Current Use by Public Records
- Commercial real estate
Property Details for 14931 Hwy 37 Hwy
- Year built
- 1999
- Lot size
- 10.00 lot acres
- Property type
- Commercial real estate
Description
This turnkey winery, established in 1999, boasts 7,930 square feet on a 10-acre lot in Whittington, IL. The property includes 35 acres of Highway 37 frontage, with only 3 acres currently utilized for the winery's operations, leaving ample room for expansion. The winery produces 18-20 award-winning wines and enjoys a strong wholesale business throughout the state. The current owners host various events, including murder mystery dinners, a yearly Cajun festival, blues and barbecue festivals, sip and paint parties, and food truck events, attracting significant crowds. The property's location is highly advantageous, situated near Rend Lake, known for its recreational opportunities, and conveniently located off Interstate 57, exit 77. The sale includes all necessary equipment and inventory to continue operations immediately. Seven acres of undeveloped land offer significant potential for additional buildings, cabins, or other revenue-generating ventures. The current owners are willing to assist with a transition period, the specifics of which are negotiable. This presents a unique opportunity for growth and expansion in a desirable location. The asking price is $3,250,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Whittington
- County
- Franklin
- State
- Illinois
- Longitude
- -88.9176
- Latitude
- 38.0906
