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

    501 Sarpy Street, Morrisonville, IL 62546

    $375,000
    0.80 AC lot
    Two‑story brick mixed‑use building at 501 Sarpy Street, Morrisonville, IL 62546
    Commercial bar and entertainment space with indoor and outdoor gaming areas
    Outdoor beer garden with seating and event space
    24‑foot shuffleboard table
    Three‑bedroom upstairs apartment with one full bathroom and laundry room
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    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.

    Bowling Alley with Bar and Grill
    Bowling Alley with Bar and Grill

    100 W Front Street, Nokomis, IL 62075

    $380,000
    0.69 AC lot

    Eight bowling lanes with AMF pinspotters and automatic scoring, plus an equipped bar and grill and an apartment upstairs.

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    Turnkey Restaurant and Pub
    Turnkey Restaurant and Pub

    104 W Taylorville Road, Taylorville, IL 62568

    $315,000
    3,719 sqft

    Turnkey restaurant and pub includes dining room, full bar, commercial kitchen, outdoor patio, and ample parking.

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    Restaurant & Pub with Outdoor Patio
    Restaurant & Pub with Outdoor Patio

    104 W Taylorville Road, Taylorville, IL 62568

    $315,000

    C-1 zoned, turn-key restaurant and pub with an outdoor patio/beer garden and dining, bar, and kitchen spaces.

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    8-Lane Bowling Alley with Restaurant
    8-Lane Bowling Alley with Restaurant

    100 W Front Street, Nokomis, IL 62075

    $380,000

    Bar and food-service operation includes an equipped commercial kitchen.

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    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.

    Prime Commercial Land I-55 Access
    Prime Commercial Land I-55 Access

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

    $550,000
    1.63 AC lot

    1.63 acre commercial land near I-55 in Springfield, IL.

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    Commercial Development Parcel
    Commercial Development Parcel

    Lincolnshire Boulevard lot: 11, Springfield, IL 62704

    $3,401,164
    4.88 AC lot

    Parcel within Legacy Pointe’s sports, hospitality, restaurant, and retail development in Springfield.

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    Commercial Development Parcel
    Commercial Development Parcel

    Lincolnshire Boulevard lot: 17, Springfield, IL 62704

    $975,744
    1.40 AC lot

    Commercial land within the Legacy Pointe development, with planned access to sports, hospitality, dining, and retail amenities.

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    Commercial Land Parcel
    Commercial Land Parcel

    4351 Conestoga Drive, Springfield, IL 62707

    $440,000

    2.46-acre commercial lot with professionally marked corners and frontage visibility from Veterans Parkway.

    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 $375,000 — 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%

    Taxes & Financing

    Average Loan-to-Value 65.0%

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