The Lucky Pig 207 E Main St 1,110 SF Retail Building Toledo, IL 62468 $185,000 ($166.67/SF)
INVESTMENT HIGHLIGHTS
- One of only two establishments in Toledo with a video gambling license.
- Annual average of over $300,000 in NTI since 2021.
- Turnkey opportunity.
EXECUTIVE SUMMARY
An exceptional investment opportunity awaits at The Lucky Pig, one of only two establishments with licensed gambling in Toledo, IL. This well-established slot machine parlor and bar combines a welcoming atmosphere with profitable gaming facilities. generating an impressive Net Terminal Income exceeding $300,000 annually over the last three years. Add the additional revenue from alcohol and food sales as well as the income from the ATM and jukebox, and it is easy to see why these businesses are sought after. The 1,110-square-foot space features a gaming room with 6 machines, a granite-topped, L-shaped bar, and cozy seating with nostalgic decor. With both the business and the building being sold together, The Lucky Pig offers a turnkey setup for a smooth transition. Situated on a 0.38-acre lot with ten parking spaces and a detached garage, this unique business is poised for continued success. Schedule a tour to explore this rare opportunity today.
TAXES & OPERATING EXPENSES (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$1,722
|
$1.55
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$1,722
|
$1.55
|
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
1,110 SF
Year Built/Renovated
1919/2020
Price
$185,000
Price Per SF
$166.67
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.38 AC
Zoning
Commercial
Parking
10 Spaces (9.01 Spaces per 1,000 SF Leased)
Frontage
105’ on IL Route 121
AMENITIES
- Signage
- Air Conditioning
- Fiber Optic Internet
PROPERTY TAXES
| Parcel Number | 08-30-313-009 | Total Assessment | $25,667 |
| Land Assessment | $7,937 | Annual Taxes | $1,722 ($1.55/SF) |
| Improvements Assessment | $17,730 | Tax Year | 2023 Payable 2024 |
