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For Sale: Real Estate & Turnkey Bar / Grill 5555 N Clark St 5,800 SF Retail Building Monroe Center, IL 61052 For Sale
INVESTMENT HIGHLIGHTS
- Gordeous Remodel in 2020
- Active Gaming Parlour
- Full Commercial Kitchen
- Turnkey - Furniture, Fixtures, Equipment, Inventory Included
- Rte. 72 frontage (2,600 ADT) | Close Proximity to Rockford, IL (MSA +/- 350,000) | Signage on I-39 (1 mi - 32,000 ADT)
EXECUTIVE SUMMARY
REAL ESTATE & TURNKEY BAR / GRILL BUSINESS
- - - - - - - - - - - - FOR SALE - - - - - - - - - - - -
Experience the charm of the "Double-O" Saloon & Grill! This fully-appointed, old-west-themed bar and grill on approximately 2 acres offers a 5,800 sq. ft. space boasting an exquisite 32-seat bar, a 52-seat restaurant, private banquet room, gaming lounge, billiard room, commercial kitchen, and a patio for outdoor enjoyment. Recently renovated in 2020, the property includes all furniture, fixtures, equipment, and inventory for a seamless transition. With a captivating old-west décor, highlighted by custom oak/glass bar backs and a 10-tap beer station, this establishment is a turnkey opportunity ready for its next owner to thrive. Conveniently located just 1 mile from I-39, this property presents a fantastic investment in Monroe Center. Don't miss the chance to own this iconic saloon and entertainment venue - schedule your viewing today!
- - - - - - - - - - - - FOR SALE - - - - - - - - - - - -
Experience the charm of the "Double-O" Saloon & Grill! This fully-appointed, old-west-themed bar and grill on approximately 2 acres offers a 5,800 sq. ft. space boasting an exquisite 32-seat bar, a 52-seat restaurant, private banquet room, gaming lounge, billiard room, commercial kitchen, and a patio for outdoor enjoyment. Recently renovated in 2020, the property includes all furniture, fixtures, equipment, and inventory for a seamless transition. With a captivating old-west décor, highlighted by custom oak/glass bar backs and a 10-tap beer station, this establishment is a turnkey opportunity ready for its next owner to thrive. Conveniently located just 1 mile from I-39, this property presents a fantastic investment in Monroe Center. Don't miss the chance to own this iconic saloon and entertainment venue - schedule your viewing 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
Property Type
Retail
Property Subtype
Building Size
5,800 SF
Building Class
C
Year Built/Renovated
2002/2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.99 AC
Parking
64 Spaces (11.03 Spaces per 1,000 SF Leased)
AMENITIES
- Corner Lot
- Restaurant
- Signage
PROPERTY TAXES
| Parcel Number | 12-21-252-001 | Total Assessment | $107,907 |
| Land Assessment | $18,190 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $89,717 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
12-21-252-001
Land Assessment
$18,190
Improvements Assessment
$89,717
Total Assessment
$107,907
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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Presented by
LandMark Real Estate Group LLC
For Sale: Real Estate & Turnkey Bar / Grill | 5555 N Clark St
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