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212 S Main Street

Hillsboro, IL 62049
  • $550,000
  • STATUS: Active
  • ON SITE: 224 Days
  • MLS #: 11901106
UPDATED: 71 min ago
$550,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:
Area:

School Ratings & Info

Description

Opportunity knocks! Hillsboro's downtown gem, perfect for the savvy investors! Can be sold separately- $300,000 for the restaurant, $250,000 for the bar* Turn key operation in a prime location* Two brick buildings, 22,000 sq. ft. total, with buildings being 12,000 s.f. and 10,000 s.f.* New roof on both buildings* Thriving business with a great cash flow* Buildings are 3 stories with a full finished basement* Living quarters w/ 3 bedrooms on the top floor* Spacious, fully equipped kitchen w/ refrigerators and freezers* Handicapped access to the restaurant, bar, and bathrooms* A full service restaurant offers breakfast, lunch, dinner, as well as catering and banquets* The bar has slot machines, darts, a dance floor as well as DJ appearances* Broker projection is based on the robust current business and its capacity* HIGHLY CONFIDENTIAL sale, please direct any questions/inquiries to the LA only* Please do NOT approach employees* Sold AS IS* Act NOW!

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2024-05-17T22:01:26.27 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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212 S Main Street Hillsboro, IL 62049

  • Price: $550,000
  • Status: Active
  • On Site: 224 Days
  • Updated: 71 min ago
  • MLS #: 11901106
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Hillsboro
County:
Montgomery
Area:
Hillsboro
Property Description
Opportunity knocks! Hillsboro's downtown gem, perfect for the savvy investors! Can be sold separately- $300,000 for the restaurant, $250,000 for the bar* Turn key operation in a prime location* Two brick buildings, 22,000 sq. ft. total, with buildings being 12,000 s.f. and 10,000 s.f.* New roof on both buildings* Thriving business with a great cash flow* Buildings are 3 stories with a full finished basement* Living quarters w/ 3 bedrooms on the top floor* Spacious, fully equipped kitchen w/ refrigerators and freezers* Handicapped access to the restaurant, bar, and bathrooms* A full service restaurant offers breakfast, lunch, dinner, as well as catering and banquets* The bar has slot machines, darts, a dance floor as well as DJ appearances* Broker projection is based on the robust current business and its capacity* HIGHLY CONFIDENTIAL sale, please direct any questions/inquiries to the LA only* Please do NOT approach employees* Sold AS IS* Act NOW!
Exterior Features

Frontage Type City Street Lot Size .50-.99 Acre Outdoor Parking Common ParkingParking On-SiteParking-Street Parking Total 0 Waterfront YN No

Interior Features

Cooling Central AirZoned Heat Ventilation ElectricGas

Property Features

Additional Parcels YN Yes Adjusted Net Income 220000 Adjusted Net Income Year 2022 Annual Rent For Real Estate 0 Building Area Total 22000 Business Age 7-10 Years Business Type Bar/Tavern/LoungeFood & Beverage Corporate Limits Hillsboro Gross Profit Year 2022 Gross Sales Annual 1000000 Gross Sales Annual Year 2022 Location High Traffic Area Mls Actual Status Active Operating Expense 780000 Property Offered For Sale Only Real Estate Included Yes Sale Price Includes BuildingBusinessEquipmentTrade FixturesInventoryBusiness Name Tax Annual Amount 3569 Tax Year 2022 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatTaxesInsuranceRepairsRoofSewer Type Bus / Bus w/Real Est Type Of Lease None Zoning COMMR

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of RE/MAX of Naperville: 630-420-1220.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2024-05-17T22:01:26.27 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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