8 Carriage Ln Altamont, IL 62411
This exceptional 2.64-acre property in Altamont, Illinois, presents a unique opportunity to acquire the established Carriage House Event Center. This premier event venue boasts a sophisticated ambiance, ideal for weddings, corporate functions, and large-scale celebrations. The spacious interior comfortably accommodates up to 450 guests, featuring high ceilings, exquisite chandeliers, and customizable lighting to create the perfect atmosphere for any occasion. The building is equipped with commercial-grade appliances, ensuring seamless operation for catering and event services. The Carriage House Event Center has cultivated a strong reputation for exceptional service and memorable events, establishing a loyal clientele and a proven track record of success. The property's prime location in Altamont offers convenient access for guests and ample parking. This turnkey operation presents a compelling investment opportunity for those seeking to enter or expand within the thriving hospitality industry. The established reputation and existing infrastructure provide a solid foundation for continued growth and profitability. The sale includes all existing fixtures and equipment, allowing for immediate operation upon acquisition. This is a rare chance to own a well-regarded and successful event center in a desirable location. The asking price is $2,400,000.
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Carriage House Event Center Wedding Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
Physical attributes from public recordsZoning & alternative use
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Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.