Property profile

309 Vine St Taylorville, IL 62568

OFF-MARKET
Commercial real estate
Property ID
US28-4167736
0.2 ac lot
Individually Owned 1-yr Hold Free & Clear
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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

Location

309 Vine St Taylorville, IL 62568-1833
Taylorville metro Census 958400 TAYLORVILLE, IL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$75k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$80k

Owner & transaction history

since 2025
Last sale
$85,000
2 recorded transactions
2025
Price N/A
2019
$85,000

Zoning & alternative use

I-1 · Taylorville, IL
Zoning description

A. I-1 District: The purpose of the I-1 light industrial district is to provide for commercial uses, storage and those manufacturing uses not normally creating a nuisance discernible beyond its property.

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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