208 Lincoln Highway

    Waterman, IL 60556
    • $550,000
    • STATUS: Active
    • ON SITE: 183 days
    • MLS #: 09982824
    UPDATED: 43 min ago
    $550,000
    • 0
      BEDS
    • Less Than .25 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,500
      SQFT
    • $122
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    Great opportunity to own your own business with two connected parcels and two businesses for sale in one package deal. Bar and grill along with a laundromat in the heart of Waterman on highway 30. Thriving bar and restaurant has a great reputation and room for growth if you wanted to remove the laundromat which would be a great spot for a microbrewery or a stage for live music. Also includes a 1 bedroom apartment on the second floor that is currently being used as an office. Bar provides additional income through video gaming machines, lottery sales and jukebox, all with rental agreements. Known for its food the bar has a connected dining room behind the laundromat. Recent developments both in Waterman and Shabbona make this a great opportunity as these areas continue to grow.

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    © 2018 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 the MLS or Baz Realty Network | Keller Williams Preferred Realty. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Baz Realty Network | Keller Williams Preferred Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. 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. Data last updated: 2018-12-13T14:51:37.623.

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    www.bazrealtynetwork.com/homes/84561223

    208 Lincoln Highway Waterman, IL 60556

    • Price: $550,000
    • Status: Active
    • Updated: 43 min ago
    • MLS #: 09982824
    0
    Beds
    0
    Baths
    0
    ½ Baths
    Less Than .25 Acre
    Acres
    4,500
    SQFT
    $122
    $/SQFT
    Neighborhood:
    Waterman
    County:
    De Kalb
    Area:
    Waterman
    Property Description
    Great opportunity to own your own business with two connected parcels and two businesses for sale in one package deal. Bar and grill along with a laundromat in the heart of Waterman on highway 30. Thriving bar and restaurant has a great reputation and room for growth if you wanted to remove the laundromat which would be a great spot for a microbrewery or a stage for live music. Also includes a 1 bedroom apartment on the second floor that is currently being used as an office. Bar provides additional income through video gaming machines, lottery sales and jukebox, all with rental agreements. Known for its food the bar has a connected dining room behind the laundromat. Recent developments both in Waterman and Shabbona make this a great opportunity as these areas continue to grow.
    Exterior Features

    Approx Land Sq Footage 2500 Construction Wood Frame Location Central Business District Lot Dimensions 148X54 Lot Sq Ft 7992 Number Of Parking Spaces 6

    Interior Features

    Air Conditioning Central Air Number Of Stories 2

    Property Features

    Adj Net Inc Expense Source Broker Projection Adjusted Net Income 0 Ann Rnt Expense Source Broker Projection Annual Rent For Real Estate 0 Business Age 11+ Years Business Type Dry Cleaners/Coin LaundryBar/Lounge/Nite Club Cost Of Goods Expense Source Broker Projection Cost Of Goods Sold 0 Cost Of Goods Year 2017 Current Use Commercial Electrical Service 101-200 Amps Gross Payroll 0 Gross Payroll Expense Source Broker Projection Gross Payroll Year 2017 Gross Profit 0 Gross Profit Expense Source Broker Projection Gross Profit Year 2017 Gross Sales Ann Expense Source Broker Projection Gross Sales Ann Year 2017 Gross Sales Annual 0 Heat Ventilation Central Heat/Indiv Controls Inventory 0 Inventory Expense Source Broker Projection Inventory Year 2017 Known Encumbrances None Known Net Operating Income Year 2017 Net Profit 0 Net Profit Source Broker Projection Possession Closing Property Offered For Sale Only Real Estate Included YN Yes Tax Year 2017 Taxes 6340 Tenant Pays Air ConditioningCommon Area MaintenanceElectricHeatJanitorialOperating StopsReal Property TaxesInsuranceRepairs And MaintenanceRoofScavengerStructureWater/Sewer Total Op Exp Year 2017 Total Op Expense Source Broker Projection Total Operating Expenses 0 Type Of Lease None Unincorporated YN No Zoning Type Commr

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of Coldwell Banker The Real Estate Group.


    © 2018 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 the MLS or Baz Realty Network | Keller Williams Preferred Realty. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Baz Realty Network | Keller Williams Preferred Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. 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. Data last updated: 2018-12-13T14:51:37.623.

    Digital Millennium Copyright Act
     
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