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 12 apartments and one home on the east side of the property, all currently rented, generating a combined rental income of $8,400 per month, or $100,800 annually. With the current owner retiring, this is an opportunity to own an established local business with additional rental income and room for future possibilities.
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
See this Listing
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
- Address326 US Highway 51 Pana IL
- CityPana
- CountyChristian
- Zip Code62557
Market Summary
Current real estate data for Commercial in Pana as of Oct 27, 2026
4
Commercial Listed
205
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
Similar Listings Nearby

326 US Highway 51
Pana, IL
