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122 W Main Street

Elmwood, IL 61529
  • $195,000
  • STATUS: Active
  • ON SITE: 25 Days
  • ID#: PA1265029
UPDATED: 59 min ago
$195,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Elmwood Theater presents a opportunity for buyers seeking an entertainment venue with strong community roots. This well-known local theater benefits from repeat customer traffic, brand recognition, and a loyal customer base, providing a solid operational foundation from day one. The business offers multiple revenue streams, including ticket sales, concessions, private rentals, and special event programming. Its efficient layout and manageable size allow for streamlined operations while still supporting growth through expanded showings, themed events, and partnerships with local organizations. Located in a convenient and accessible area with consistent visibility and and both on street parking availability and city owned parking lot, Elmwood Theater serves as a central entertainment hub within the community The property is well-suited for an owner-operator or investor. With increasing demand for local, experience-driven entertainment, Elmwood Theater offers significant potential.

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© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2026-04-18T18:44:51.04.
www.brysonsmithteam.com/homes/174360433
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122 W Main Street Elmwood, IL 61529

  • Price: $195,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 59 min ago
  • ID#: PA1265029
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Paar Area
County:
Peoria
Area:
Paar Area
Property Description
Elmwood Theater presents a opportunity for buyers seeking an entertainment venue with strong community roots. This well-known local theater benefits from repeat customer traffic, brand recognition, and a loyal customer base, providing a solid operational foundation from day one. The business offers multiple revenue streams, including ticket sales, concessions, private rentals, and special event programming. Its efficient layout and manageable size allow for streamlined operations while still supporting growth through expanded showings, themed events, and partnerships with local organizations. Located in a convenient and accessible area with consistent visibility and and both on street parking availability and city owned parking lot, Elmwood Theater serves as a central entertainment hub within the community The property is well-suited for an owner-operator or investor. With increasing demand for local, experience-driven entertainment, Elmwood Theater offers significant potential.
Exterior Features

Construction Materials BrickBlockFrame Roof Membrane

Interior Features

Building Area Total 4000 Building Features OtherWireless Internet Cooling Central Air Flooring CarpetWood Heating Forced AirNatural Gas

Property Features

Agent Owned No Financing Cash OnlyConventional Frontage Type City StreetCorner LotInside LotPaved 2Lane Levels Two Owner Pays InsuranceOtherTrash CollectionGasElectricityHeatWaterManagement Possible Use RetailOther Sewer Public Sewer Tax Annual Amount 2728.02 Tax Incentive1 TIF District Tax Legal Description SE 1/4 SEC 7-9-5E COMG NW COR LOT 2: TH E 50' S 80' W 50' N 80' TO POB PT LOTS 2-3 BLK R Tax Year 2024 Type Commercial Utilities Water Available Water Source City Water/ConnectedMunicipal/City Zoning Commercial

Listing provided courtesy of Eileen Huber of Jim Maloof Realty, Inc.: .
© 2026 RMLS Alliance, LLC. All Rights Reserved.


© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2026-04-18T18:44:51.04.
 
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Bryson Smith Team | Keller Williams Premier Realty
4700 North Prospect Road
Peoria IL, 61616