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Listed price in listed location currency (USD).
$1,299,000

0050

MLS® 25067539

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $3,463
Days Active 66
Approx. Age 2010
MLS® Number 25067539

Property Address: 14223 Route 111, Chesterfield, IL, 62630-3623

Average square foot calculated using Size range provided by listing agent.

Description

Hey dreamers and doers alike! If you’ve been waiting for the perfect chance to escape city life and launch your next venture in a charming small town, this is it. Welcome to Wild Pickins’ Banquet Hall, a unique mixed-use property with truly endless opportunities. Think on this: turnkey event space, restaurant, brewery, gaming center, campground, or all of the above. If you can dream it, this property can deliver. With highway frontage and strong visibility, you’re positioned to attract both local residents and regional visitors. Located in Chesterfield, Illinois, this property combines small-town charm with convenient access to the St. Louis metro area. Chesterfield sits within Madison County and offers an accessible location for weddings, banquets, and corporate retreats. Offered at $1, 299, 000, the sale includes the business, building, over nine acres of land, and a fully equipped commercial kitchen featuring gas ranges, pizza oven, fryers, grill, and walk-in coolers, everything you need to open your doors immediately. Property Highlights: Over 9 acres with vineyards, lake views, gazebos, and ample parking Indoor and outdoor seating, large bar, bandstand/dance floor, and sound system, fully equipped kitchen plus wood-fired pizza oven Highway frontage and destination appeal Financial Highlights (per seller materials): Three-year average gross revenue: approximately $646, 000 Net Operating Income: approximately $171, 000 under a three-day operating schedule in 2024 Projected NOI: approximately $192, 000 with a wedding/banquet-focused plan Estimated cap rate: 12–14%, depending on operating model This is a prime opportunity for an experienced operator, a portfolio expansion, or a strategic 1031 exchange. Whether you’re envisioning a branded venue, a multi-use hospitality destination, or a lifestyle business with multiple profit centers, Wild Pickins’ offers the platform to make it happen.
MLS® Number25067539
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2010
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building, Business, Crops

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 3, 2025List Date
$1,299,000List Price
  • Commute

Commute

Starting Address
Destination Address
14223 Route 111, Chesterfield, IL

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