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$495,000 Active

202 S Broad Street, Hillsboro, IL, 62049

0 ba
Subdivision: Hillsboro
Incredible opportunity to own a unique commercial property offering an impressive combination of character, functionality, and entertainment space! The spacious main banquet hall features soaring cathedral ceilings, beautiful stained glass windows, hardwood flooring, and dual entryways, creating a stunning setting for weddings, receptions, private events, and special occasions. A large bar area includes stainless steel equipment, a four compartment sink, beer coolers, and ice chest. The commercial kitchen comes equipped with three fryers, a flat top griddle, gas grill, six burner gas stove, refrigerated prep table, stainless steel sinks, built in shelving, and a large double door refrigerator. The lower level offers even more possibilities with a second kitchen, walk in cooler with a new condenser, additional cooking equipment, freezers, and a nearly completed bar area with men's and women's restrooms. Outside, a spacious stamped concrete patio features an elevated concrete stage, outdoor bar with epoxy countertops, coolers, stainless steel sink, and additional restrooms, making it ideal for outdoor entertainment and events. Recent improvements include a new roof in 2019, dual gas water heaters in 2023, and the outdoor bar area that was completed in May 2024. With multiple entertaining areas, extensive kitchen facilities, and both indoor and outdoor event spaces, this one of a kind property is ready for its next chapter!

Status: Active · MLS# 26068122 · Listing Courtesy of Tarrant and Harman Real Estate and Auction Co

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Facts and features

List Price

$ 495,000

Status

Active

Days on market

0

MLS#

26068122

Bedrooms

0

Full baths

0

Subdivision

Hillsboro

County

Montgomery

Property Type

Commercial Sale

Type

Commercial Sale

Additional Information

Property Tax (2024)

$4,438

Recent Nearby Sales in 62049

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
507 Walnut Street, Hillsboro, IL 62049 3/2 1,134 $139,000 $147,340
106% of ask
Nov 4, 2026
300 S Oak Street, Hillsboro, IL 62049 4/2 1,195 $65,000 $40,000
61.5% of ask
Nov 4, 2026
1110 School Street, Hillsboro, IL 62049 0/0 -- $230,000 $175,000
76.1% of ask
Oct 29, 2026
720 Chase Street, Hillsboro, IL 62049 3/2 1,585 $159,000 $155,000
97.5% of ask
Oct 28, 2026
1131 Rountree Street, Hillsboro, IL 62049 0/0 -- $25,000 $23,000
92% of ask
Oct 28, 2026
620 W Kinkead Road, Hillsboro, IL 62049 2/1 1,406 $231,900 $231,900
100% of ask
Oct 26, 2026

Price & Listing History

Listed for sale at $495,000
Oct 26, 2026
Current status: Active
As of Oct 26, 2026 · $495,000

Every time this home was on the market

Prior listings, expired and canceled listings, days on market, price changes and sold prices from MARIS MLS records.

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Most MLS-recorded sales near this home

Most closed sales in the last 12 months around this address, listing side and buyer side, plus this listing agent's record.

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