Turnkey Bar and
For Sale
Contact for pricing
Pending
415-417 Cherry Avenue, Rochelle, IL 61068
Turnkey downtown bar with gaming machines and additional income units plus an adjacent storefront option.
Property SizeContact for details
Days on Market150
Property Features for 415-417 Cherry Avenue
General Information
Standard status
Pending
Property subtype
Retail, Special Purpose
Additional Details
Furnished
Yes
Business Included
Yes
Multifamily Units
3
Listing Agency:
Bird Realty Company
Listed By:
Eric Bird · License #471002935
(815) 973-6768
Source:
Crexi
Added: Apr 11
Changed: Sep 2
Last Checked: Sep 7 at 2:44AM
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 Bird Realty Company
Investment Insights
Based on property information with market context.
This turnkey bar and restaurant is well established and includes gaming machines. The offering is designed to provide income with three apartments on site, and it also references another storefront next door. Equipment that is not leased is included with the sale.
The property is located on Cherry Avenue in downtown Rochelle, IL.
The layout supports both hospitality and supplementary residential income, with the bar/restaurant portion paired with multiple income-producing units and an adjacent storefront opportunity.
The property is located on Cherry Avenue in downtown Rochelle, IL.
The layout supports both hospitality and supplementary residential income, with the bar/restaurant portion paired with multiple income-producing units and an adjacent storefront opportunity.
Key Highlights
- Turnkey downtown bar with gaming machines
- Bar includes 3 apartments for additional income
- Another storefront next door offers additional income potential
Property Analytics
Current Use
Lease Details
3
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
457
Businesses Nearby
9k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Casey's General Store
Shops & Services
8,750 visits/mo
0.4 miles
Demographics for 61068, IL
14,653
Population
6,220
Households
2.4
Avg Household Size
38
Median Age
19%
College-Educated
87%
High-School Grad
120.7 sq mi
ZIP Area
121
Density / Sq Mi
$69,840
Median Household Income
$36,924
Median Earnings
$955
Median Rent
$164,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Fuzions Bar & Grill — 200 N Washington St, Rochelle, IL 61068
- Hub Lounge — 413 Cherry Ave, Rochelle, IL 61068
- The End Zone Sports Bar — 417 Cherry Ave, Rochelle, IL 61068
- Lisa's Pub — 215 Lincoln Hwy, Rochelle, IL 61068
- Kenny's Place — 411 Cherry Ave, Rochelle, IL 61068
Frequently Asked Questions
What type of property is this?
Bar & Pub - Turnkey downtown bar with gaming machines and additional income units plus an adjacent storefront option.
Where is this bar & pub located?
The property is located at 415-417 Cherry Avenue Rochelle, IL.
What are key features of this property?
This property features: Turnkey downtown bar with gaming machines; Bar includes 3 apartments for additional income; Another storefront next door offers additional income potential
