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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
- Turnkey bar and restaurant positioned directly on historic Route 66, creating powerful built-in visibility and destination appeal.
- Large outdoor patio ideal for live music, events, and expanded seasonal revenue opportunities.
- Upper level offers office space plus a separate-entrance loft suitable for short- or long-term rental income.
- Fully equipped operation including a spacious bar with wrap-around counter, gaming area, commercial kitchen, and walk-in freezer.
Executive Summary
An exceptional opportunity awaits to acquire a fully operational bar and restaurant located in the heart of Hamel, Illinois, positioned directly along the iconic Route 66. This well-established property offers excellent visibility, strong local presence, and a versatile layout suited for a variety of food, beverage, and entertainment concepts.
The main level features an inviting bar anchored by a wraparound counter, a designated gaming area, and a fully equipped commercial kitchen complete with a walk-in freezer. A spacious outdoor patio provides an ideal setting for events, live entertainment, and expanded seasonal service, enhancing revenue potential and guest experience.
The upper level includes a private office along with a loft space that offers its own separate entrance. This flexible area is perfectly suited for short-term or long-term rental use, providing an additional income stream or convenient on-site accommodations. The full basement delivers ample storage capacity and potential for future build-out or operational expansion.
Adding even more value, the property includes a separate two-bedroom, one-bath home on the same parcel, ideal for rental income, staff housing, or owner occupancy.
This unique offering is well-suited for entrepreneurs, investors, or operators seeking to own a renowned piece of Route 66 history while maximizing multiple income opportunities. With its prime location, existing infrastructure, and diverse revenue potential, this property stands out as a rare and attractive investment. Schedule your showing today.
The main level features an inviting bar anchored by a wraparound counter, a designated gaming area, and a fully equipped commercial kitchen complete with a walk-in freezer. A spacious outdoor patio provides an ideal setting for events, live entertainment, and expanded seasonal service, enhancing revenue potential and guest experience.
The upper level includes a private office along with a loft space that offers its own separate entrance. This flexible area is perfectly suited for short-term or long-term rental use, providing an additional income stream or convenient on-site accommodations. The full basement delivers ample storage capacity and potential for future build-out or operational expansion.
Adding even more value, the property includes a separate two-bedroom, one-bath home on the same parcel, ideal for rental income, staff housing, or owner occupancy.
This unique offering is well-suited for entrepreneurs, investors, or operators seeking to own a renowned piece of Route 66 history while maximizing multiple income opportunities. With its prime location, existing infrastructure, and diverse revenue potential, this property stands out as a rare and attractive investment. 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
Property Taxes
| Parcel Number | 11-1-10-14-06-102-002-001 | Total Assessment | $93,030 |
| Land Assessment | $14,080 | Annual Taxes | $6,474 ($1.75/SF) |
| Improvements Assessment | $78,950 | Tax Year | 2024 |
Property Taxes
Parcel Number
11-1-10-14-06-102-002-001
Land Assessment
$14,080
Improvements Assessment
$78,950
Total Assessment
$93,030
Annual Taxes
$6,474 ($1.75/SF)
Tax Year
2024
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Weezy's | 108 S Old US Route 66
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