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122 W Main Street, Elmwood, IL 61529

$195,000

4,000 sq ft
CLS# 1265029
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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.

Property Details

City
Elmwood
County
Peoria
Type
Commercial Sale
New Construction
No
Zoning
Commercial
Square Ft.
4,000
Avail Square Ft.
4,000

Features

Roofing
  • Membrane
Heating/Cooling
  • Forced Air
  • Natural Gas
Water/Sewer
  • City Water/Connected
  • Municipal/City
Utilities Available
  • Water Available

Financials

2024 Taxes
2728.02
RMLS Alliance IDX

Listing information is provided by RMLS Alliance LLC courtesy of Jim Maloof Realty, Inc., Eileen Huber, as of 03/23/2026 15:15pm 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 renting or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.