120 Depot St - Bar FOR SALE


Gardner, IL 60424
$305,000 USD
815-518-2300
120 Depot St, Gardner, IL for Sale
$305,000 USD
Bar - FOR SALE
1/31
null | Request Cap Rate

120 Depot St
Gardner, IL 60424


OVERVIEW

Thriving established, well loved family friendly restaurant & pub located on historic Route 66 in Gardner IL is seeking the perfect someone to continue its legacy. Located in the center of Depot St in the constantly improving downtown area. Renovated & fresh, currently with a vintage feel but can be adapted to many styles. 3000 sq. ft of functional space on lower level of 2 connected buildings that include a pub area with bar seating. and a dining room with table seating only... presently set up for 100-115 person capacity total, though you can see it can comfortably seat many more. Lower level also has a video gaming room, 3 restrooms, 3 closets, a waitress station, kitchen, kitchen storage and a large walk in cooler and freezer. Unfinished cellar type basement under one building and crawl space under the other. Patio, flower garden, backyard with privacy fence. 3 (plus) car garage. 1500 sq ft 3 bedroom apartment on 2nd level with deck. This is a favorite place for many to hold celebrations & spend time with friends & family. Currently only open weekends...this business is deeply loved by its proprietor & patrons. The decision to pass the torch is NOT an easy one and is NOT due to a lack of business... on the contrary!! The ratings on many platforms are glowing & customers want more... more hours, more specials, new menu items... The proprietor loves this business and all the people who enter, but with all good things in life changes are occurring to lead them to make the tough decision to work towards retirement. If you want to be a part of an incredible community and this sounds like an opportunity you would be interested in, please make an appointment to view the property.

FOR SALE DETAILS

PRICE

$305,000 USD

PRICE/SF

$102 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

120 Depot St Gardner Il 60424

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1919

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,674 SF

ZONING

-

APN/PARCEL ID

12-04-458-022

ASK ABOUT THIS PROPERTY

Diana MasonLori Bonarek RealtyMore Info
815-518-2300

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

Diana MasonLori Bonarek RealtyMore Info
815-518-2300

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