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Remodeled Bar with Gaming Machines
For Sale
$725,000

3323 Ridge Road, Lansing, IL 60438

Remodeled downtown bar with a full kitchen, event-ready seating areas, outdoor patio, and an upstairs apartment.

Property Size4,540 SF
Days on Market856

Property Features for 3323 Ridge Road

General Information

Standard status Active
Size 4,540 SF
Property subtype Business Opportunity
Zoning COMMR

Additional Details

Patio Yes

Taxes and HOA fees

Annual Taxes $9,738

Building Details

Building Size 4,540 SF
Stories 2
Listing Agency: Realty Executives Premier Illinois
Listed By: William Kornblum · License #475167449
Source: Exit2newbeginningz
Added: Apr 11, 2024 Changed: Aug 11 Last Checked: Aug 13 at 12:11PM

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 Realty Executives Premier Illinois

Investment Insights

Based on property information with market context.

This remodeled bar property in Lansing’s Central Business District includes seating for over 100, a large bar, six televisions, and six gaming machines. The interior includes a full kitchen with a pizza oven, cooktops, preparation space, and coolers. A secondary room with booth and table seating can accommodate private parties and events, while the outdoor patio adds a second bar and additional seating.

The property is located directly across from Fox Point Ampitheater, which hosts concerts and events during the warmer months. More than 100 parking spaces are available in the city-owned and maintained lot behind the building, with additional street parking along the front. An upstairs three-bedroom apartment is also included.

Key Highlights

  • Six gaming machines and six televisions
  • Seating for over 100 with a large bar and secondary event space
  • Full kitchen with pizza oven, cooktops, prep area, and coolers

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Auto Parts Store Spa & Massage Center (Bike/Boat/Book/etc) Store

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

637
Businesses Nearby
89k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 41% Groceries 25% Dining 18% Home Improvements & Furnishings 8%
Aldi Groceries
22,307 visits/mo 0.3 miles
Dollar Tree Shops & Services
17,424 visits/mo 0.4 miles
Chase Bank Shops & Services
10,211 visits/mo 0.3 miles
Beggars Pizza Dining
9,772 visits/mo 0.2 miles
Family Dollar Shops & Services
8,677 visits/mo 0.4 miles

Demographics for 60438, IL

29,661
Population
12,230
Households
2.4
Avg Household Size
40
Median Age
28%
College-Educated
93%
High-School Grad
8.1 sq mi
ZIP Area
3,662
Density / Sq Mi
$72,043
Median Household Income
$44,632
Median Earnings
$1,271
Median Rent
$168,600
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
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Similar Off Market Nearby

  • Pour On Roy 18155 Roy St, Lansing, IL 60438

Frequently Asked Questions

What type of property is this?
Bar & Pub - Remodeled downtown bar with a full kitchen, event-ready seating areas, outdoor patio, and an upstairs apartment.
Where is this bar & pub located?
The property is located at 3323 Ridge Road Lansing, IL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Six gaming machines and six televisions; Seating for over 100 with a large bar and secondary event space; Full kitchen with pizza oven, cooktops, prep area, and coolers
More about this property
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