307 N Main St - Lodge/Meeting Hall/Venue/Bar

Explore a unique opportunity to own a rural destination venue and bar at 307 N Main St, Loraine, IL. This 12,320 SF property, formerly a school, now operates as a well-established bar and event venue on a spacious 5-acre plot. The building features modern updates, including a geothermal system, and retains its nostalgic charm with the original gymnasium floor and 19-foot ceilings. The front bar area includes a gaming room, while the back offers a large space ideal for events like wedding receptions and local league gatherings. There's significant potential for culinary expansion, with space in the former cafeteria to add a full-service kitchen. Located in an area known for trophy whitetail hunting, this property could easily be converted into a hunting lodge or seasonal rental. With ample open land, it’s perfect for developing RV slips or adding an extra barn/shop. The owner is eager to sell and open to offers.