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326 US Highway 51 Pana, IL 62557
5 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6261512
Year Built 1950
Annual Tax Amount $10,914
Tax Year 2025
Lot Size 5.000 Acres
Acres 5.0
Property Sub-Type Business
Property Description
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 11 apartments and one home on the east side of the property, all currently rented, generating a combined rental income of $7,750 per month, or $93,000 annually. *Restaurant is still operating normal business hours.
Location
State IL
County Christian
Zoning COM
Direction Corner of US Hwy 51 and Rt 16
Interior
Interior Features Home Office
Heating Forced Air, Gas
Cooling Central Air
Appliance Gas Water Heater
Exterior
Total Parking Spaces 30
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Others
Tax ID 11-25-24-100-001-00
Special Listing Condition None
Listed by Carol & Company