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14931 Hwy 37 Hwy Whittington, IL 62897

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For Sale
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Established Winery, Southern Illinois. High NOI.

Property size:
7,930 SF

Property Features for 14931 Hwy 37 Hwy

General Information

Property type
Retail properties & Spaces
Square Feet
7,930 SF
Lot Size
435,600 SF

Building Details

Year Built
1999
Buildings
2

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Listing Contact
Brett Videon
Brett Videon

Listing Agency: RE/MAX INTEGRITY Listing Agent: Brett Videon

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional turnkey winery opportunity in Whittington, Illinois, presents a rare chance to acquire a profitable, established business with significant growth potential. Located on 10 acres at 14931 Highway 37, this property boasts two buildings totaling 7,930 square feet, built in 1999 and operating under a commercial zoning permit. Currently generating a Net Operating Income (NOI) of $250,000, representing a 6% cap rate, this owner-user investment offers a strong return on investment. The winery, known for its award-winning wines, has been successfully operating for 25 years, enjoying 100% occupancy. The existing infrastructure includes a production facility, tasting room, and event space, hosting various events such as murder mystery dinners, festivals, and sip-and-paint parties. Approximately 7 acres of undeveloped land offer significant expansion opportunities, including the potential for additional buildings, cabins, or expanded event venues. The property benefits from a prime location near Interstate 57, providing excellent highway visibility and accessibility. The existing wholesale business has room for significant growth, particularly in untapped markets like Chicago. The current owners are willing to assist with a negotiated transition period. This is a remarkable opportunity to acquire a thriving business with a strong reputation and substantial upside potential.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Whittington
County
Franklin
State
Illinois
Longitude
-88.9096928
Latitude
38.0788724

FAQs

What type of property is this?
Retail property - Established Winery, Southern Illinois. High NOI.
Where is this retail property located?
The property is located at 14931 Hwy 37 Hwy Whittington, IL.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Established business with 25-year history and award-winning wines.; ;
(618) 499-2520 Call to check price and availability
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