Search
Historic Drive-In Theater
For Sale
$750,000

91 Palmyra Road, Sterling, IL 61081

Business Opportunity, Sterling, IL

Property SizeContact for details
Lot Size15.58 Acres
Days on Market9

Property Features for 91 Palmyra Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions From IL RT. 2 go North on Mound Hill and left on Palmyra
Subdivision Sterling
Standard status Active
APN 16070620000700
Lot size 15.58 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3557

Utilities

Utilities Natural Gas Available
Sewer type Septic Tank
Cooling system Central Air
Water source Well

Building Details

Floors in Building 1
Listing Agency: RE/MAX Sauk Valley
Listed By: Myles Kukowski · License #475201312
Added: Sep 17 Last Checked: Sep 25 at 4:06PM
MLS# 12762196

Copyright © 2026 Midwest Real Estate Data, LLC. 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 15.58-acre theater property includes a single-screen drive-in operation with a 90-foot movie screen and parking for approximately 500 vehicles. Improvements include a retro spaceship-style ticket booth, a 1950s-style concession stand and diner, digital projection equipment, and infrastructure supporting movie presentations and special events. The concession area includes movie and diner offerings, while the venue has hosted first-run films and double features.

Located at 91 Palmyra Road in Sterling, Illinois, the property is zoned COMMR. Site utilities include natural gas availability, a well water source, and a septic tank system. Central air is also present. The property and business have operated as an entertainment venue since 1950, with equipment and included assets available as part of the offering.

Key Highlights

  • 15.58‑acre drive‑in theater property at 91 Palmyra Road, Sterling, IL 61081
  • 90‑foot movie screen with single‑screen outdoor theater format
  • Parking capacity for approximately 500 vehicles

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Midway Drive-In Cinema

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Kitchen & Bath Showroom Computer & Electronic Repair Tech Support Center

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

10
Businesses Nearby

Demographics for 61081, IL

21,064
Population
9,753
Households
2.2
Avg Household Size
43
Median Age
20%
College-Educated
91%
High-School Grad
124.4 sq mi
ZIP Area
169
Density / Sq Mi
$60,854
Median Household Income
$40,497
Median Earnings
$791
Median Rent
$121,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Theater & concert hall - Single-screen outdoor venue with digital projection, concession facilities, and infrastructure for ongoing movie operations.
Where is this theater & concert hall located?
The property is located at 91 Palmyra Road Sterling, IL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 15.58‑acre drive‑in theater property at 91 Palmyra Road, Sterling, IL 61081; 90‑foot movie screen with single‑screen outdoor theater format; Parking capacity for approximately 500 vehicles
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message