111 W Adams St 6,912 SF 100% Leased Retail Building Pittsfield, IL 62363 $450,000 ($65.10/SF)

Established in 1933, this family-owned and operated downtown Pittsfield property offers a rare opportunity to acquire a long-standing bar and entertainment venue with significant square footage, structural updates and future-use potential. Located at 111, 113, and 115 W Adams Street, the property spans approximately 6,912 square feet across multiple connected buildings, creating a functional footprint well-suited for continued bar operations, event use, possible restaurant services or adaptive redevelopment. The main tavern space delivers a classic bar atmosphere with generous seating, pool tables, gaming areas and a full-service bar layout. A dedicated 16’x27’ storage room provides additional operational space for inventory storage and other supplies or equipment. It is complemented with a walk-in cooler measuring 6’x6’, both allowing for efficient beverage and food storage. There is an additional walk-in cooler measuring 10’x10’. The approximately 12’x12’ kitchen, currently unused but used to be a booming pizza joint, supports potential for food service operation. It features a drive-thru window providing essential, easy food pick-up capabilities for Pittsfield residents. Upstairs in the west building, the property expands into a large unused banquet hall, offering flexibility for private events, gatherings, or future conversion. Adjacent to this space is a small apartment featuring one bedroom and one-and-a-half bathrooms, creating an on-site living option or rental opportunity. The upper-level layout presents clear potential to enlarge the existing apartment footprint or reconfigure the space for expanded residential, office or event use. Structurally, the property has seen meaningful maintenance and updates. The west building features a rubber roof installed approximately four years ago, and tuck pointing has been completed, preserving the integrity of the exterior masonry. The basement includes a concrete floor and a cellar door. Heating is present throughout most of the building, with the far west room currently receiving heat from the adjacent middle room. An outdoor seating area provides additional value, allowing for seasonal use and increased patron capacity. The building’s historic character, visible in its architectural details and long-standing presence on Adams Street, enhances its appeal for buyers seeking a property with community recognition and legacy. Lindsay’s Tavern presents multiple avenues for ownership: continuation of an established bar and entertainment business, repositioning as an event venue, or redevelopment into a mixed-use asset combining commercial and residential components. Its size, layout, and Pittsfield Square location make it a compelling opportunity in the Pike County market.