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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    309 Vine St, Taylorville, IL 62568-1833

    0.2 ac lot
    Individually Owned 1-yr Hold Free & Clear
    Property ID
    US28-4167736
    Property summary
    AI-generated overview

    This turnkey restaurant and bar in downtown Taylorville, Illinois, presents a unique investment opportunity. Priced at $325,000, the property boasts a prime location at 309 E Vine Street, within easy reach of the city center. The expansive outdoor space features a covered bar and seating area, a large recreation area perfect for events like cornhole tournaments, a covered stage ideal for live music or fundraising events, meticulously landscaped areas with ample seating, and convenient food truck hookups. Inside, the establishment includes a spacious bar area, booths, tables, and chairs, along with multiple game tables such as a pool table, shuffle bowling, and arcade games. Two ADA-accessible restrooms are conveniently located near the main dining area. The commercial kitchen is designed for efficiency and profitability, equipped with high-end appliances including stone hearth ovens capable of cooking six 18-inch pizzas simultaneously, a ventless fryer, and a heated dough press. The property is zoned Industrial 1 and is ready for immediate operation. This versatile space is suitable for various uses, including community events, reunions, weddings, and live music performances. The extensive equipment list, while not fully detailed here, ensures a smooth transition for a new owner. This is an exceptional opportunity to acquire an established and profitable business in a vibrant downtown setting. The property's address is 309 E Vine Street, Taylorville, IL 62568.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.2 ac (8,500 SF)
    Zoning code I-1
    APN 17-13-27-211-001-00
    UPID US28-4167736
    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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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Rd Petrolea Foundation · 1 yrs held
    Rd Petrolea Foundation
    since 2025
    Last sale
    $85,000
    2 recorded transactions
    2025
    2019
    $85,000
    Zoning & alternative use
    I-1 · Taylorville, IL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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