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    3729 248Th St Hillsdale, IL 61257

    Sponsored
    For Sale
    $299,900

    Established Bar/Grill, I-88 Access, High Traffic

    Property size:
    3,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This thriving 3,500 square foot bar and grill presents a unique turnkey opportunity in Hillsdale, Illinois. Strategically located just off Interstate 88, this well-established business boasts a loyal customer base and benefits from high visibility and convenient access. The sale includes all furniture, fixtures, and equipment, allowing for immediate operation with minimal upfront investment. Recent significant improvements have been made to the property, enhancing its functionality and appeal. These upgrades encompass a complete overhaul of the electrical and plumbing systems, the installation of a durable steel roof, and the modernization of major mechanical components. Furthermore, the property features comfortable outdoor patio seating, expanding its capacity and creating an inviting atmosphere for patrons. The 0.54-acre lot provides ample space for potential expansion or outdoor activities. This turnkey operation offers a rare chance to acquire a profitable, established business with a strong foundation for continued success. Financial records are available upon request to qualified buyers. The asking price is $299,900. This is an exceptional opportunity for an experienced restaurateur or a savvy investor seeking a proven business model in a prime location. Don't miss out on this chance to own a thriving establishment with a loyal customer base and significant recent upgrades.

    Property Features for 3729 248Th St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,500 SF
    Lot Size
    23,522 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Jammerz Roadhouse Bar & Grill RiverStone Group, Inc ... Quarry Midway Stone Business Park

    Suggested Use

    Building Supply Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Hillsdale
    County
    Rock Island
    State
    Illinois
    Longitude
    -90.2776
    Latitude
    41.55817

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    FAQs

    What type of property is this?
    Commercial real estate - Established Bar/Grill, I-88 Access, High Traffic
    Where is this commercial real estate located?
    The property is located at 3729 248Th St Hillsdale, IL.
    What is the asking price?
    The asking price for this property is $299,900.
    Request Owner's contact information
    3729 248Th St Hillsdale, IL 61257
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    Hillsdale, IL 61257
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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
    3729 248Th St Hillsdale, IL 61257
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