114 E Main StreetPrice Reduced

Shelbyville, IL 62565 · MLS #6256131

$289,900
Listed 306 days ago
Save
Bathrooms
4
Acres
0.1
Type
CommercialSale
Status
Active

Prime Downtown Restaurant Property with Fully Equipped Kitchen and Income-Producing Apartments! Discover an exceptional opportunity to own a turnkey restaurant in the heart of downtown. This well-maintained property features a spacious, fully equipped commercial kitchen complete with all major appliances and prep stations—ready for a seamless transition to new ownership. The main level welcomes guests with a large, open dining room ideal for high-volume service, along with a private dining room perfectly suited for special occasions, office dinners, meetings, and private parties. A generous bar area offers abundant seating and an inviting atmosphere for patrons to gather and enjoy drinks before or after meals. Upstairs, the property includes two income-producing apartments, both currently rented, providing immediate and reliable additional revenue. Conveniently located in a vibrant downtown area, the property offers street parking directly in front and a parking lot behind the building, making access easy for both dine-in guests and tenants. This versatile property is ideal for restaurateurs, investors, or business owners seeking a ready-to-go establishment with built-in rental income in a thriving location.

Features

Gas Water HeaterOn StreetBusiness ParkCentral AirForced AirGasUnfinishedFull

Property Details

Price
$289,900
MLS #
6256131
Status
Active
Baths
4
Type
CommercialSale
Subtype
Business
Listed Date
Nov 12, 2025
Lot Size
4,300 sqft / 0.10 acres
Year Built
1900
County
Shelby
Zoning
COM
Parcel Number
2013-07-20-408-004

Interior

Above Grade Finished Area
0
Full Bathrooms
4
Appliances
Gas Water Heater
Basement
Unfinished, Full
Cooling
Central Air
Heating
Forced Air, Gas
Levels
Two

Exterior

Construction Materials
Brick
Foundation
Basement
Parking Features
On Street
Roof
Rubber
Stories
2
Lot Features
Business Park
Sewer
Public Sewer
Water Source
Public

Payment estimate

Estimated monthly
$1,755/mo
$1,543 principal & interest$212 taxes

Estimate for planning only — actual payment depends on your loan. Talk to your lender.

Financial

Tax Year
2025
Taxes
$2,546

Market Summary

Current real estate data for CommercialSale in Shelbyville as of Sep 14, 2026, from all participating CIBR offices.

CommercialSale Listed
5
Avg Days on Market
184
Avg List Price
$203,920

Location

See this listing

Ask a question or request a tour of 114 E Main Street. We'll get right back to you.

Listed by Glenda Sphar Realty · (217) 774-4044. Want to see this property? Call Grissom Schmitz Realty at 217-562-7078.

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Disclaimer: All data relating to real estate for sale on this site comes from the Broker Reciprocity (BR) of the Central Illinois Board of Realtors. Detailed information about real estate listings held by brokerage firms other than Grissom Schmitz Realty include the name of the listing broker. Neither the listing company nor Grissom Schmitz Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. All properties are subject to prior sale, changes, or withdrawal.

Copyright 2026 Central Illinois Board of Realtors. All rights reserved. This site was last updated 9/14/2026, 3:23:03 PM (Central Time).