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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

14931 Hwy 37 Hwy Whittington, IL 62897

7,930 SF 10 ac lot Built 1999
Property ID
Property summary
AI-generated 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
Verified
Property type Retail properties & Spaces
Year built 1999
Total area 7,930 SF
Lot 10 ac (435,600 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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