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Mixed-Use Building with Drive-Through
For Sale
$360,000

1051 E North Avenue, Flora, IL 62839

A gaming lounge, bar, retail store, and event space share a building with product storage and a drive-through.

Property SizeContact for details
Days on Market945

Property Features for 1051 E North Avenue

General Information

Standard status Active
Property subtype Commercial

Additional Details

Furnished Yes
Business Included Yes
Drive-Thru Yes
Equipment Included Yes
Currently Operating Yes

Building Details

Year Built 1975
Year Renovated 2022
Stories 1
Listing Agency: AMY LEE REALTY LLC
Listed By: Amy Bailey
Source: Racklinrealty
Added: Mar 26, 2024 Changed: Oct 25 Last Checked: Oct 26 at 3:56AM

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 AMY LEE REALTY LLC

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Investment Insights

Based on property information with market context.

This mixed-use property contains more than 2,500 square feet, with a gaming lounge, bar, store, and venue under one roof. The bar has speed bars, under-counter coolers, a large sink, and a custom-built counter, and connects to an addition completed in 2020. That space includes a stage, pool table area, and seating. The retail area has two walls of coolers, while storage includes two walk-in cold coolers, one walk-in dry cooler, and a large storage room. Two accessible bathrooms serve the building. A drive-through is also part of the property.

The building occupies a corner site on the edge of town, near an industrial park. Fixtures, furniture, product, stock, and most equipment are included. The business remains open, and the building dates to 1975.

Key Highlights

  • More than 2,500 square feet of combined lounge, bar, retail, and event space
  • Addition completed in 2020 with stage, pool table area, and seating
  • Drive‑through service and two walls of retail coolers

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

East End Still ... (Bike/Boat/Book/etc) Store Grain Systems Inc ... Big Box & Wholesale Store

Suggested Use

Top Pick Building Supply HVAC Service Pharmacy Restaurant Big Box & Wholesale Store Electrical Service

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

161
Businesses Nearby
8k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 100%
Price Less Foods Groceries
7,788 visits/mo 0.3 miles

Demographics for 62839, IL

6,441
Population
2,960
Households
2.2
Avg Household Size
42
Median Age
19%
College-Educated
90%
High-School Grad
71.2 sq mi
ZIP Area
90
Density / Sq Mi
$54,241
Median Household Income
$40,301
Median Earnings
$727
Median Rent
$90,800
Median Home Value
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A gaming lounge, bar, retail store, and event space share a building with product storage and a drive-through.
Where is this mixed-use property located?
The property is located at 1051 E North Avenue Flora, IL.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: More than 2,500 square feet of combined lounge, bar, retail, and event space; Addition completed in 2020 with stage, pool table area, and seating; Drive‑through service and two walls of retail coolers
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