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10 E Hitt St 4,400 SF 100% Leased Retail Building Mount Morris, IL 61054 $399,000 ($90.68/SF)

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INVESTMENT HIGHLIGHTS

  • Celebrating 30 successful years of operation with a loyal customer base
  • Bar area with over 20 bar stools
  • Sale includes all equipment and inventory for a seamless transition
  • Excellent visibility and accessibility with ample parking
  • Dining space for 100+ guests
  • Proven business model ready to generate income from day one

EXECUTIVE SUMMARY

Are you ready to jump into the restaurant business? Look no further, this turnkey operation could be yours!!! The Peppermill restaurant is selling both business and building after 30 successful years of operation. The current owners have built a strong customer base, friendly atmosphere at a great location. The Peppermill offers a bar on the left side of the business with over 20 bar stools, seating for over 100 guests in the building and adequate amount of parking. Current owners are willing to train and guide you to maximize your investment and produce a cash flowing business of your own. This sale includes all equipment and inventory for a smooth transition. Set up your showing today, don't miss out this great opportunity!

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,400 SF
Building Class
C
Year Built
1950
Price
$399,000
Price Per SF
$90.68
Percent Leased
100%
Building Height
1 Story
Building FAR
0.32
Lot Size
0.32 AC

ABOUT 10 E HITT ST , MOUNT MORRIS, IL 61054

Are you ready to jump into the restaurant business? Look no further, this turnkey operation could be yours!!! The Peppermill restaurant is selling both business and building after 30 successful years of operation. The current owners have built a strong customer base, friendly atmosphere at a great location. The Peppermill offers a bar on the left side of the business with over 20 bar stools, seating for over 100 guests in the building and adequate amount of parking. Current owners are willing to train and guide you to maximize your investment and produce a cash flowing business of your own. This sale includes all equipment and inventory for a smooth transition. Set up your showing today, don't miss out this great opportunity! Age of property not readily available.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-27-283-024
Land Assessment
$15,343
Improvements Assessment
$42,960
Total Assessment
$58,303
  • Listing ID: 37958155

  • Date on Market: 10/6/2025

  • Last Updated:

  • Address: 10 E Hitt St, Mount Morris, IL 61054

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