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501 Sarpy St 4,800 SF Retail Building Morrisonville, IL 62546 $522,214 CAD ($108.79 CAD/SF)



Executive Summary
Welcome to a unique historic commercial opportunity in the heart of Morrisonville! This two-story building offers a versatile setup with a fully operational bar and entertainment space on the main level, paired with a spacious residential apartment above. The mail level features a well-established bar area with indoor and outdoor gaming opportunities, creating the perfect atmosphere for entertaining patrons year-round. This property is also the home of Illinois' longest shuffle board table at a whopping 24 ft. Then step outside to enjoy the expansive beer garden, offering additional seating and entertainment space for gatherings, events, and community activities. The second story provides a fully functional apartment with 3bedrooms, along with one full bathroom and laundry room. This additional living space offers flexibility for an owner-operator, rental income opportunity, or additional guest accommodations
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,800 SF
Building Class
C
Year Built
1864
Price
$522,214 CAD
Price Per SF
$108.79 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.34
Lot Size
0.32 AC
Somewhat walkable
20/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $42,812 CAD | |
| Land Assessment | $6,449 CAD | Total Assessment | $49,261 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$6,449 CAD
Improvements Assessment
$42,812 CAD
Total Assessment
$49,261 CAD
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501 Sarpy St
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