211 North Avenue

    Stockton, IL 61085
    • $625,000
    • STATUS: Active
    • ON SITE: 120 days
    • MLS #: 10358640
    UPDATED: 16 min ago
    $625,000
    • 0
      BEDS
    • .25-.49 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,219
      SQFT
    • $194
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    This great investment opportunity offers prime traffic location, good visibility, ample parking with profitable business. The owners have built this business from the start, have done a lot of improvements to the building to get where it is today and offer this property and business for your consideration. The owners are offering to help you transition this turn key business opportunity so it is seamless! Loft area and larger tables on upper level for larger groups and private events. Restaurant/bar capacity is 124. Outdoor seating area for summer/fall is 30. Please do not discuss the sale with any employees while at the property if you patronize there during business hours. Current zoning allows for many different uses.

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    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Perotti Group | Compass Real Estate. Based on information submitted to the MRED as of 2019-08-25T18:49:56.987 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.theperottigroup.com/homes/94122263

    211 North Avenue Stockton, IL 61085

    • Price: $625,000
    • Status: Active
    • Updated: 16 min ago
    • MLS #: 10358640
    0
    Beds
    0
    Baths
    0
    ½ Baths
    .25-.49 Acre
    Acres
    3,219
    SQFT
    $194
    $/SQFT
    Neighborhood:
    Out Of Area West
    County:
    Other
    Area:
    Out Of Area West
    Property Description
    This great investment opportunity offers prime traffic location, good visibility, ample parking with profitable business. The owners have built this business from the start, have done a lot of improvements to the building to get where it is today and offer this property and business for your consideration. The owners are offering to help you transition this turn key business opportunity so it is seamless! Loft area and larger tables on upper level for larger groups and private events. Restaurant/bar capacity is 124. Outdoor seating area for summer/fall is 30. Please do not discuss the sale with any employees while at the property if you patronize there during business hours. Current zoning allows for many different uses.
    Exterior Features

    Approx Land Sq Footage 3219 Construction Wood FrameOther/Unknown Frontage Access State Road Lot Dimensions 100 X 128 Lot Sq Ft 12800 Number Of Parking Spaces 20 Roof Coverings Shingle Composition Waterfront YN No

    Interior Features

    Air Conditioning Central Air Miscellaneous Inside Handicapped AccessPublic Restroom/S Number Of Stories 2 Outdoor Parking 19-30 Spaces

    Property Features

    Adj Net Inc Expense Source Combination Adjusted Net Income 108000 Ann Rnt Expense Source Owner Projection Annual Rent For Real Estate 0 Business Age 1-3 Years Business Name Jj & Freddies Business Type Food And BeverageRestaurant Corporate Limits Unincorporated Cost Of Goods Expense Source Combination Cost Of Goods Sold 248000 Cost Of Goods Year 2018 Current Use Commercial Food Beverage Type RestaurantCarry-Out Gross Payroll 46800 Gross Payroll Expense Source Combination Gross Payroll Year 2018 Gross Profit 310000 Gross Profit Expense Source Combination Gross Profit Year 2018 Gross Sales Ann Expense Source Combination Gross Sales Ann Year 2018 Gross Sales Annual 558000 Heat Ventilation Central Bldg Heat Inventory 5000 Inventory Expense Source Combination Inventory Year 2018 Known Encumbrances First Mortgage Miscellaneous Outside Handicapped AccessPatio Net Operating Income Year 2018 Net Profit 108000 Net Profit Source Combination Possession Negotiable Potential Use Commercial Property Offered For Sale Only Real Estate Included YN Yes Tax Year 2018 Taxes 5713 Tenant Pays Air ConditioningCommon Area MaintenanceElectricHeatJanitorialReal Property TaxesInsuranceRoofScavengerWater/Sewer Total Op Exp Year 2018 Total Op Expense Source Combination Total Operating Expenses 202000 Type Of Lease None Type Ownership Business Corporation Unincorporated YN No

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Keller Williams Realty Signature.


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Perotti Group | Compass Real Estate. Based on information submitted to the MRED as of 2019-08-25T18:49:56.987 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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    Chicago IL, 60647