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    101 E Devore Ave Pearl City, IL 61062

    For Sale
    $350,000

    Business/Retail - PEARL CITY, IL

    Type:Retail
    Days on Market:
    173
    Last Refresh:
    Dec 5 at 4:06 pm

    Property Features for 101 E Devore Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    021709154001

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Building materials
    Other
    Roof type
    Rubber
    Architectural style
    Other

    Jim Sullivan Realty (815) 947-9040 [email protected]

    Listing agent KATIE MCPEEK (815) 947-9040 License #475133587

    Listing date Jun 16, 2025

    MLS# 202503255 Listing URL

    Copyright © 2025 Rockford Area MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Restaurant and Bar Opportunity

    An establishment known for its popular burgers is available for purchase. Route No. 73 Brew & Chew is a turn-key restaurant and bar ready for a new owner to continue its success or create a unique concept. The sale includes real estate, equipment, and a dedicated staff. The owner is willing to share knowledge of the business and recipes. The space spans over 6,000 sq ft and includes a dining room, bar, kitchen, and office. A lounge area provides an intimate setting for private gatherings or can be transformed into additional dining space or a video gaming lounge. Above the restaurant, a spacious, unfinished area presents opportunities for business expansion, staff housing, or rental income. The building has been continually updated with routine maintenance, stylish furnishings, and welcoming décor. Seller financing is available for qualified buyers. The property is located in Pearl City, IL.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Building Supply Auto Repair Shop Wholesale Shop Daycare Center Kitchen & Bath HVAC Service Bar & Pub Convenience Store Laundry Service Tailor Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Route No. 73 Brew & Chew, Little John's Tap

    Location Insight

    • Map
    • Local Demand
    City
    Pearl City
    County
    Stephenson
    State
    Illinois
    Longitude
    -89.825848
    Latitude
    42.265289

    Nearby Similar for Sale

    • $225,000

      Self-Storage Facility Investment Opportunity

      27-unit self-storage facility with expansion potential in Pearl City, IL.
      200-208 North St E, Pearl City, IL 61062
      View Details

    FAQs

    What type of property is this?
    Bar - Restaurant and bar with real estate, equipment, and dedicated staff.
    Where is this bar located?
    The property is located at 101 E Devore Ave Pearl City, IL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Turn-key restaurant and bar, real estate, equipment, and dedicated staff included.; - Established business known for popular burgers with a loyal customer base.; - Seller financing available for qualified buyers.
    (815) 947-9040
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    101 E Devore Ave Pearl City, IL 61062
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    Pearl City, IL 61062
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 E Devore Ave Pearl City, IL 61062
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