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403 S Main St 5,708 SF Retail Building Wilmington, IL 60481 $849,750 ($148.87/SF)

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EXECUTIVE SUMMARY

Outstanding opportunity awaits! Bank owned restaurant in immaculate condition with extensive high quality professional equipment awaiting your business to open immediately. Brick construction with office/ apartment on second floor. Interior features gaming section, multiple bar areas, huge professional kitchen with all equipment included ( detailed equipment list available) Ample parking. Located near Rt 66 and all of the surrounding growing communities. Call or email for additional information and to schedule private showing today!~

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
REO Sale
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,708 SF
Building Class
C
Year Built
2021
Price
$849,750
Price Per SF
$148.87
Tenancy
Single
Building Height
2 Stories
Building FAR
0.33
Lot Size
0.40 AC
Zoning
B-2 - Light Commercial District
Parking
12 Spaces (2.1 Spaces per 1,000 SF Leased)
Frontage
141’ on North Main Street

AMENITIES

  • Corner Lot

NEARBY MAJOR RETAILERS

U.S. Bank
Old National Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-17-25-330-003
Land Assessment
$18,420
Improvements Assessment
$300,000
Total Assessment
$318,420
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 38890840

  • Date on Market: 12/23/2025

  • Last Updated:

  • Address: 403 S Main St, Wilmington, IL 60481

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