504 E Jackson StreetPana, IL 62557

Description

One of Central Illinois’ most recognizable landmarks—and an exceptional business opportunity—is now available to own! Famous for its soaring roadside signage and iconic “Hobo” statue, this historic former ice house was thoughtfully restored in 2020 and transformed into the popular Whiskey Bill’s Saloon & Liquor Emporium, celebrating five successful years. Inside, dramatic two-story vaulted ceilings, original exposed brick walls, and a spacious bar and restaurant create an atmosphere that simply can’t be replicated. A 2021 addition expanded the property with a full commercial kitchen and dedicated gaming room, providing the infrastructure for a modern restaurant and bar operation. Outdoor amenities include a second full-service bar, covered seating for 30+, entertainment area and stage hosting live music, local artists, private parties and special events. Ample parking supports both daily business and larger gatherings. Currently operating as an established restaurant, bar and entertainment venue, this turnkey offering combines historic character, modern improvements, a recognizable identity and proven destination appeal in a premier downtown location. Continue the Whiskey Bill’s tradition or bring your own concept to life—opportunities like this rarely come along!

Property Information

Property type

Commercial Sale

Building area

5,526 Sq Ft

Lot size

0.91 acres

Zoning

006

Days on market

27

MLS^® Listing#

CA1046338

Property Features

Cooling

Central Air

Heating

Forced Air · Natural Gas

Flooring

Concrete

Lot features

Irregular Lot

Construction

Wood Siding · Brick · Frame

Roof

Metal

Utilities

Water Connected

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

Yes

Annual taxes

$6,430Tax year 2025

Parcel number

11-25-15-320-004-00

Directions

GPS Friendly