66 Photos

$324,900

206 Spruce Street

Gillespie, Gillespie, Illinois, 62033

MLS® 26049725 · Listed by Century 21 Reid Baugher Realty

0 bedroomsCommercial Sale0 days on marketLot 17598.24$2,879 taxes (2025)Forced Air · Central Air

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!

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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.

SoldMay 5, 2026

$318,000

Listed at $318,000

Not in a subdivision, Carlinville, Illinois

0 bd · 4600.00 sqft · Commercial Sale

SoldJul 6, 2026

$350,000

Listed at $425,000

Not in a subdivision, Jerseyville, Illinois

0 bd · 7420.00 sqft · Commercial Sale

SoldMay 10, 2026

$330,000

Listed at $385,000

Miller Properties, St Louis, Missouri

0 bd · Commercial Sale

SoldJul 24, 2026

$310,000

Listed at $350,000

none, New London, Missouri

0 bd · Commercial Sale

MLS® data for this listing last updated Aug 3, 2026.

Market snapshot

The Gillespie, Gillespie market

Closed sales in Gillespie, Gillespie over the last 12 months.

$146,040

Median sold price

38

Avg. days on market

1

Homes sold