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    120 Main St Brussels, IL 62013

    Sponsored
    For Sale
    $199,000

    Turnkey Business, High Growth Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional opportunity presents the chance to acquire AJ's Bar & Grill, a thriving commercial establishment situated at 120 E Main Street in Brussels, Illinois. This one-acre property boasts a fully operational bar and commercial kitchen, ready for immediate operation. The business benefits from a loyal customer base, further enhanced by transferable gaming and slot machines, generating supplemental income. A well-established dart league provides consistent patronage. The outdoor area, complete with seating and a sand volleyball pit, draws significant summer crowds, capitalizing on the property's picturesque location along the Illinois River Road. The substantial full walkout basement presents significant expansion possibilities. This could include developing additional entertainment space, creating office rental units, or even converting a portion into a private residence. The property's prime location ensures high visibility and attracts customers from scenic drives, particularly during the busy summer months. Financial details are available upon request for qualified buyers. This turnkey business offers tremendous growth potential for an owner-operator or entrepreneur looking to capitalize on an already successful venture. The asking price is $199,000.

    Property Features for 120 Main St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    43,560 SF

    Building Details

    Year Built
    1993
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Wholesale Shop HVAC Service Bar & Pub Grocery Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Brussels
    County
    Calhoun-IL
    State
    Illinois
    Longitude
    -90.58688
    Latitude
    38.94928

    FAQs

    What type of property is this?
    Commercial real estate - Turnkey Business, High Growth Potential
    Where is this commercial real estate located?
    The property is located at 120 Main St Brussels, IL.
    What is the asking price?
    The asking price for this property is $199,000.
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    120 Main St Brussels, IL 62013
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    Brussels, IL 62013
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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
    120 Main St Brussels, IL 62013
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