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Video Gaming Bar Business
For Sale
$300,000

507 Theodore Street, Joliet, IL 60435

The offering covers the operating bar business rather than the underlying real estate.

Property Size7,200 SF
Days on Market563

Property Features for 507 Theodore Street

General Information

Standard status Active
Size 7,200 SF
Property subtype Business Opportunity
Zoning COMMR

Building Details

Building Size 7,200 SF
Stories 1
Listing Agency: RE/MAX Ultimate Professionals
Listed By: Gerald Shepich · License #475105296
Source: Perillorealestategroup
Added: Jan 21, 2025 Changed: Aug 2 Last Checked: Aug 7 at 9:09AM

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 RE/MAX Ultimate Professionals

Investment Insights

Based on property information with market context.

This offering consists of a bar business in Joliet, Illinois, with video gaming and associated fixtures and inventory identified for review. The sale is for the business only and does not include the underlying real estate. The property is designated COMMR zoning at 507 Theodore Street.

Review of financial information requires a confidentiality agreement. Video gaming operations require the responsible individual to complete state vetting.

Key Highlights

  • Operating bar business offered without the underlying real estate
  • Video gaming is part of the existing business
  • Fixtures and inventory are identified for review

Property Analytics

Current Use

Izzy's LLC Bar & Pub

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Electrical Service Spa & Massage Center Pharmacy

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

Location Intelligence

Trade Area within ½ mile

428
Businesses Nearby
30k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 80% Dining 20%
Thorntons Shops & Services
22,099 visits/mo 0.3 miles
Donut Den Dining
5,962 visits/mo 0.4 miles
Super Wash Shops & Services
1,568 visits/mo 0.4 miles

Demographics for 60435, IL

48,927
Population
20,162
Households
2.4
Avg Household Size
37
Median Age
23%
College-Educated
85%
High-School Grad
10.8 sq mi
ZIP Area
4,530
Density / Sq Mi
$74,967
Median Household Income
$41,201
Median Earnings
$1,145
Median Rent
$217,200
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Bobby's Tap 1107 Plainfield Rd, Joliet, IL 60435
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  • Zobel Tavern 1200 Elizabeth St, Joliet, IL 60435
  • Los Gaveños 1101 N Hickory St, Joliet, IL 60435

Frequently Asked Questions

What type of property is this?
Bar & Pub - The offering covers the operating bar business rather than the underlying real estate.
Where is this bar & pub located?
The property is located at 507 Theodore Street Joliet, IL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Operating bar business offered without the underlying real estate; Video gaming is part of the existing business; Fixtures and inventory are identified for review
More about this property
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