302 N Main Avenue
Ladd, IL, 61329 $ 100,000
Baths0.0 Sq 1,695 Monthly Estimate*
$ 665
Studio
for $100,000. This 1,695 square foot building was built in 1900 on a lot size of 0.07174.
Welcome to this exceptional opportunity to own a fully equipped bar in the heart of Ladd, IL. Steeped in the rich history of being an original Schlitz bar, this establishment "pours" character and charm, making it a standout in the area. Conveniently located just a mile from I-80, it offers easy access for patrons. This building boasts a unique history as an original Schlitz bar, adding to its appeal and character. With ample seating, including 10 tables, 50 seats, and 12 bar stools, there's plenty of space for patrons to relax and enjoy. Equipped with 18 taps, 2 display coolers, soda lines, a flat top, 2-burner stove, 2 ovens, prep station, 2 fryers, steam table, and a commercial refrigerator, this bar has everything needed to cater to guests' needs. In addition to the main bar area, there's an extra room ideal for overflow dining, dancing, gaming, or any other creative use. Recent repairs and upgrades including a new AC unit (2018), roof (2010), dining hall floor (2018), and updated tables and chairs (2018) ensure a well-maintained and inviting atmosphere. The sale includes all equipment, inventory, and decorations, making it a seamless transition for any prospective owner. A dry basement offers ample storage space and convenient access both from inside and behind the bar. Perfect for adding gaming options, this space provides an opportunity to attract a diverse clientele. Don't miss out on this rare opportunity to own a piece of local history while stepping into a thriving business venture. Schedule a viewing today!
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FeaturesGeneralCooling Central Air
Possession Closing
Zoning COMMR
Year Built 1900
Electric Circuit Breakers
Tenant Pays Other
Stories 1
Township Hall
Property SubType Other
Tax Year 2022
County Bureau
Net Operating Income 0
Property Type Commercial Sale Retail/Stores
Status Active
Directions I 80 to N on IL Rt 89 to property
City Ladd
MLS Area Ladd
Lot Size Square Feet 3125
Street Name Main
Tax Annual Amount 2022
Additional Parcels Y/N N
Leasable Area 1695
Days on Market 8
Standard Status Active
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ExteriorBuilding Area Total 1695
Lot Dimensions 25X125
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* Excluded FeaturesList ByO'neil Property Group, LlcBroker
frank@frankpetersonbroker.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $665
- Monthly Property Taxes
- $169
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Ladd, IL
Average List Price $149,950
Percent of Sale Price 50%
About Ladd, IL 1,222 Population
-6% Since 2002
$ 59,244 Median Income
41.93 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
5/18/2024 | $100,000 | | Listed Price |
302 N Main Avenue, Ladd, IL, 61329 is a Commercial Property for sale at $100,000 with 1,695 sqft and a lot size of 0.07174. 302 N Main Avenue is a studio with 0.0 baths and was built in 1900. The property's zip code is 61329 which is in Ladd, IL