119 N Lincoln St - Restaurant FOR SALE


Ransom, IL 60470
$589,900 USD
815-867-6848
119 N Lincoln St, Ransom, IL for Sale
$589,900 USD
Restaurant - FOR SALE
1/17
null | Request Cap Rate

119 N Lincoln St
Ransom, IL 60470


HIGHLIGHTS

  • Over 50 Years in the same location! Beautiful addition to the original bar. Great reputation!

OVERVIEW

In the same location for 52 years, this business boasts over 8200 square feet of restaurant/bar space. Seating for over 250 customers, 2 full bars, 1 large high quality commercial kitchen, a short order grill, ample cooler space and additional storage throughout. All equipment, furniture and bar accessories stay with the business. This business currently operates on a regular weekly schedule. The equipment is well maintained and is fully functional. A separate banquet room is ideal for business meetings, large parties, wedding receptions or any other gathering. In addition to the large downstairs restaurant/bar, the property also includes a 2 bedroom, 1 bathroom apartment upstairs! It can be utilized by the owner or rented for additional income. Make your dream a reality with Jerry's Tap! Call or click today to set up your showing!

FOR SALE DETAILS

PRICE

$589,900 USD

PRICE/SF

$71 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

CBD

APN/PARCEL ID

35-16-400-025

ASK ABOUT THIS PROPERTY

Ryan RichRE Dynamics - Real Estate & Rental PropertiesMore Info
815-867-6848

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Ryan RichRE Dynamics - Real Estate & Rental PropertiesMore Info
815-867-6848

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