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402 W Deck St 2,984 SF 100% Leased Retail Building New Douglas, IL 62074 $340,000 ($113.94/SF)

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INVESTMENT HIGHLIGHTS

  • 12x16 Outdoor Stage for Entertainment
  • Multiple Storage Rooms

EXECUTIVE SUMMARY

Strong investment opportunity with established local recognition and multiple income-driving components. Formerly operating as the Sweetwater Saloon, this property has been a consistent draw for both weekday and weekend traffic. The building offers nearly 2,000 sq ft of interior seating, plus a large covered patio and outdoor entertainment area—ideal for maximizing capacity and event revenue. The 12x16 outdoor stage has supported a steady lineup of local musicians, many of whom booked months to a year in advance, bringing in reliable crowd volumes. Multiple storage rooms and convenient exterior access streamline operations, deliveries, and future expansion of services. A large parking lot supports high-traffic events, with room to add more if desired. Property is being offered with equipment in place for a true turn-key transition. Full inventory list available upon request. Ideal for investors looking for a proven venue with strong community presence and significant upside potential. Video Gaming no longer present.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
2,984 SF
Building Class
C
Year Built
1925
Price
$340,000
Price Per SF
$113.94
Percent Leased
100%
Building Height
1 Story
Building FAR
0.11
Lot Size
0.63 AC

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Chasers Lounge LLC
  • Accommodation and Food Services
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Chasers Lounge LLC Accommodation and Food Services - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-2-06-16-10-104-023
Land Assessment
$5,170
Improvements Assessment
$22,120
Total Assessment
$27,290
  • Listing ID: 38625453

  • Date on Market: 12/2/2025

  • Last Updated:

  • Address: 402 W Deck St, New Douglas, IL 62074

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