326 US Highway 51
Pana, IL, 62557
$425,000
Beds
0 Baths
0 SqFt
5 Acres
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MLS #6261512 image #0
The Rosebud Cafe is a longtime staple and recognizable local business in the Pana, Illinois community. This active restaurant sits on 5 acres at the prominent corner of Routes 16 and 51, offering excellent visibility, ample parking, and plenty of potential for its next owner. The restaurant has been nicely updated and can accommodate over 100 guests. The property also includes 11 apartments and one home on the east side of the property, all currently rented, generating a combined rental income of $7,750 per month, or $93,000 annually. *Restaurant is still operating normal business hours.

Property Details

Price:
$425,000
MLS #:
6261512
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Business
Listed Date:
Oct 26, 2026
Lot Size:
217,800 sqft / 5.00 acres (approx)
Year Built:
1950

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Schools

Interior

Appliances
Gas Water Heater
Cooling
Central Air
Heating
Forced Air, Gas
Interior Features
Home Office
Levels
One

Exterior

Parking Spots
30
Parking Total
30
Stories
1

Financial

Tax Year
2025
Taxes
$10,914

Map

Community

Market Summary

Current real estate data for Commercial in Pana as of Nov 03, 2026
4
Commercial Listed
212
Avg DOM
$326,225
Avg List Price

Property Summary

    326 US Highway 51 Pana IL is a Commercial for sale in Pana, IL, 62557. It is listed for $425,000 To schedule a showing of MLS#6261512 at 326 US Highway 51 in Pana, IL, contact your Phil Dressen Realtors agent at (217) 254-9223.

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