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    Taylorville, IL Farmersville, IL Kincaid, IL Nokomis, IL Pawnee, IL Divernon, IL Hillsboro, IL Litchfield, IL
    Two-Story Mixed-Use Bar Property
    Updated: Aug 6
    Two-Story Mixed-Use Bar Property

    501 Sarpy Street, Morrisonville, IL 62546

    $365,000
    0.80 AC lot
    Two‑story brick mixed‑use property at 501 Sarpy Street, Morrisonville, IL 62546
    Operating bar and entertainment space with indoor and outdoor gaming areas
    24‑foot shuffleboard table
    Outdoor beer garden with additional seating and event space
    Three‑bedroom upstairs apartment with one full bathroom and laundry room
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Morrisonville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Corner Retail Building with Kitchen
    Corner Retail Building with Kitchen

    701 W ADAMS Street, Taylorville, IL 62568

    $199,000
    0.46 AC lot

    Commercial retail building with flexible open space, private offices, customer parking, and a commercial kitchen.

    View details
    Taco Bell NNN Investment
    Taco Bell NNN Investment

    1201 W Weir St, Litchfield, IL

    Contact for pricing
    2,671 sqft 0.57 AC lot

    NNN leased Taco Bell in Litchfield, IL for sale.

    View details
    Bar and Pub with Full Kitchen
    Bar and Pub with Full Kitchen

    104 W Taylorville Road, Taylorville, IL 62568

    $315,000

    Food-and-beverage venue with dining, banquet, gaming, patio, and commercial kitchen areas.

    View details
    Mixed-Use Property with Restaurant
    Mixed-Use Property with Restaurant

    121 E Union Ave, Litchfield, IL 62056

    $242,000

    Two downtown buildings combine an operating restaurant, commercial kitchen, dining space, bar area, and occupied apartments.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with Service Station
    Commercial Land with Service Station

    6000 S 6th Street Frontage Road, Springfield, IL 62702

    $550,000
    1.63 AC lot

    B-1-zoned land includes an existing gas and service-station structure with an NFR certificate.

    View details
    Commercial Land Development Parcel
    Commercial Land Development Parcel

    Lincolnshire Boulevard lot: 11, Springfield, IL 62704

    $3,401,164
    4.88 AC lot

    Development parcel positioned within the Legacy Pointe commercial project, near sports, hospitality, dining, and retail components.

    View details
    Commercial Land Development Lot
    Commercial Land Development Lot

    Lincolnshire Boulevard lot: 17, Springfield, IL 62704

    $975,744
    1.40 AC lot

    Commercial parcel within a development featuring sports facilities, hotels, restaurants, and a retail center.

    View details
    Commercial Land with Parkway Frontage
    Commercial Land with Parkway Frontage

    4351 Conestoga Drive, Springfield, IL 62707

    $440,000
    2.46 AC lot

    B-1-zoned parcel with water available and nearby retail, restaurant, and hotel uses.

    View details

    Morrisonville, IL Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Morrisonville, IL on our real estate platform.

    Sale prices for restaurant properties in Morrisonville, IL average $365,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 1

    Demographics Overview

    Population 1,394
    Population Growth (5Y) -14.2%
    Median Household Income $88,462
    College Educated 21.8%

    High-Yield Neighborhoods for Investment

    Identify Morrisonville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    62546 $375K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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