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    1051 E North Ave Flora, IL 62839

    For Sale
    $425,000

    Commercial Business, Other - Flora, IL

    Property size:
    2,585 SF
    Lot size:
    0.30 Acres
    Days on Market:
    284
    Last Refresh:
    Dec 15 at 5:06 am

    Property Features for 1051 E North Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    1025237021
    Parking features
    Garage
    Size
    2,585 SF
    Lot size
    0.30 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1975
    Year renovated
    1975
    Floors in Building
    1
    Building materials
    Brick
    Roof type
    Asphalt, Rubber
    Architectural style
    Other

    AMY LEE REALTY LLC

    Listing agent Amy Bailey (618) 662-3170

    Listing date Mar 7, 2025

    MLS# 11262979 Listing URL

    Copyright © 2025 My State 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

    Turnkey Gaming Lounge, Store, and Bar

    This turnkey, fully functional gaming lounge, store, bar, and venue offers an exceptional business opportunity. The property spans over 2500 square feet and includes a side lounge currently used for gaming. The bar area is designed to seat several patrons and opens to a large addition completed in 2020. The bar features speed bars, under-counter coolers, a large sink, and a custom-built bar. The addition includes an oversized stage area, a pool table area, and tables and chairs for additional seating. The store section has a layout with two walls of coolers. A drive-through adds to the business potential. The property includes two walk-in cold coolers, one walk-in dry cooler, and a massive storage room, along with additional storage space. Two handicap-accessible bathrooms are available. Situated on a spacious corner location with a high traffic count from both the town and an industrial park, the property offers excellent visibility on the edge of town. Fixtures, furniture, product stock, and most of the equipment are included. The property is located in Flora, IL, and sits on a 0.3-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    East End Still ... Liquor Store Grain Systems Inc ... Farm Equipment Supplier

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    JD's Bar Holly & Joey

    Location Insight

    • Map
    • Local Demand
    City
    Flora
    County
    Clay
    State
    Illinois
    Longitude
    -88.470626
    Latitude
    38.673288

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    FAQs

    What type of property is this?
    Bar - Turnkey gaming lounge, store, bar, and venue with high visibility.
    Where is this bar located?
    The property is located at 1051 E North Ave Flora, IL.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - Turnkey gaming lounge, store, bar, and venue business opportunity.; - Includes fixtures, furniture, product, stock, and most equipment.; - Over 2500 sq ft of space with a side lounge, bar area, large addition with stage, pool table area, and store section.
    (618) 662-3170
    Request Owner's contact information
    1051 E North Ave Flora, IL 62839
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    Flora, IL 62839
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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
    1051 E North Ave Flora, IL 62839
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