$324,900
206 Spruce Street
Gillespie, Gillespie, Illinois, 62033
MLS® 26049725 · Listed by Century 21 Reid Baugher Realty
About this property
Looking for an opportunity to own your own business? This versatile commercial property is packed with potential and offers multiple revenue streams all under one roof. The upper level features a beautifully updated restaurant with a modern, inviting atmosphere, a fully equipped kitchen, a bar area, and all furnishings and equipment included—making it ready for your vision from day one. The middle level offers a spacious event venue that's perfect for birthday parties, bridal and baby showers, reunions, meetings, and other private gatherings, creating an excellent additional source of income. Downstairs, you'll find a one-of-a-kind bar and lounge area with ample seating, a large walk-in cooler, and generous storage space. Restrooms are conveniently located on both the upper and lower levels. Whether you're dreaming of opening a restaurant, hosting events, operating a bar, or creating a combination of all three, this unique property offers endless possibilities. Bring your ideas and turn this incredible space into your next successful business venture!
Comparable recent sales
Sold records the MLS® data provider selected as comparable to this home — nearby recent sales at a similar price, bed count, and property type. Locations are shown at the neighborhood level only.
$318,000
Listed at $318,000
Not in a subdivision, Carlinville, Illinois
0 bd · 4600.00 sqft · Commercial Sale
$350,000
Listed at $425,000
Not in a subdivision, Jerseyville, Illinois
0 bd · 7420.00 sqft · Commercial Sale
$330,000
Listed at $385,000
Miller Properties, St Louis, Missouri
0 bd · Commercial Sale
$310,000
Listed at $350,000
none, New London, Missouri
0 bd · Commercial Sale
MLS® data for this listing last updated Aug 3, 2026.