a Mexican restaurant.

Key Highlights

• Dining area seats over 80 guests
• Commercial kitchen with prep stations, grill, hood system, and refrigeration
• Soda fountain and beer taps included

Property Analytics

Property Profile

Current Use

Don Pepe Restaurant Smokin' Joe's Department Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Computer & Electronic Repair Building Supply Home Appliance Store Skin Care Clinic Florist

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

Yes

Commercial hood

Location Intelligence

Trade Area within ½ mile

144

Businesses Nearby

14k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 92% Dining 8%

Casey's General Store Shops & Services

8,115 visits/mo 0.3 miles

Dollar General Shops & Services

4,291 visits/mo 0.1 miles

SUBWAY Dining

1,226 visits/mo 0.3 miles

Napa Auto Parts Shops & Services

633 visits/mo 0.3 miles

Napa Auto Parts Shops & Services

222 visits/mo 0.1 miles

Demographics for 62858, IL

2,962

Population

1,424

Households

2.1

Avg Household Size

45

Median Age

16%

College-Educated

84%

High-School Grad

151.7 sq mi

ZIP Area

20

Density / Sq Mi

$62,480

Median Household Income

$38,712

Median Earnings

$665

Median Rent

$106,800

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Equipped commercial kitchen with dining, beverage service, and seasonal outdoor seating in Louisville.

Where is this conventional restaurant located?

The property is located at 850 Chestnut St Louisville, IL.

What is the asking price?

The asking price for this property is $115,000.

What are key features of this property?

This property features: Dining area seats over 80 guests; Commercial kitchen with prep stations, grill, hood system, and refrigeration; Soda fountain and beer taps included