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Event Venue and Bar Facility
For Sale
$750,000

662 Park Avenue, Genoa, IL 60135

Multi-use entertainment venue with indoor bars, dining, stage, and a commercial kitchen on a large outdoor event area.

Property Size165,528 SF
Lot Size3.80 Acres
Price / SF$4.53
Days on Market517

Property Features for 662 Park Avenue

General Information

Standard status Active
Size 165,528 SF
Lot size 3.80 Acres

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $7,468

Building Details

Year Built 1948
Stories 2
Listing Agency: Century 21 Affiliated - Rockford
Listed By: Jerry Fredrick · License #471017932
Source: Compass
Added: Mar 13, 2025 Changed: Aug 10 Last Checked: Aug 10 at 10:21AM

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 Century 21 Affiliated - Rockford

Investment Insights

Based on property information with market context.

This property is an entertainment and hospitality facility currently configured for an outdoor music venue with weekend programming. The indoor space includes bars and a dining area, a stage, commercial kitchen, and additional room that could support gaming. The outdoor event area features a tiki bar, picnic tables, and a stage with a lanai, along with a small refreshments center.

The site also includes a large parking area for guests, and an on-site commercial cooler for beverages. Interior improvements include a freshly painted interior, an updated facade, and two newer ADA-compliant bathrooms on the main floor, with ample storage throughout.

The commercial building also includes an upstairs apartment with two bedrooms, a full bath, kitchen, and living room, and a new roof over the apartment. A commercial kitchen is referenced as leased for three years, with the lessee operating a catering business.

Key Highlights

  • Multi‑use entertainment venue built in 1948 with 9,768 sq. ft. of indoor space plus an outdoor event area of about 45,000 sq. ft.
  • Outdoor event setup includes a stage with lanai, tiki bar, picnic tables, and a small refreshments center/grain bin bar.
  • Indoor features include stage, indoor bars, dining area, and a commercial kitchen; a commercial cooler is included for beer, wine, pop, and water.

Property Analytics

Current Use

Lloyd Landscaping & Garden ... Landscaping The Warehouse on Park Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Law Firm Auto Repair Shop Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

247
Businesses Nearby

Demographics for 60135, IL

7,292
Population
2,923
Households
2.5
Avg Household Size
39
Median Age
15%
College-Educated
88%
High-School Grad
46.8 sq mi
ZIP Area
156
Density / Sq Mi
$87,935
Median Household Income
$47,101
Median Earnings
$1,038
Median Rent
$238,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Theater & concert hall - Multi-use entertainment venue with indoor bars, dining, stage, and a commercial kitchen on a large outdoor event area.
Where is this theater & concert hall located?
The property is located at 662 Park Avenue Genoa, IL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Multi‑use entertainment venue built in 1948 with 9,768 sq. ft. of indoor space plus an outdoor event area of about 45,000 sq. ft.; Outdoor event setup includes a stage with lanai, tiki bar, picnic tables, and a small refreshments center/grain bin bar.; Indoor features include stage, indoor bars, dining area, and a commercial kitchen; a commercial cooler is included for beer, wine, pop, and water.
More about this property
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