Realistically? No, not at all. The reason there are no toolchains for BASIC is because nobody uses BASIC (because it's not functional in our modern world), not the other way round.
It fall out of fashion, along with Pascal, Perl, Ruby, but that's just fashion.
How can a language be "inefficient"? You can say it lacked on expressiveness. Maybe was too verbose? But I would not place BASIC into the "verbose" category.
I don't have to relearn natural language every 5-10 years, but for some reason I'm expected to when it comes to programming.
Because BASIC simply doesn't have first-class functions, and they would be quite hard to represent in a BASIC-like syntax while keeping the language idiomatic. Even the unreasonably clunky C pattern of having a pointer to a function taking void* as its first argument (to account for closure captures) gets you a whole lot closer to functional programming than even the fanciest BASICs.
https://learn.microsoft.com/en-us/dotnet/visual-basic/
https://www.mikroe.com/mikrobasic-pic
Just the three that come to my mind, of BASIC toolchains that people actually pay real money to use.