Adult Nightclub with Liquor and
For Sale
Contact for pricing
1474 E US HWY 6, Ottawa, IL 61350
Commercially zoned adult club offering full liquor service and gaming.
Property Size5,300 SF
Price / SF$149.06
Days on Market105
Property Features for 1474 E US HWY 6
General Information
Standard status
Active
Size
5,300 SF
Class
B
Property subtype
Retail, Special Purpose, Business for Sale
Zoning
Commercial
Occupancy
100%
Investment Type
Owner/User
Additional Details
Business Included
Yes
Building Details
Year Built
1940
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
HWH Properties
Listed By:
H Winston Hines · License #SC 13801
(864) 580-3826
Source:
Crexi
Added: Jul 2
Changed: Oct 10
Last Checked: Oct 12 at 7:02PM
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 HWH Properties
Investment Insights
Based on property information with market context.
This adult nightclub occupies a 5,300-square-foot commercial building constructed in 1940. The property operates with full liquor service and gaming, establishing a defined entertainment-oriented use within the existing improvements.
Located at 1474 E US HWY 6 in Ottawa, Illinois, the property carries Commercial zoning. Its established building footprint and current nightclub configuration support continued evaluation as an adult entertainment venue with beverage and gaming components.
Located at 1474 E US HWY 6 in Ottawa, Illinois, the property carries Commercial zoning. Its established building footprint and current nightclub configuration support continued evaluation as an adult entertainment venue with beverage and gaming components.
Key Highlights
- 5,300‑square‑foot adult nightclub in Ottawa, Illinois
- Full liquor service and gaming in place
- Commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,693
Cap Rate
8.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,413,860
$1.4M
Cap Rate 7%
$1,009,900
$1.0M
Cap Rate 9%
$785,478
$785.5K
Market Conditions
NOI Build-Up for 5,300 SF
Gross rent
$100.5K $18.96/SF
− Vacancy
−$6.2K −$1.18/SF
EGI
$94.3K $17.78/SF
− OpEx
−$23.6K −$4.45/SF
NOI
$70.7K $13.34/SF
Area
LaSalle, IL
La Salle County, LA
Vacancy
6.20%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,413,860
Cap Rate 7%
$1,009,900
Cap Rate 9%
$785,478
Alternative Uses
Best Use
Specialty Retail
$1.01M
$883.7K – $1.18M
NOI $70,693 @ 7.0% cap · market cap 8.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $92,856 @ 7.0% cap · market cap 11.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 61350, IL
23,997
Population
10,853
Households
2.2
Avg Household Size
43
Median Age
22%
College-Educated
93%
High-School Grad
152.5 sq mi
ZIP Area
157
Density / Sq Mi
$77,562
Median Household Income
$43,042
Median Earnings
$940
Median Rent
$157,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- The Lamp Liter — 1474 US-6, Ottawa, IL 61350
Frequently Asked Questions
What type of property is this?
Night club - Commercially zoned adult club offering full liquor service and gaming.
Where is this night club located?
The property is located at 1474 E US HWY 6 Ottawa, IL.
What is the asking price?
The asking price for this property is $790,000.
What are key features of this property?
This property features: 5,300‑square‑foot adult nightclub in Ottawa, Illinois; Full liquor service and gaming in place; Commercial zoning
