224 N Tremont St, Kewanee, IL 61443 | 20230497 | Mel Foster Brokerage, LLC

224 N Tremont St $270,000


    224 N Tremont St Kewanee, IL 61443

    • 0 Beds
    • 6 Baths
    • 9,000 sq. ft.
    • Residential
    • MLS# 20230497
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    Views: 229 Days On Site: 37

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    Property Details

    Great opportunity to become your own boss of a profitable business. Located in downtown Kewanee IL. This building has a dining area (38ft by 30ft) that sits up to 80 guests comfortably; with booths, tables, and chairs included. Commercial grade kitchen (14ft by14ft) equipped with stove, kitchen griddle, fryer, refrigerators (with active warranty), freezers, pots, pans, plates, cups, and silverware. All restaurant items stay, except for the cash register and 1 double refrigerator located in the back storage room. Sellers reserve these two items and personal items stored in the basement. Additionally on the first floor there is a venue area (28ft by 22ft) which sits up to _65 guests. This area is rented out regularly for birthdays, baby showers, graduations, and other special occasions. Restrooms are located between the restaurant and venue; the women’s restroom has two stalls and a sink, men’s restroom has two stalls, urinal, and sink; next to the restrooms is janitorial closet. Additional half bath located by storage area in the back of the building. On the second floor there are 3 apartments, 2 of which are currently rented. Each apartment has a dedicated furnace and water heater. The first apartment is a 1 bed 1bath with washer and dryer hook up (occupied). Middle apartment is 3 Bed 1 bath(occupied). 3rd apartment is a 2 bed 1 bath with washer and dryer hook up, currently being occupied by sellers. All appliances currently in the apartments stay. Roof was redone in 2020. This restaurant has many great possibilities. Call or text listing agent for additional information. Building is being sold “as is”. Must have a 24hr notice to book appointment. Listing Agent is related to sellers. Apartment A (up the stairs to the left) 1 Bed 1 Bath Bedroom-15.5ft by 10.5ft Walk in closet-10.5ft by 5.5ft Dining/living room combo-28ft by 12.5ft Kitchen-12ft by 8ft Bath- 10.5 by 7.5ft Laundry-10.5ft by 6.5ft Apartment B (up the stairs straight fwd) 3bed 1 bath. Bedroom-9ft by 13ft Bedroom-10ft by 13ft Bedroom-12ft by 11ft Kitchen/dinning- 17ft by 18ft Bath- 8.5ft by 9ft Living room-30ft by 16ft Apartment C (furthest back access through venue stairway) 2 bed 1 bath Bedroom- 11ft by 13ft Bedroom- 17ft by 12ft Kitchen/dinning- 20ft by 17ft Bath-11ft by 9.5ft Living room 21ft by 17ft. Laundry room(shared by apt B&C)-12ft by 7ft

    • General Features
      • Building Style 2 Story
      • Building Sq Ft 9,000
      • Room Count 0
      • Garage Size 0.0
    • Building Features
      • Construction Brick
      • Roof Flat / Tar
      • Foundation Brick
      • Basement Full
      • Features Additional Insulation, Washer, Dryer, Freezer, Microwave, Refrigerator, Stove, Alarm System, Carbon Monoxide Alarm, Smoke Alarm, Multiple Smoke Alarms, Ceiling Fan, Multiple Ceiling Fans, Central Air, City Electric, City Gas, City Sewer, City Water, Paved Streets, Curb & Gutters, Sidewalks, Cable Hook Up
      • Room Info Bedroom - 15 x 10 - unknown - Carpeting - 2 - ; Bedroom - 9 x 13 - unknown - Vinyl - 2 - ; Bedroom - 13 x 10 - unknown - Vinyl - 2 - ; Bedroom - 12 x 11 - unknown - Vinyl - 2 - ; Bedroom - 11 x 13 - unknown - Vinyl - 2 - ; Bedroom - 17 x 13 - unknown - Vinyl - 2 - ; Bathroom - 10.5 x 7.5 - unknown - unknown - 2 - ; Bathroom - 8.5 x 9 - unknown - unknown - 2 - ; Bathroom - 11 x 9 - unknown - unknown - 2 - ; Restaurant - 38 x 30 - unknown - Ceramic Tile - 1 - ; Storage Room - 19 x 19 - unknown - C
      • Heating Gas Forced Air
    • Schools
      • School Kewanee


    Rosa A. Meza-Martinez  REALTOR®

    Rosa A. Meza-Martinez REALTOR®

    Licensed in Illinois

    Mel Foster Co. Kewanee

    Cell: 309-883-4815
    • Mel Foster Insurance


    61443 (Kewanee) Demographics

    42 Median Age
    140 Population Density (per sq. mile)
    28% College Educated
    $41,130 Estimated Median Income
    3,906 Estimated Total Home Owners
    1,697 Estimated Total Renters
    70% / 30% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    13,686 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $110,750 Median Sales Price
    6 Homes Sold
    15 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $270,000
        4/27/2023 5:30:00 PM New in Database Source: Multiple Listing Service New Value: $270,000

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        The information on this website 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. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.