Mixed-Use Bar and Apartment
For Sale
Contact for pricing
703-705 Jefferson St, Mendota, IL 61342
Turn-key bar-restaurant on the main level with three income-producing apartments above.
Property SizeContact for details
Days on Market109
Property Features for 703-705 Jefferson St
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Coldwell Banker Today's Realtors LLC
(815) 223-1088
Listed By:
Thomas Templeton · License #IL
Source:
Crexi
Added: Apr 24
Changed: Aug 8
Last Checked: Jul 23 at 11:54AM
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 Coldwell Banker Today's Realtors LLC
Investment Insights
Based on property information with market context.
This mixed-use building offers a fully turn-key bar/restaurant on the main level and three rental apartments upstairs. The restaurant features a full commercial kitchen, a Brunswick bar, hardwood floors, and an eye-catching copper ceiling, with seating capacity for up to 100 guests. A full basement provides additional storage space.
Above the restaurant, there is one 2-bedroom/1-bath unit and two 1-bedroom/1-bath units, each with long-term tenants already in place. The listing describes current apartment income at $650 per month per unit.
The property is presented as a complete, income-generating investment with immediate operating capability for the restaurant space and established residential tenancies.
Above the restaurant, there is one 2-bedroom/1-bath unit and two 1-bedroom/1-bath units, each with long-term tenants already in place. The listing describes current apartment income at $650 per month per unit.
The property is presented as a complete, income-generating investment with immediate operating capability for the restaurant space and established residential tenancies.
Key Highlights
- Mixed‑use building in Mendota, IL with a bar/restaurant on the main level and three apartments above
- Restaurant includes a full commercial kitchen, Brunswick bar, hardwood floors, and an eye‑catching copper ceiling
- Restaurant seating capacity for up to 100 guests
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
477
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 61342, IL
8,648
Population
3,758
Households
2.3
Avg Household Size
41
Median Age
18%
College-Educated
87%
High-School Grad
108.2 sq mi
ZIP Area
80
Density / Sq Mi
$65,184
Median Household Income
$40,018
Median Earnings
$841
Median Rent
$132,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Similar Off Market Nearby
- 2 Tonys — 722 Main St, Mendota, IL 61342
- De La O Restaurant & Bar — 720 Illinois Ave, Mendota, IL 61342
- Bower's Corner Tap — 616 Main St, Mendota, IL 61342
- Club audrie — 720 Illinois Ave, Mendota, IL 61342
- The Hub — 701 Jefferson St, Mendota, IL 61342
Frequently Asked Questions
What type of property is this?
Bar & Pub - Turn-key bar-restaurant on the main level with three income-producing apartments above.
Where is this bar & pub located?
The property is located at 703-705 Jefferson St Mendota, IL.
What are key features of this property?
This property features: Mixed‑use building in Mendota, IL with a bar/restaurant on the main level and three apartments above; Restaurant includes a full commercial kitchen, Brunswick bar, hardwood floors, and an eye‑catching copper ceiling; Restaurant seating capacity for up to 100 guests
