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Weezy's 108 S Old US Route 66 3,700 SF Retail Building Hamel, IL 62046 $599,000 ($161.89/SF)
INVESTMENT HIGHLIGHTS
- Investor opportunity on the busy Historic Route 66!
EXECUTIVE SUMMARY
Incredible opportunity to own a fully operational bar/restaurant in the heart of Hamel, IL situated directly on iconic Route 66. This property includes a spacious bar with a wrap-around counter, gaming area, commercial kitchen with walk-in freezer, and a large outdoor patio perfect for events and seasonal service. Upstairs features include a private office and a loft space with separate entrance ideal for short- or long-term rental. The full basement offers abundant storage and future expansion potential. This listing includes a separate 2 bed / 1 bath home on the same parcel giving another opportunity for rental income or owner occupancy. Perfect for entrepreneurs, investors, or anyone looking to own a piece of Route 66 history with multiple income streams. Schedule your showing today!!
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$600,000
|
$162.16
|
| Taxes |
$6,474
|
$1.75
|
| Operating Expenses |
$343,526
|
$92.84
|
| Total Expenses |
$350,000
|
$94.59
|
| Net Operating Income |
$250,000
|
$67.57
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $600,000 |
| Annual Per SF | $162.16 |
| Taxes | |
|---|---|
| Annual | $6,474 |
| Annual Per SF | $1.75 |
| Operating Expenses | |
|---|---|
| Annual | $343,526 |
| Annual Per SF | $92.84 |
| Total Expenses | |
|---|---|
| Annual | $350,000 |
| Annual Per SF | $94.59 |
| Net Operating Income | |
|---|---|
| Annual | $250,000 |
| Annual Per SF | $67.57 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,700 SF
Building Class
C
Year Built
1920
Price
$599,000
Price Per SF
$161.89
Tenancy
Single
Building Height
2 Stories
Building FAR
0.24
Lot Size
0.35 AC
Zoning
C - Commercial
Parking
14 Spaces (3.78 Spaces per 1,000 SF Leased)
Frontage
142’ on Illinois 157
1 of 44
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Weezy's | 108 S Old US Route 66
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