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14223 IL 111 Route
Chesterfield IL 62630 US

$1,299,000

Active Listing ID 25067539
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Lot: 9.00 Acres
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Business

$1,299,000

Active Listing ID 25067539
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14223 IL 111 Route Hey dreamers and doers alike! if you’ve been waiting for the perfect chance to escape city life and launch your next venture in a charming small town, this is it. Welcome to Wild Pickins’ Banquet Hall, a unique mixed-use property with truly endless opportunities. Think on this: turnkey event space, restaurant, brewery, gaming center, campground, or all of the above. If you can dream it, this property can deliver. With highway frontage and strong visibility, you’re positioned to attract both local residents and regional visitors. Located in Chesterfield, Illinois, this property combines small-town charm with convenient access to the St. Louis metro area. Chesterfield sits within Madison County and offers an accessible location for weddings, banquets, and corporate retreats. Offered at $1, 299, 000, the sale includes the business, building, over nine acres of land, and a fully equipped commercial kitchen featuring gas ranges, pizza oven, fryers, grill, and walk-in coolers, everything you need to open your doors immediately. Property Highlights: Over 9 acres with vineyards, lake views, gazebos, and ample parking Indoor and outdoor seating, large bar, bandstand/dance floor, and sound system, fully equipped kitchen plus wood-fired pizza oven Highway frontage and destination appeal Financial Highlights (per seller materials): Three-year average gross revenue: approximately $646, 000 Net Operating Income: approximately $171, 000 under a three-day operating schedule in 2024 Projected NOI: approximately $192, 000 with a wedding/banquet-focused plan Estimated cap rate: 12–14%, depending on operating model This is a prime opportunity for an experienced operator, a portfolio expansion, or a strategic 1031 exchange. Whether you’re envisioning a branded venue, a multi-use hospitality destination, or a lifestyle business with multiple profit centers, Wild Pickins’ offers the platform to make it happen.

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Property Features

  • Facts
  • Lot Size: 9.00 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Business
  • Features
  • Cooling System: Central Air, Electric
  • Floor Covering: Concrete
  • Heating Fuels: Forced Air, Propane (Heating)
  • Additional Features
  • Waterfront

Property

  • propertytype: Commercial Sale
  • propertysubtype: Business
  • listprice: 1299000
  • unparsedaddress: 14223 IL 111 Route
  • postalcity: Chesterfield
  • stateorprovince: IL
  • country: US
  • postalcode: 62630
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 9
  • lotsizeunits: Acres
  • lotsizearea: 9
  • livingarea: 7140
  • livingareaunits: Square Feet
  • latitude: 39.20759809
  • longitude: -90.09791334
  • listagentfullname: Lance Merrick
  • listagentemail: lance@lmerrickgroup.com
  • listagentkey: 3yd-MARISMO-LMERRICK
  • listagentmlsid: LMERRICK
  • listagentpreferredphone: 7274887177
  • listagentofficephone: 6182810200
  • listofficekey: 3yd-MARISMO-KWPN01
  • listagentstatelicense: 2018005173
  • listofficemlsid: KWPN01
  • disclaimer: Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MARISMO
  • yearbuilt: 2010
  • listagenturl: http://www.kwpinnacleil.com
  • countyorparish: Macoupin
  • parcelnumber: 23-000-266-02
  • appliances: Barbeque or Grill, Dishwasher, Ice Maker, Oven - Gas, Range, Range - Gas, Washer
  • cooling: Central Air, Electric
  • constructionmaterials: Metal Siding
  • flooring: Concrete
  • heating: Forced Air, Propane (Heating)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 50
  • waterfrontyn: True
  • franchiseaffiliation: Keller Williams Realty
  • waterfrontfeatures: Lake, Lake Front, Lake Privileges, Waterfront
  • architecturalstyle: Other
  • securityfeatures: Fire Alarm, Smoke Detector(s)
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -90.097916, 39.2076
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Pinnacle", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"lance@lmerrickgroup.com", "ListBrokerageCity":"O'Fallon", "ListBrokerageCountry":"US", "ListBrokerageEmail":"klrw1152@kw.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Keller Williams Pinnacle", "ListBrokeragePhone":"(618) 226-6447", "ListBrokeragePostalCode":"62269", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":"1B", "ListBrokerageUnparsedAddress":"1003 E Wesley DR Suite C", "ListBrokerageWebsiteUrl":"http://www.kwpinnacleil.com", "ListOfficeAddress1":"705 N. Main", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"ROWSA", "ListOfficeCity":"Columbia", "ListOfficeCountry":"US", "ListOfficeEmail":"kwpdirector@gmail.com", "ListOfficePostalCode":"62236", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Business - Chesterfield, IL", "ListingURL":"https://listings.listhub.net/pages/MARISMO/25067539/?channel=rexren", "MLSModificationTimestamp":"2025-10-04T01:32:39Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Business", "RawPropertyType":"Commercial Sale", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3463, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/23/2025 7:33:56 PM GMT
Source Updated Date: 12/5/2025 6:42:08 PM GMT

Courtesy of: Lance Merrick, Keller Williams Pinnacle, lance@lmerrickgroup.com

Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.