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Bar and Grill with Managers Unit 103 IL-53

3,579 SF Vacant Retail Building Braceville, IL 60407 £332,541 (£93/SF)

Investment Highlights

  • Gaming Allowed
  • High Traffic HWY
  • Ealry and Late Liquor License

Executive Summary

Incredible Commercial Opportunity - Motivated Seller! This versatile commercial property offers endless possibilities! The seller is motivated and ready to make a deal!! Property Highlights: Located on Historic Route 66 Beautiful 2-bedroom apartment attached Extra-large lot Whether you're looking to expand your business or invest in a property with exceptional potential, lots of traffic which means potential customers! This is an opportunity you don't want to miss. Let's make this space yours! This exceptional commercial property, now available at a significantly reduced price, is a rare investment opportunity you won't want to miss! The seller is highly motivated, making it the ideal time for forward-thinking investors or business owners to secure this prime, versatile space at incredible value. With expansive square footage, high-visibility frontage, and flexible usage options this property is designed to support a wide variety of commercial ventures. Adding to its appeal, this opportunity features a fully renovated, well-established bar in the heart of Braceville, complete with an on-site, 2-bedroom manager's residence. The vibrant establishment is a perfect fit for experienced operators or aspiring entrepreneurs looking to own a thriving business. Positioned on historic Route 66 in a high-traffic area, the property boasts outstanding visibility and a welcoming atmosphere with both indoor and outdoor seating, drawing a consistent mix of locals and tourists. The sprawling 1-acre lot offers endless possibilities for expansion, whether for additional parking or creating more entertainment areas. One of the property's most exciting features is a large outdoor stage, ideal for live music and private events, all complemented by a massive deck. With an early open certificate, you have the option to serve breakfast, and the dedicated gaming area-previously permitted for a gambling license-presents another revenue stream. Don't miss out on this unique, high-potential investment-schedule your viewing today and see how this incredible property can elevate your business or diversify your portfolio!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,579 SF
Year Built/Renovated
1965/2016
Price
£332,541
Price Per SF
£93
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
1
Building FAR
0.07
Lot Size
1.10 AC
Zoning
B-1
Parking
50 Spaces (13.97 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Property Manager on Site
  • Monument Signage
  • Air Conditioning
  • Listing ID: 34110990

  • Date on Market: 06/12/2024

  • Last Updated:

  • Address: 103 IL-53, Braceville, IL 60407

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