103 IL-53 - Restaurant FOR SALE


Braceville, IL 60407
$425,000 USD
779-227-1750
103 IL-53, Braceville, IL for Sale
$425,000 USD
Restaurant - FOR SALE
1/45
null | Request Cap Rate

103 IL-53
Braceville, IL 60407


HIGHLIGHTS

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

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$425,000 USD

PRICE/SF

$119 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bar and Grill with Managers Unit

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,950 SF

ZONING

B-1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jennifer VianoTown Center Realty Group, LLCMore Info
779-227-1750

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jennifer VianoTown Center Realty Group, LLCMore Info
779-227-1750

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.