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Listing provided courtesy of Coldwell Banker R.E. Group-DanvMREDas Distributed by MLSGrid- MLS# 12624342MLS Provider

1603 N Main StreetGeorgetown, IL 61846

Commercial · 2,284 Sq. ft.
$75,000 Active

1603 N Main Street Overview

Time on Site:
71 days
Visits:
0

Positioned along a high-visibility stretch of Main Street, this versatile commercial property is ready for your next business venture. Previously configured for a drive-thru and small dine-in restaurant, the layout offers both functionality and flexibility for a variety of food service concepts. The kitchen comes fully equipped with essential commercial-grade fixtures, including a refrigerator, 6-burner gas range, prep station, 3-bay sink, and walk-in cooler-providing a strong foundation for efficient operations. Recent mechanical updates add peace of mind, with a new HVAC system installed in 2024 and a water heater replaced in 2026. Inside, the building features two separate seating areas, allowing for creative dining arrangements or the ability to host multiple service styles. Restroom facilities include a private employee bathroom in the back, along with separate men's and women's customer restrooms. Outside, a fenced rear area offers the perfect setup for an outdoor smoker or grill, expanding your service potential. The property also includes parking for approximately 10 vehicles and a functional drive-thru, making it convenient for both dine-in and takeout customers.

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1603 N Main Street Facts & Features

  • Type Commercial
  • Sq. ft. 2,284
  • Price/Sq.ft. $33

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Existing Lease Type: N/A
  • Fuel Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1985

Location/Region

  • County Or Parish: Vermilion
  • MLS Area Major: Balance of Vermillion County
  • Township: Georgetown

Tax Information

  • Tax Annual Amount: $946.00
  • Tax Year: 2024

General Information

  • Parcel Number: 28293010230000
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: OTHER

Interior

Building Interior

  • Building Area Total: 2284

General Information

  • Cooling: None
  • Electric: Service - 101 to 200 Amps
  • Fireplaces Total: 0
  • Flooring: Carpet, Vinyl, Wood, Other
  • Stories: 1

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: State Road
  • Lot Size Dimensions: 100x135
  • Lot Size Square Feet: 16274

Building Exterior/Construction

  • Construction Materials: Vinyl Siding
  • Roof: Composition

General Information

  • Number Of Units Total: 1
  • Utilities: Electric to Site,Natural Gas Available,Sewer Connected,Water Available

1603 N Main Street Neighborhood

Community

61846 (GEORGETOWN) Demographics

43
Median Age
114
Population Density (per sq. mile)
24%
College Educated
$49,759
Estimated Median Income
1,632
Estimated Total Home Owners
547
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1603 N Main Street Monthly Cost

$
$ %
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$
$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1603 N Main Street Market Data

Based on the last 30 days in this zip code

$90,000
Average List Price
$66
Average Price per Square Foot
0
Properties Sold
74
Average Days on Market
1
Properties for Sale
Calculations provided by Reliance Network

1603 N Main Street History

Date Event Value Agent
4/25/2026Source: MRED Status Change
Active
4/20/2026Source: MRED Added to Database
April 20, 2026