518 W JACKSON Street, Macomb, IL 61455 | PA1212114 | Mel Foster Brokerage, LLC

518 W JACKSON Street $450,000

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    518 W JACKSON Street Macomb, IL 61455

    Sold
    SOLD 4/21/2021

    $450,000

    • 1.00 Acres
    • Commercial
    • MLS# PA1212114
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    Property Details

    Description

    Owners Words: 'After 26 years in the Restaurant/Bar Business it is time to RETIRE & go south to warm weather. Our 5,000 Sq.Ft. business has provided our family with a very comfortable lifestyle. The casino/gaming income alone pays 100% of debt service of what we are asking for the business, buildings & land. Income from 5 pool tables, 2 dart boards & JukeBox are just icing on the cake. 2 outlying bldgs provide MORE rent-able storage/business spaces. All equipment & computer registers included. Kitchen & 2 bars fully equipped & ready for operation. P&L's available for serious buyers. We have bought a home in Florida, time to let someone else enjoy our Business & System for a very nice living.' INVESTORS DONT MISS OUT ON A TURN-KEY Opportunity: PARCEL 1, Shooters Billiards, Bar & Gaming with Covered Deck. Electronic Marquee & Keyboard. Whole bldg capacity 204, 70+/- parking spaces. PARCEL 2, 120'x120' vacant lot. Parcel 3, Lot & 2 garage type bldgs. Total property taxes $7,721.56.

    Neighborhood

    61455 (Macomb) Demographics

    26 Median Age
    126 Population Density (per sq. mile)
    51% College Educated
    $39,058 Estimated Median Income
    4,423 Estimated Total Home Owners
    3,209 Estimated Total Renters
    58% / 42% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    21,464 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $92,000 Median Sales Price
    29 Homes Sold
    26 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source New Value: $0 -100%
        4/21/2021 2:00:00 AM Sold Source New Value: $450,000
        11/16/2020 2:40:26 PM Status Changed Source New Value: Pending (No Showings)
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        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.