7096 State Route 17

    Kankakee, IL 60901
    • $500,000
    • STATUS: Active
    • ON SITE: 290 days
    • MLS #: 10099681
    UPDATED: 25 min ago
    $500,000
    • 0
      BEDS
    • 10.0-24.99 Acres
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,228
      SQFT
    • $61
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    Great Business Opportunity! You could be the next proud owner of this money generating Bar & Restaurant located in the Village of Limestone just 7 miles from Kankakee on RT 17. The bar area has plenty of seating at both the bar and table areas. Private gaming room with 5 Video Poker Machines. The Full Commercial & Spotless Kitchen does a fabulous job of providing delicious food for both the bar and the Large Restaurant seating area. The outdoor pavilion and large parking lot is great for the outdoor summer events. There is a apartment with about 1400 Sq Ft on the second floor. Enclosed Smoking area near the bar. 40 x 72 Outdoor Metal Building is great for storage and can easily be used for extra revenue. 2 car garage right next to main structure adds extra storage space if needed. Approx 12 Acres of the almost 15 acres has been used for farming. This business is currently operating & thriving so please do not disturb the employees or patrons. SELLER MAY CONSIDER SOME FINANCING OPTIONS.

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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 Baz Realty Network | Keller Williams Elite. Based on information submitted to the MRED as of 2019-07-19T11:53:15.39 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.bazrealtynetwork.com/homes/88122714

    7096 State Route 17 Kankakee, IL 60901

    • Price: $500,000
    • Status: Active
    • Updated: 25 min ago
    • MLS #: 10099681
    0
    Beds
    0
    Baths
    0
    ½ Baths
    10.0-24.99 Acres
    Acres
    8,228
    SQFT
    $61
    $/SQFT
    Neighborhood:
    Kankakee
    County:
    Kankakee
    Area:
    Kankakee
    Property Description
    Great Business Opportunity! You could be the next proud owner of this money generating Bar & Restaurant located in the Village of Limestone just 7 miles from Kankakee on RT 17. The bar area has plenty of seating at both the bar and table areas. Private gaming room with 5 Video Poker Machines. The Full Commercial & Spotless Kitchen does a fabulous job of providing delicious food for both the bar and the Large Restaurant seating area. The outdoor pavilion and large parking lot is great for the outdoor summer events. There is a apartment with about 1400 Sq Ft on the second floor. Enclosed Smoking area near the bar. 40 x 72 Outdoor Metal Building is great for storage and can easily be used for extra revenue. 2 car garage right next to main structure adds extra storage space if needed. Approx 12 Acres of the almost 15 acres has been used for farming. This business is currently operating & thriving so please do not disturb the employees or patrons. SELLER MAY CONSIDER SOME FINANCING OPTIONS.
    Exterior Features

    Approx Land Sq Footage 5000 Construction Wood FrameOther/Unknown Frontage Access State Road Land Amenities Lighting/Exterior Lot Dimensions 14.87 Lot Sq Ft 647737 Number Of Parking Spaces 55 Waterfront YN No

    Interior Features

    Air Conditioning Central Air Number Of Stories 2 Outdoor Parking 51-100 Spaces

    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 Type Bar/Lounge/Nite ClubRestaurant Cost Of Goods Expense Source Owner Projection Cost Of Goods Sold 0 Cost Of Goods Year 2017 Current Use Commercial Electrical Service 3 Phase Food Beverage Type Restaurant Gross Payroll 0 Gross Payroll Expense Source Owner Projection Gross Payroll Year 2017 Gross Profit 0 Gross Profit Expense Source Owner Projection Gross Profit Year 2017 Gross Sales Ann Expense Source Owner Projection Gross Sales Ann Year 2017 Gross Sales Annual 0 Heat Ventilation Gas Inventory 0 Inventory Expense Source Owner Projection Inventory Year 2017 Known Encumbrances None Known Living Quarters PossibleOther (See Remarks) Miscellaneous Outside PatioSecurity Lighting Net Operating Income Year 2017 Net Profit 0 Net Profit Source Owner Projection Possession ClosingNegotiable Property Offered For Sale Only Real Estate Included YN Yes Sale Terms ConventionalOwner May Help/AssistOther Seating Capacity 100+ Tax Year 2017 Taxes 7385 Tenant Pays Air ConditioningElectricHeatRepairs And MaintenanceScavenger Total Op Exp Year 2017 Total Op Expense Source Owner Projection Total Operating Expenses 0 Type Of Lease None Unincorporated YN No Zoning Type Other

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Re/Max 10 in The Park.


    © 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 Baz Realty Network | Keller Williams Elite. Based on information submitted to the MRED as of 2019-07-19T11:53:15.39 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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