959 9th Street

    Lasalle, IL 61301
    • $220,000
    • STATUS: Active
    • ON SITE: 143 days
    • MLS #: 10329002
    UPDATED: 84 min ago
    $220,000
    • 0
      BEDS
    • Less Than .25 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,990
      SQFT
    • $55
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    ESTABLISHED BAR/NIGHT CLUB OPEN CONTINUALLY SINCE 1895 (OPEN DURING PROHIBITION 1920 TO 1933). THE RARE 1903 BRUNSWICK BACK BAR IS WORLD CLASS AND IS IN GREAT SHAPE! BAR CONSTRUCTED OF BRUNSWICK MAHOGANY HAS BRASS RAIL, THREE SECTIONS OF MIRRORS AND OLDER HANGING ANTIQUE LIGHTS. A SIDE BAR WITH ADDITIONAL SEATING NEAR THE STAGE AREA. THERE IS A GAMING AREA WITH FIVE STATE LICENSED VIDIO SLOT MACHINES FOR ADDED PROFIT POTENTIAL. THERE IS A FULL BASEMENT WITH A LARGE WALK-IN COOLER TO ACCOMMODATE THE MANY TAP BEERS ON THE MENU. THERE ARE TWO SECOND FLOOR APARTMENTS THAT PROVIDE AN ADDITIONAL REVENUE SOURCE WITH TENANTS PAYING THERE OWN UTILITIES. THE REAR OF THE 50X140 LOT HAS ROOM FOR PARKING OR EXPANSION. $30,000 SPENT ON BUILDING IMPROVEMENTS IN THE LAST FEW YEARS INCLUDING THERMO-PANE WINDOWS THROUGH-OUT. ALL TRADE FIXTURES INCLUDED IN THE PURCHASE PRICE. A TURN KEY TRANSACTION. A REAL OPPORTUNITY FOR THE RIGHT INDIVIDUAL!

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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 2019-08-24T19:50:56.473 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/93297989

    959 9th Street Lasalle, IL 61301

    • Price: $220,000
    • Status: Active
    • Updated: 84 min ago
    • MLS #: 10329002
    0
    Beds
    0
    Baths
    0
    ½ Baths
    Less Than .25 Acre
    Acres
    3,990
    SQFT
    $55
    $/SQFT
    Neighborhood:
    Dimmick / LaSalle
    County:
    La Salle
    Area:
    Dimmick / LaSalle
    Property Description
    ESTABLISHED BAR/NIGHT CLUB OPEN CONTINUALLY SINCE 1895 (OPEN DURING PROHIBITION 1920 TO 1933). THE RARE 1903 BRUNSWICK BACK BAR IS WORLD CLASS AND IS IN GREAT SHAPE! BAR CONSTRUCTED OF BRUNSWICK MAHOGANY HAS BRASS RAIL, THREE SECTIONS OF MIRRORS AND OLDER HANGING ANTIQUE LIGHTS. A SIDE BAR WITH ADDITIONAL SEATING NEAR THE STAGE AREA. THERE IS A GAMING AREA WITH FIVE STATE LICENSED VIDIO SLOT MACHINES FOR ADDED PROFIT POTENTIAL. THERE IS A FULL BASEMENT WITH A LARGE WALK-IN COOLER TO ACCOMMODATE THE MANY TAP BEERS ON THE MENU. THERE ARE TWO SECOND FLOOR APARTMENTS THAT PROVIDE AN ADDITIONAL REVENUE SOURCE WITH TENANTS PAYING THERE OWN UTILITIES. THE REAR OF THE 50X140 LOT HAS ROOM FOR PARKING OR EXPANSION. $30,000 SPENT ON BUILDING IMPROVEMENTS IN THE LAST FEW YEARS INCLUDING THERMO-PANE WINDOWS THROUGH-OUT. ALL TRADE FIXTURES INCLUDED IN THE PURCHASE PRICE. A TURN KEY TRANSACTION. A REAL OPPORTUNITY FOR THE RIGHT INDIVIDUAL!
    Exterior Features

    Approx Land Sq Footage 2056 Construction Brick Frontage Access City Street Location CornerFree Standing/Urban Lot Dimensions 50X140 Lot Sq Ft 7000 Number Of Parking Spaces 2 Waterfront YN No

    Interior Features

    Air Conditioning Central Air Number Of Stories 2

    Property Features

    Adj Net Inc Expense Source Owner Projection Adjusted Net Income 0 Ann Rnt Expense Source Owner Projection Annual Rent For Real Estate 0 Business Age 11+ Years Business Name Back Street Bar Business Type Bar/Lounge/Nite Club Corporate Limits Lasalle Cost Of Goods Expense Source Owner Projection Cost Of Goods Sold 0 Cost Of Goods Year 2018 Current Use Legal Non Conforming Electrical Service 101-200 Amps Gross Payroll 0 Gross Payroll Expense Source Owner Projection Gross Payroll Year 2018 Gross Profit 0 Gross Profit Expense Source Owner Projection Gross Profit Year 2018 Gross Sales Ann Expense Source Owner Projection Gross Sales Ann Year 2018 Gross Sales Annual 0 Heat Ventilation Central Bldg Heat Inventory 0 Inventory Expense Source Owner Projection Inventory Year 2018 Known Encumbrances First Mortgage Living Quarters Possible Miscellaneous Outside Handicapped Access Net Operating Income Year 2018 Net Profit 0 Net Profit Source Owner Projection Number Of Emp Full Time 1 Number Of Emp Part Time 10 Possession Closing Potential Use Legal Non ConformingOther Property Offered For Sale Only Real Estate Included YN Yes Sale Terms Conventional Seating Capacity 41-50 Tax Year 2018 Taxes 0 Tenant Pays Air ConditioningElectricHeatReal Property TaxesInsuranceRepairs And MaintenanceRoofScavengerStructureWater/Sewer Total Op Exp Year 2018 Total Op Expense Source Owner Projection Total Operating Expenses 0 Type Of Lease None Type Ownership Business Trust Utilities To Site Electric To SiteGas To SiteSanitary Sewer To SiteSewer-Storm AvailableWater-MunicipalWater To Site Zoning Type Commr

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Executive Realty Group Llc.


    © 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 2019-08-24T19:50:56.473 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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