Bar and Event Venue with Banquet
11503 Three Mile Road, Thomson, IL 61285
For Sale
Contact for pricing
A spacious entertainment property combines a working bar with a large event facility and paved guest parking.
Property SizeContact for details
Lot Size6.38 Acres
Days on Market10
Property Features for 11503 Three Mile Road
General Information
Standard status
Total Parking Spaces
Lot size
Property subtype
Restaurant
Seating Capacity
Patio
Liquor License
Additional Details
Business Included
Currently Operating
Amenities
custom woodwork
multiple televisions
gaming opportunities
storage
office space
outdoor ceremony areas
dance floors
stage
bridal suite
private restrooms
warming kitchen
dedicated bar service
Listing Agency:
RE/MAX of Rock Valley
Listed By:
JD Gieson · License IL #475189225
(815) 677-1873
Source:
Crexi
Added: Oct 31
Changed: Nov 8
Last Checked: Nov 8 at 4:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX of Rock Valley
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Investment Insights
Based on property information with market context.
This mixed-use property encompasses more than 20,000 square feet across approximately 6.38 acres, with an operating bar and banquet facility for up to 800 seated guests. Event amenities include two dance floors, a stage, bridal suite, private restrooms, warming kitchen and a separate bar service area. The bar has custom woodwork, televisions, gaming features and an outdoor patio. Office and storage areas, outdoor ceremony spaces, and paved parking for approximately 115 vehicles are also on site.
Building improvements include updated HVAC systems, rooftop units, LED lighting and upgraded electrical service. The operation hosts approximately 45 events annually. Liquor, food and gaming licenses require applicable transfer approvals. The neighboring residence is excluded from the property and may be offered separately.
Building improvements include updated HVAC systems, rooftop units, LED lighting and upgraded electrical service. The operation hosts approximately 45 events annually. Liquor, food and gaming licenses require applicable transfer approvals. The neighboring residence is excluded from the property and may be offered separately.
Key Highlights
- More than 20,000 square feet on approximately 6.38 acres
- Banquet facility accommodates up to 800 seated guests
- Two dance floors, stage, bridal suite, private restrooms and warming kitchen
Property Analytics
Who owns this building?
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
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Business Placement
Demographics for 61285, IL
2,681
Population
998
Households
2.7
Avg Household Size
41
Median Age
12%
College-Educated
76%
High-School Grad
44.4 sq mi
ZIP Area
60
Density / Sq Mi
$68,750
Median Household Income
$34,162
Median Earnings
$832
Median Rent
$165,200
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A spacious entertainment property combines a working bar with a large event facility and paved guest parking.
Where is this mixed-use property located?
The property is located at 11503 Three Mile Road Thomson, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: More than 20,000 square feet on approximately 6.38 acres; Banquet facility accommodates up to 800 seated guests; Two dance floors, stage, bridal suite, private restrooms and warming kitchen
