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406 Cherry Ave - Blackstone Bar & Grill 2,547 SF Sports & Entertainment Building Offered at $385,000 in Rochelle, IL 61068



Investment Highlights
- Current tenant active bar/restaurant
Executive Summary
Owner financing to qualified buyer on this complete "Turn Key" Business. This property & business has a thriving restaurant/Bar history with stage for entertainment, great gaming revenue stream, and approx. 75+ seating capacity. Some of the features of this property are: Full bar, All new coolers, new bar and countertops, New liquor cabinets, New draft system, New hi & low top tables & chairs, All new flooring, Stage complete with LED wi-fi lighting system and stage lights, Built in streaming for DJ, marketing/advertising spots. There are several TV's within, including a 130", 75" and 2 65" flat screens. This property is being offered as a "turnkey" operation, fully staffed, and established business. The gaming revenue is an additional plus for the business. Also included is a 3 bedroom fully remodeled apartment above to create additional revenue, or for the owner/operator to live. This property has been updated through and through. Check it out today, and be your own boss tomorrow !!!
Property Facts
| Price | $385,000 | Lot Size | 0.05 AC |
| Price Per SF | $151.16 | Building Size | 2,547 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Sale Condition | Business Value Included | Year Built/Renovated | 1920/2024 |
| Property Type | Sports & Entertainment | Opportunity Zone |
Yes
|
| Price | $385,000 |
| Price Per SF | $151.16 |
| Sale Type | Investment or Owner User |
| Sale Condition | Business Value Included |
| Property Type | Sports & Entertainment |
| Lot Size | 0.05 AC |
| Building Size | 2,547 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1920/2024 |
| Opportunity Zone |
Yes |
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Property Taxes
| Parcel Number | 24-24-382-006 | Improvements Assessment | $20,269 |
| Land Assessment | $4,223 | Total Assessment | $24,492 |
Property Taxes
Parcel Number
24-24-382-006
Land Assessment
$4,223
Improvements Assessment
$20,269
Total Assessment
$24,492
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406 Cherry Ave - Blackstone Bar & Grill
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