A rare opportunity to own a true piece of Illinois history! The historic Midway Drive-In Theater in Sterling has been entertaining generations since 1950 and is home to Illinois’ oldest standing drive-in movie screen. This iconic single-screen venue features a massive 90-foot screen and parking capacity for approximately 500 vehicles, creating an authentic outdoor movie experience unlike any other. The 15.5 acre property includes the classic retro “spaceship” ticket booth, full-service 50’s style concesion stand/diner, digital projection capabilities and the infrastructure necessary to continue operating this established entertainment destination. The Midway has embraced the nostalgia of the classic American drive-in while continuing to offer first-run movies, double features and special events. The concesion operation offers a variety of popular movie and diner favorites, adding an additional revenue component to the business. This is a rare opportunity for an owner/operator, investor, entrepreneur or entertainment-minded buyer to acquire an established business and an iconic property with decades of history, recognition, and a loyal following. Opportunities of this nature rarely become available. Qualified buyers are encouraged to inquire for additional information regarding the property, business, equipment and included assets.
Property Details
Price:
$750,000
MLS #:
MRD12762196
Status:
Active
Beds:
0
Baths:
0
Type:
Business
Neighborhood:
sterling
Listed Date:
Sep 17, 2026
Total Sq Ft:
2,400
See this Listing
Schools
Interior
Cooling
Central Air
Exterior
Stories
1
Financial
Tax Year
2025
Taxes
$3,557
Map
Community
- Address91 Palmyra Road Sterling IL
- CitySterling
- CountyLee
- Zip Code61081
Market Summary
Property Summary
- 91 Palmyra Road Sterling IL is a Business for sale in Sterling, IL, 61081. It is listed for $750,000
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Copyright 2026. All rights reserved.
91 Palmyra Road
Sterling, IL

