Bar and Grill
For Sale
$679,000
112 W Adams Avenue, Altamont, IL 62411
Bar and grill with a rented upstairs apartment and a private room for events.
Property SizeContact for details
Days on Market52
Property Features for 112 W Adams Avenue
General Information
Standard status
Active
Total Parking Spaces
30
Zoning
COM
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$6,520
Amenities
Two
yes
2
Electric Water Heater
Central Air
Electric
Public Records
Rubber
Public Sewer
200+ Amp Service
no
Public
0.14
30
Acres
On Street
Slab
City Street
6098
Brick
Building Details
Year Built
1900
Stories
2
Listing Agency:
(217) 820-0182
Listed By:
Josh Burgener
(217) 820-0182
Source:
Jburgenerrealty.idxbroker
Added: Jul 1
Changed: Aug 20
Last Checked: Aug 20 at 4:04AM
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 Josh Burgener
Investment Insights
Based on property information with market context.
Luke’s Bar & Grill is a long-running neighborhood restaurant in Altamont, operating since 2000. The property includes a main bar and grill and offers a private room for parties, reunions, and other gatherings. An upstairs apartment is currently rented.
Recent improvements include a recently renovated roof and replacement of most kitchen appliances within the last five years, supporting day-to-day food preparation and service. The establishment also features gaming options suitable for all ages.
Street lighting is noted in the surrounding community features. For additional details and tour information, contact the listing agent.
Recent improvements include a recently renovated roof and replacement of most kitchen appliances within the last five years, supporting day-to-day food preparation and service. The establishment also features gaming options suitable for all ages.
Street lighting is noted in the surrounding community features. For additional details and tour information, contact the listing agent.
Key Highlights
- Brick bar & grill with a 2‑story layout and central air cooling
- Upstairs apartment is currently rented and provides additional income/living space
- Private room available for events including parties and reunions
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
221
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 62411, IL
4,408
Population
1,932
Households
2.3
Avg Household Size
40
Median Age
20%
College-Educated
92%
High-School Grad
85.3 sq mi
ZIP Area
52
Density / Sq Mi
$75,932
Median Household Income
$44,815
Median Earnings
$864
Median Rent
$139,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Bellas Gaming and Spirits — 205 N Main St, Altamont, IL 62411
- Whistle Stop Tavern — N 2nd St, Altamont, IL 62411
- Luke's Bar & Grill — 112 W Adams Ave, Altamont, IL 62411
Frequently Asked Questions
What type of property is this?
Bar & Pub - Bar and grill with a rented upstairs apartment and a private room for events.
Where is this bar & pub located?
The property is located at 112 W Adams Avenue Altamont, IL.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: Brick bar & grill with a 2‑story layout and central air cooling; Upstairs apartment is currently rented and provides additional income/living space; Private room available for events including parties and reunions
