488 E State Route 71
Oglesby, IL 61354
Listing courtesy of Berkshire Hathaway Central Illinois Realtors
Listing Agent: Amanda Wycoff
Sq. Ft.: N/A
Number of Units: 2
Location, location, location! An opportunity like this does not come around often! Now is your chance to own a restaurant/bar location that features a fully remodeled apartment in 2020 on the 2nd level, adjacent parking lot AND a fully remodeled (in 2020) and rented home right next door! 3 Parcels total. All equipment for the restaurant remains. Main floor features an oversized bar area (988 sq/ft) with separate entrance. Main dining room (900 sq/ft) with separate entrance. Full kitchen (779 sq/ft) with basement (1257 sq/ft) and lower level office access. Multiple walk-in coolers. 2nd floor 2 BR 1 full bath apartment (566 sq/ft) can be rented or utilized by the owner. Apartment features private exterior entrance with the ability to access the restaurant as well. Adjacent parking lot has abundant parking. Add in the currently rented home (888 sq/ft) which includes all appliances, has been remodeled, resided and more. What an opportunity to have income flowing from the rentals immediately while making the restaurant location YOURS. Located just 6 minutes from the ever so popular Starved Rock State Park and Lodge. Less than 1/4 mile from the Illinois River and with a combined traffic count of just under 10,000 cars daily, this location is prime.
MLS Area: Confidential Commercial Listings
Fire Protection: Ansul System, None
Heating: Central Heat/Indiv Controls
Tenant Pays: Air Conditioning, Electricity, Heat, Sewer
Electric: Circuit Breakers
Parking Features: Outdoor: 19-30 Spaces
Lot Size in Sq. Ft.: 24,829
Frontage Type: Public Road
Property SubType: Commercial Sale
Property SubType 2: Mixed Use
$ per month
Year Fixed. % Interest Rate.
| Principal + Interest: || $ |
| Monthly Tax: || $ |
| Monthly Insurance: || $ |
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
© 2021 Midwest Real Estate Data LLC. All rights reserved.
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Bullock Real Estate Group, LLC are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The information being provided is 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 purchasing. MRED DMCA Notice
NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
MRED LLC data last updated at October 16, 2021 11:27 AM CT