850 CHESTNUT ST, Louisville, IL 62858
See all 31 photos
850 CHESTNUT ST, Louisville, IL 62858
850 CHESTNUT ST, Louisville, IL 62858
850 CHESTNUT ST, Louisville, IL 62858
850 CHESTNUT ST, Louisville, IL 62858
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Samuel Stella

Samuel Stella

+1(224) 426-4652
$ 115,000
Est. payment /mo
Save
Active

850 CHESTNUT ST Louisville, IL 62858

1,301 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 1,301 sqft

Price per Sqft $88

MLS Listing ID EB459814

Year Built 2001

Annual Tax Amount $1,699

Tax Year 2025

Lot Size 0.390 Acres

Lot Dimensions 135x126

Property Sub-Type Retail/Stores

Property Description

Ready to finally pursue your passion and work for your self?! This well-maintained 2,300+ sq. ft. commercial property in Louisville, Illinois offers a turnkey opportunity for your next restaurant or business venture. Formerly operating as a successful Mexican restaurant, the building is designed for efficiency and comfort, with a spacious dining area that seats over 80 guests and an inviting outdoor deck complete with string lights that create the perfect atmosphere for seasonal dining. The interior features warm finishes, plenty of natural light, and a layout that easily accommodates both large groups and smaller gatherings. The fully equipped kitchen includes prep stations, grill, hood system, refrigeration, and beverage service with soda fountain and beer taps. There is dedicated parking spaces ensure easy access. Recent upgrades include a brand new roof, outdoor dining deck, new flooring, and a mini-split HVAC unit, making this a move-in ready space with major improvements already in place. Situated on a visible lot with excellent traffic exposure, this location is ideal for a family restaurant, cafe, diner, or specialty eatery. The property has been kept clean and functional, offering a seamless transition for a new owner. With its turnkey setup, prime location, and strong potential to serve the local community, this restaurant building represents a fantastic value. Offered at $115,000, this opportunity at 850 Chestnut St. in Louisville, IL is ready for its next chapter.

Location

State IL

County Clay

Area Louisville

Zoning comme

Interior

Cooling Central Air

Flooring Other

Fireplace N

Building

Dwelling Type Retail/Stores

Water Municipal Water

Structure Type Frame,Vinyl Siding

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Colton Durre of  WILEY REALTY GROUP 

NEARBY SCHOOLS & PROPERTIES

Samuel Stella

Samuel Stella

Designated Managing Broker / Owner License ID: 471.021016

+1(224) 426-4652

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Stellar Results Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

850 CHESTNUT ST

QUICK SEARCH
There are 33 quick searches