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419 W Railroad Street

Sheffield, IL 61361
  • $140,000
  • STATUS: Active
  • ON SITE: 179 Days
  • MLS #: 11111221
UPDATED: 124 min ago
$140,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,750
    SQFT
  • $51
    $/SQFT
Neighborhood:
Type:
Business Opportunity
County:
Area:

School Ratings & Info

Description

This bar has been locally owned and operated since 1994. Owner has slowed down due to age and health considerations offering no daytime hours for the past 10 years. So much potential here for full reopening with being located on Hwy 6, 3 miles from renowned Psycho Silo with incredible motorcycle traffic on weekends. Located in the quaint town of Sheffield, IL with 300 feet of prime highway frontage. Property boasts adorable little 1-bedroom home bringing in $400/mo rent & utilities with reliable renter desiring to stay. Home's room is 10 years old and new steel roof on bar in 2014. Coolers, bar stools, tables, chairs, TV, refrigerator & freezer all come with this bar. Don't miss your opportunity to grab this goldmine!

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© 2021 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 2021-11-30T23:58:40.163 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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419 W Railroad Street Sheffield, IL 61361

  • Price: $140,000
  • Status: Active
  • On Site: 179 Days
  • Updated: 124 min ago
  • MLS #: 11111221
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,750
SQFT
$51
$/SQFT
Neighborhood:
Sheffield
County:
Bureau
Area:
Sheffield
Property Description
This bar has been locally owned and operated since 1994. Owner has slowed down due to age and health considerations offering no daytime hours for the past 10 years. So much potential here for full reopening with being located on Hwy 6, 3 miles from renowned Psycho Silo with incredible motorcycle traffic on weekends. Located in the quaint town of Sheffield, IL with 300 feet of prime highway frontage. Property boasts adorable little 1-bedroom home bringing in $400/mo rent & utilities with reliable renter desiring to stay. Home's room is 10 years old and new steel roof on bar in 2014. Coolers, bar stools, tables, chairs, TV, refrigerator & freezer all come with this bar. Don't miss your opportunity to grab this goldmine!
Exterior Features

Frontage Type City StreetUs Highway Lot Size .50-.99 Acre Outdoor Parking 51-100 Spaces Parking Total 50 Roof Composition Waterfront YN No

Interior Features

Cooling Window Unit(S) Heat Ventilation Hot Water Miscellaneous Inside Public Restroom/S

Property Features

Additional Parcels YN No Adjusted Net Income 1 Adjusted Net Income Year 2020 Annual Rent For Real Estate 1 Building Area Total 2750 Business Age 11+ Years Business Type Bar/Tavern/Lounge Corporate Limits Unincorporated Current Use Commercial Gross Profit Year 2020 Gross Sales Annual 1 Gross Sales Annual Year 2020 Location Central Business District Operating Expense 1 Ownership Types Sole Proprietor Possible Use CommercialLiquor License Property Offered For Sale Only Real Estate Included Yes Sale Price Includes LandBuildingBusinessEquipmentBusiness Name Tax Annual Amount 2595 Tax Year 2020 Tenant Pays Air ConditioningElectricityHeatTaxesInsuranceRepairsRoofSewer Type Bus / Bus W/Real Est Type Of Lease None Zoning Commr

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Wessel Real Estate.


© 2021 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 2021-11-30T23:58:40.163 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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Touchstone Group
2308 W North Avenue #C1
Chicago IL, 60647