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    5555 N Clark St Monroe Center, IL 61052

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    For Sale
    $675,000

    Fully-equipped bar and grill near I-39 in Monroe Center.

    Property size:
    5,800 SF
    Lot size:
    1.99 Acres

    Property Features for 5555 N Clark St

    General Information

    Size
    5,800 SF
    Lot size
    1.99 Acres

    Source: LANDMARK REAL ESTATE GROUP LLC Agent C. Shane Van Sickle, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Saloon & Grill Business

    The "Double-O" Saloon & Grill is available for purchase as a real estate and turnkey business opportunity. This old-west-themed bar and grill is situated on approximately 2 acres and features a 5,800 sq. ft. space. The interior includes a 32-seat bar, a 52-seat restaurant, a private banquet room, a gaming lounge, and a billiard room. A commercial kitchen is also present, along with a patio for outdoor seating. The property was renovated in 2020 and includes all furniture, fixtures, equipment, and inventory. The establishment features an old-west decor, including custom oak and glass bar backs and a 10-tap beer station. It is located approximately 1 mile from I-39 in Monroe Center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Double-O Saloon & Grill Bar & Grill

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Hotel & Motel HVAC Service Bar & Pub Convenience Store Wine and Liquor Store Parking Facility

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

    Similar Places Nearby

    M C Tap, Maddog's Bar & Grill

    Location Insight

    • Map
    • Local Demand
    City
    Monroe Center
    County
    Ogle
    State
    Illinois
    Longitude
    -89.002955
    Latitude
    42.101496

    Nearby Similar for Sale

    • $689,000
      5,800 SF

      Prime Monroe Center Bar & Grill

      Turnkey bar/grill, established business.
      5555 Clark St, Monroe Center, IL 61052
      View Details

    FAQs

    What type of property is this?
    Bar - Fully-equipped bar and grill near I-39 in Monroe Center.
    Where is this bar located?
    The property is located at 5555 N Clark St Monroe Center, IL.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - Turnkey bar/grill business opportunity including real estate.; - Boasts a fully-appointed 5,800 sq. ft. building with bar, restaurant, banquet room, gaming lounge, billiard room, and commercial kitchen.; - Includes all furniture, fixtures, equipment, and inventory.
    (815) 979-0242
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    5555 N Clark St Monroe Center, IL 61052
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    Monroe Center, IL 61052
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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
    5555 N Clark St Monroe Center, IL 61052
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