326 US Highway 51New
Pana, IL 62557 · MLS #6261512
The Rosebud Cafe is a longtime staple and recognizable local business in the Pana, Illinois community. This active restaurant sits on 5 acres at the prominent corner of Routes 16 and 51, offering excellent visibility, ample parking, and plenty of potential for its next owner. The restaurant has been nicely updated and can accommodate over 100 guests. The property also includes 12 apartments and one home on the east side of the property, all currently rented, generating a combined rental income of $8,400 per month, or $100,800 annually. With the current owner retiring, this is an opportunity to own an established local business with additional rental income and room for future possibilities.
Features
Property Details
- Price
- $425,000
- MLS #
- 6261512
- Status
- Active
- Type
- CommercialSale
- Subtype
- Business
- Listed Date
- Oct 26, 2026
- Lot Size
- 217,800 sqft / 5.00 acres
- Year Built
- 1950
- County
- Christian
- Zoning
- COM
- Parcel Number
- 11-25-24-100-001-00
Interior
- Above Grade Finished Area
- 0
- Appliances
- Gas Water Heater
- Cooling
- Central Air
- Heating
- Forced Air, Gas
- Interior Features
- Home Office
- Levels
- One
Exterior
- Stories
- 1
- Sewer
- Public Sewer
- Water Source
- Public
Payment estimate
Estimate for planning only — actual payment depends on your loan. Talk to your lender.
Financial
- Tax Year
- 2025
- Taxes
- $10,914
Market Summary
Current real estate data for CommercialSale in Pana as of Oct 26, 2026, from all participating CIBR offices.
Location
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Listed by Carol & Company · (217) 562-5800. Want to see this property? Call Grissom Schmitz Realty at 217-562-7078.
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