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    20861 State Highway 100 Fieldon, IL 62031

    Sponsored
    For Sale
    $195,000

    Established Bar, High Potential, Turnkey Operation

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional opportunity presents the chance to acquire a well-established bar located at 20861 State Highway 100 in Fieldon, Illinois. Priced at $195,000, this turnkey operation sits on a 0.14-acre lot and offers a unique blend of charm and profitability. The bar is renowned for its affordable drinks and distinctive dГ©cor, attracting a loyal customer base night after night. The sale includes all fixtures and inventory, providing a seamless transition for the new owner. This is a rare chance to step into an existing business with a proven track record and a built-in clientele. The property's location in Fieldon offers convenient access for patrons, contributing to its consistent success. The business is sold "as is," allowing for immediate ownership and the potential to implement your own vision and strategies. This is an ideal investment for an experienced entrepreneur looking to expand their portfolio or for a first-time business owner seeking a ready-made operation with established customer loyalty. The strong existing customer base and the potential for further growth make this a truly compelling investment opportunity. Don't miss this chance to own a thriving business in a desirable location. Serious inquiries only. The sale includes all existing fixtures and inventory.

    Property Features for 20861 State Highway 100

    General Information

    Property type
    Other commercial real estate
    Lot Size
    6,098 SF

    Building Details

    Year Built
    1940
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Fieldon
    County
    Jersey-IL
    State
    Illinois
    Longitude
    -90.55603
    Latitude
    39.08474

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    FAQs

    What type of property is this?
    Commercial real estate - Established Bar, High Potential, Turnkey Operation
    Where is this commercial real estate located?
    The property is located at 20861 State Highway 100 Fieldon, IL.
    What is the asking price?
    The asking price for this property is $195,000.
    433-9436
    Request Owner's contact information
    20861 State Highway 100 Fieldon, IL 62031
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    20861 State Highway 100
    Fieldon, IL 62031
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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
    20861 State Highway 100 Fieldon, IL 62031
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