About This Home

This 0-bedroom, 0-bathroom commercial at 501 Sarpy Street in Morrisonville, IL is listed for $365,000. on a 0.80 acres lot.

Key Features

  • 0.80 acre lot
  • 2 stories

Property Details

2 stories
Listing Description

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 3 bedrooms, 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.

Monthly Cost Estimate

$1,952/mo

20% down · 6.5% · 30 years

Principal$264
Interest$1,582
Insurance$106

Estimates only. Actual payments may vary.

Location

501 Sarpy Street

Morrisonville, IL 62546

Property Details

Flooring

Tile

Construction

Brick

Heating

Steam

Cooling

Multi Units

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 501 Sarpy Street is listed at $365,000. The estimated monthly payment is $1,952 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.80 acre lot, 2 stories.

This property is listed by Karsen Wagahoff.

KW

Karsen Wagahoff

Agent at Keller Williams Capital

Listed by Keller Williams Capital · Broker phone: (217) 553-4368 · Broker website

MLS# CA1045650· Source: RMLS Alliance· 84 days on PropertySimple

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

501 Sarpy Street, Morrisonville, IL 62546

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