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    249 Central Street

    Gilman, IL 60938
    • $179,900
    • STATUS: Active
    • ON SITE: 46 days
    • MLS #: 10719457
    UPDATED: 215 min ago
    $179,900
    • 0
      BEDS
    • Less Than .25 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,960
      SQFT
    • $45
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    Owners are retiring and relocating and want to hand this GEM off to the next owner that will have the same pride in ownership that they have had for their bar for the past 14 years! Established Bar & Restaurant in downtown Gilman that is located in the heart of the business district! Seating for 100+, billiards, video gaming, and stage for live entertainment. Built in 2006, this building features: steel built Cleary building w/50 year warranty, front over hang, reinforced concrete flooring, security system, digital sign, 8 flat screen TV's, 2 furnaces, 3 AC units, 3 phase electric w/400 amp service. The business has a full operating kitchen, 2 walk in coolers, 1 walk in freezer, and set up for catered parties. They offer regular specials, & live bands/ entertainments on the weekends drawing large crowds.

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    © 2020 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 Touchstone Group. Based on information submitted to the MRED as of 2020-07-04T23:49:51.157 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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    249 Central Street Gilman, IL 60938

    • Price: $179,900
    • Status: Active
    • Updated: 215 min ago
    • MLS #: 10719457
    0
    Beds
    0
    Baths
    0
    ½ Baths
    Less Than .25 Acre
    Acres
    3,960
    SQFT
    $45
    $/SQFT
    Neighborhood:
    Gilman
    County:
    Iroquois
    Area:
    Gilman
    Property Description
    Owners are retiring and relocating and want to hand this GEM off to the next owner that will have the same pride in ownership that they have had for their bar for the past 14 years! Established Bar & Restaurant in downtown Gilman that is located in the heart of the business district! Seating for 100+, billiards, video gaming, and stage for live entertainment. Built in 2006, this building features: steel built Cleary building w/50 year warranty, front over hang, reinforced concrete flooring, security system, digital sign, 8 flat screen TV's, 2 furnaces, 3 AC units, 3 phase electric w/400 amp service. The business has a full operating kitchen, 2 walk in coolers, 1 walk in freezer, and set up for catered parties. They offer regular specials, & live bands/ entertainments on the weekends drawing large crowds.
    Exterior Features

    Approx Land Sq Footage 3960 Construction Steel Frontage Access City Street Location Central Business District Lot Dimensions 75X100 Lot Sq Ft 7500 Number Of Parking Spaces 18 Roof Coverings Metal

    Interior Features

    Air Conditioning Central Air Miscellaneous Inside Handicapped Equip Washroom/SStorage Inside Number Of Stories 1 Outdoor Parking 13-18 Spaces

    Property Features

    Adj Net Inc Expense Source Combination Adjusted Net Income 1 Ann Rnt Expense Source Combination Annual Rent For Real Estate 1 Business Age 11+ Years Business Type Bar/Lounge/Nite ClubFood And BeverageRestaurant Cost Of Goods Expense Source Combination Cost Of Goods Sold 1 Cost Of Goods Year 2019 Current Use Commercial Electrical Service 201-600 Amps Food Beverage Type RestaurantGrill Gross Payroll 1 Gross Payroll Expense Source Combination Gross Payroll Year 2019 Gross Profit 1 Gross Profit Expense Source Combination Gross Profit Year 2019 Gross Sales Ann Expense Source Combination Gross Sales Ann Year 2019 Gross Sales Annual 1 Heat Ventilation Forced AirGas Inventory 1 Inventory Expense Source Combination Inventory Year 2019 Known Encumbrances None Known Miscellaneous Outside Handicapped Access Net Operating Income Year 2019 Net Profit 1 Net Profit Source Combination Possession Closing Potential Use Liquor License Property Offered For Sale Only Proprietary Info Furniture/Fix/Equip ListProfit And Loss StatementTax BillVendor List Real Estate Included YN Yes Seating Capacity 100+ Tax Year 2018 Taxes 5590.54 Tenant Pays Varies By Tenant Total Op Exp Year 2019 Total Op Expense Source Combination Total Operating Expenses 1 Type Of Lease None Type Ownership Business Corporation Utilities To Site Water-Municipal Zoning Type Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Smith's Real Estate Services, Ltd.


    © 2020 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 Touchstone Group. Based on information submitted to the MRED as of 2020-07-04T23:49:51.157 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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    2308 W North Avenue #C1
    Chicago IL, 60647