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Retail Building with Gaming Cafe

126 S Main Street Gilman, IL 60938

126 S Main Street, Gilman, IL, 60938
$139,900
For Sale
$139,900

Extensively renovated retail building operating a gaming cafe and an antique mall with 13 vendors.

Days on Market106

Property Features for 126 S Main Street

General Information

Standard status
Active
Property subtype
Business Opportunity
Listing agency @properties Christie's International Real Estate
Listed by Jerrick Longest
Source Birdrealtysells
Added: Apr 9 Updated: Jul 21 at 2:14AM Checked: Jul 22 at 5:54AM

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 @properties Christie's International Real Estate


Investment Insights

Based on property information with market context.

This retail property is offered for sale with two established business operations on site: a gaming cafe and an antique mall. The antique mall currently includes 13 vendors, generating annual booth income of approximately $15,330 plus an additional $6,000 in mall retail sale percentage fees. The gaming cafe is described as having a steady income stream and includes room to expand the menu for additional revenue.

Recent improvements include new signage on both sides of the building and an extensive renovation in 2018. Updates listed include a newer HVAC system on the main level, partial roof replacement, new insulation (including spray foam insulation in some areas), new steel siding, tuckpointing, newer plumbing and electrical supplies, and newer floor joists and subfloor throughout much of the building.

The building is positioned to support continued retail and entertainment use as currently operated, with the owner also open to discussions regarding additional business uses. Call for a property tour or more information.

Key Highlights

  • Extensively renovated retail building operating a gaming cafe plus an antique mall with 13 vendors.
  • Antique mall booth income of approx. $15,330 annually, plus approx. $6,000 in retail percentage fees.
  • Gaming cafe provides steady income and can be expanded by adding menu options for additional revenue.

Property Analytics

Location Intelligence

Current Use by Public Records

Antiques & More On 24 ... Home Decor Store Gilman Gaming LLC Gambling House

Suggested Use

Real Estate Agency Parking Lot & Garage Hair Salon HVAC Service Electrical Service Law Firm Building Supply Garden Center Computer & Electronic Repair Veterinary Clinic

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

FAQs

What type of property is this?
Retail space - Extensively renovated retail building operating a gaming cafe and an antique mall with 13 vendors.
Where is this retail space located?
The property is located at 126 S Main Street Gilman, IL.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: Extensively renovated retail building operating a gaming cafe plus an antique mall with 13 vendors.; Antique mall booth income of approx. $15,330 annually, plus approx. $6,000 in retail percentage fees.; Gaming cafe provides steady income and can be expanded by adding menu options for additional revenue.
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