Pekin, IL 61554,1440 N 8th ST

$78,000

Est. payment /mo

$175,000

55.4%
Est.Price: ?

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1440 N 8th ST Pekin, IL 61554

4,208 SqFt

SOLD DATE : 08/30/2024

Key Details

Sold Price $78,000

Property Type Commercial

Sub Type Bus / Bus w/Real Est

Listing Status Sold

Purchase Type For Sale

Square Footage 4,208 sqft

Price per Sqft $18

MLS Listing ID 11992823

Sold Date 08/30/24

Annual Tax Amount $6,330

Tax Year 2022

Lot Dimensions 164X140

Property Sub-Type Bus / Bus w/Real Est

Property Description

This key property on busy IL29 sees 15,600 VPD! Be the next owner of this perfectly sized income producing restaurant! The main dining area is 34x38' with additional dining areas of 27x15 with large windows to enjoy the views outside while they dine. The bar is 25' long, bar equipment and very inviting to your diners! The property comes with (16) 4-person booths, (12) 4-person tables, (43) dining chairs, (2) high-top tables with (20) bar stools, high chairs, full bar setup, a large service counter perfect for to-go and online order prep, fully equipped kitchen with an oven, fryer, warmer, and flat top grill, free-standing coolers, walk-in cooler, multi-compartment sinks in the kitchen and bar, dishwasher, and more! There is an apartment on the 2nd floor area that is available to lease for $750/month. This property spans 2 parcels on .53 acres, is within the Court Street TIF, a Business Development District, and may offer other local incentives. The property is being sold AS-IS with all equipment, furniture, and fixtures.

Location

State IL

County Tazewell

Area Pekin

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Exterior

Utilities Available Electric to Site, Gas to Site, Sanitary Sewer

Building

Level or Stories 2

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Midwest Real Estate Data (MRED) IDX
Listed by Leah Erickson • Coldwell Banker Commercial Real Estate Group
Bought with Leah Erickson • Coldwell Banker Commercial Real Estate Group
agent

Michael Schatz

+1(312) 961-4450

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