Under Contract

634 IL Rt 143

Pocahontas, IL 62275
$260,000
Photo of 634 IL Rt 143 Pocahontas IL 62275

Details

Turnkey business opportunity just 20 minutes from Carlyle Lake! This well-established restaurant and bar come fully equipped with all restaurant and kitchen equipment installed in 2023. Updated luxury vinyl extends from the dining area through the bar area Entertainment highlights include two coin-operated pool tables (one pool light excluded) and a dedicated 16 x 11 gaming room that adds to the energetic setting. Additional 3 1/2 acres +/- located behind the building is available for purchase, offering excellent potential for future expansion and outdoor entertainment. Additional Parcel; 07-12-23-302-001. With a daily traffic count of approximately 2300 vehicles this property offers outstanding visibility and makes it the perfect place to launch your next successful business venture! Seller may consider owner financing for qualified buyer. Tank and pumps have been removed.

Specs

Type Commercial
Lot Size 0.74 acres
Year Built 1998
Taxes Paid $5,118

Lots & Building Features

Appliances Indoor Grill, Free-Standing Freezer, Free-Standing Range, Free-Standing Gas Oven, Free-Standing Refrigerator, Water Heater, Refrigerator
Construction Metal Siding, Wood Siding, Other
Cooling Electric, Central Air
Heating Electric, Forced Air
Tax Year 2024
Taxes Paid $5,118
Water Public

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Financing

$
20%
1.9684615384615%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Area

City Pocahontas
County Bond
Subdivision Not in a Subdvision or Complex
Monny Sandifer, Coldwell Banker Brown Realtors