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- LoopNet Team
7400 Archer Rd
Justice, IL 60458
Chet's Melody Lounge · Retail Property For Sale

PROPERTY FACTS
- Restaurant
- General Retail Bar
- General Retail Freestanding
AMENITIES
- Signage
ABOUT 7400 ARCHER RD , JUSTICE, IL 60458
Great opportunity for the savvy entrepreneur to purchase long standing, well-established, free-standing, mixed use building offering retail space and residential rental unit. Current use as bar/restaurant provides excellent cash flow. Additional income provided by multiple video gaming terminals, with room for more. This charming and unique bar & restaurant has been part of the community since 1963. Opportunity to keep current business model or change to yours. 3,275 square feet free standing building houses bar/restaurant and large vacant 2-bedroom apartment, providing opportunity for additional residential income. The real estate includes .75 acres of land composed of two separate parcels. The building is situated on .36 acres with the second parcel being mainly vacant and gravel, consisting of nearly .39 acres. The bar & restaurant has so much history, charm, and character. Turn-key opportunity. 5 video gaming terminals currently, with room for more. Functional kitchen. Full basement allows for additional storage. Large outdoor grass picnic area with stage, perfect for parties, picnics, and music. Expansive outdoor wooden pavilion built in 2019 provides plenty of outdoor seating. Property has been lovingly maintained but being sold "As - Is". Additional information including address, pictures, and financials will only be provided to qualified and vetted buyers. Proof of funds or lender approval letter required. Please do not contact management, staff, or customers directly. Confidentiality agreement to be signed by buyer and agent. On high traffic road with estimated daily traffic counts over 15,000.
PROPERTY TAXES
| Parcel Numbers |
Multiple
|
Improvements Assessment | $24,629 |
| Land Assessment | $18,669 | Total Assessment | $43,298 |
PROPERTY TAXES
- 18-26-109-037-0000
- 18-26-109-038-0000
Listing ID: 24663705
Date on Market: 12/14/2021
Last Updated:
Address: 7400 Archer Rd, Justice, IL 60458
The Retail Property at 7400 Archer Rd, Justice, IL 60458 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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