895 N FRANCIS Street, Washburn, IL 61570 | PA1212161 | Mel Foster Brokerage, LLC

895 N FRANCIS Street $199,900


    895 N FRANCIS Street Washburn, IL 61570

    • 2.20 Acres
    • Commercial
    • MLS# PA1212161
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    Views: 77 Days On Site: 476

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    Property Details

    Rare opportunity to own a TURN KEY bar/restaurant operation! Over 6,000 sq. ft. of space including a fully applianced commercial kitchen, large dining area, stage, and giant mezzanine that overlooks the bar/stage area. Live music paradise with adequate power supply and fixtures. Sale includes name, real estate, trade fixtures, and food/beverage stock. Illinois gaming license can be transferred with purchase of LLC. Recent updates include; completely re-stained and sealed exterior, complete re-paint of interior, new epoxy flooring, parking lot expansion, new sand volleyball court, and MUCH more! Property also offers an outdoor patio/beer garden, giant 2.2 acre corner lot with great traffic flow, and a very established clientele. Business will be open and operated as normal during sale period.

    • General Features
      • Zoning Commercial
      • Annual Taxes $5,000
      • Tax Year 2018
      • Year Built 2006
      • Sale/Lease Includes Land,Building,Business,License/Permits,Inventory
    • Building Features
      • Cooling Central Air
      • Flooring Carpeted,Concrete,Reinforced Concrete
      • Roof Construction Metal
      • Heating Forced Air,Gas,Zones
    • Property Features
      • Lot Dimensions 547X 345X 367X 154
      • Approx Acreage 2.2
      • Frontage Access C 2


    • Mel Foster Insurance


    61570 (Washburn) Demographics

    36 Median Age
    26 Population Density (per sq. mile)
    26% College Educated
    $55,595 Estimated Median Income
    489 Estimated Total Home Owners
    145 Estimated Total Renters
    77% / 23% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    1,758 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $70,000 Median Sales Price
    3 Homes Sold
    3 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 New Value: $199,900
        5/4/2021 11:54:49 AM Price Reduced Source New Value: $199,900 -14.57%
        12/29/2020 12:10:04 PM Price Reduced Source New Value: $234,000 -6.36%
        1/25/2020 1:10:00 PM New in Database Source New Value: $249,900

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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.