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143 Illinois Rte Pocahontas, IL 62275

Sponsored
For Sale
$380,000

Established Restaurant/Bar with 4.84 Acres

Description

Added:
Feb 3, 2025
Days on Market:
340
This thriving Pocahontas, IL commercial property presents a unique investment opportunity. Located on Illinois Route N, this well-established restaurant and bar boasts a prime location with a daily traffic count of 2300 vehicles. Just 20 minutes from Carlyle Lake, the business benefits from significant tourist traffic and a strong local clientele. The current operation includes a full-service restaurant serving food until 8 PM nightly, complemented by live music performances several nights a week. Amenities include a full bar with darts, a pool table, and a jukebox, providing ample entertainment options. An outdoor stage, patio, and bar area cater to larger events and outdoor gatherings. Extensive renovations completed in 2023 encompass kitchen and bar improvements, new equipment throughout, updated flooring in the dining room and bar, two new water heaters, and inspected/updated refrigeration and AC units. The property also includes an additional 4 acres of land behind the building, offering significant potential for future expansion or additional parking to accommodate the outdoor live music events. The high volume of traffic and existing infrastructure make this a turnkey operation with significant upside potential. The property's zoning allows for the addition of gaming machines and lottery sales, presenting further avenues for revenue generation. This is a rare opportunity to acquire a profitable, established business with substantial growth potential in a desirable location.

Property Features for 143 Illinois Rte

General Information

Property type
Other commercial real estate
Lot Size
210,830 SF

Building Details

Year Built
1998

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Pocahontas
County
Bond-IL
State
Illinois
Longitude
-89.54594
Latitude
38.82631

FAQs

What type of property is this?
Commercial real estate - Established Restaurant/Bar with 4.84 Acres
Where is this commercial real estate located?
The property is located at 143 Illinois Rte Pocahontas, IL.
What is the asking price?
The asking price for this property is $380,000.
More about this property
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