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Slot Machine Casino Bar
For Sale
$165,000

207 E Main Street, Toledo, IL 62468

The sale combines the operating business and its building in one offering.

Property Size1,110 SF
Lot Size0.38 Acres
Price / SF$148.65
Days on Market705

Property Features for 207 E Main Street

General Information

Standard status Active
Size 1,110 SF
Total Parking Spaces 10
Lot size 0.38 Acres
Property subtype Commercial
Zoning COM

Additional Details

Business Included Yes
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $1,722

Amenities

detached garage

Building Details

Year Built 1919
Stories 1
Listing Agency: Coldwell Banker Classic Real Estate
Listed By: Mike Staton · License #471018366
Source: Prairieheartrealestate
Added: Nov 25, 2024 Changed: Oct 31 Last Checked: Oct 30 at 2:45PM

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 Classic Real Estate

Rey
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Investment Insights

Based on property information with market context.

This Toledo property pairs a bar with a licensed gaming operation. Its 1,110-square-foot interior includes a gaming room with 6 machines, an L-shaped bar with a granite surface, and seating among nostalgic decor. The business and building are included together in the sale.

The establishment is one of two in Toledo with licensed gambling. The 0.38-acre parcel also has 10 parking spaces and a detached garage. Built in 1919, the property is zoned COM.

Key Highlights

  • Licensed gambling operation, one of two establishments in Toledo
  • 1,110‑square‑foot building with a gaming room and 6 machines
  • Bar features an L‑shaped, granite‑topped counter and seating area

Property Analytics

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

Current Use

The Lucky Pig Bar & Pub Mane Street Hair ... Hair Salon

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Auto Parts Store Restaurant Nail Salon Cafe & Coffee Shop

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

116
Businesses Nearby
12k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Toledo Shops & Services
6,109 visits/mo 0.1 miles
Dollar General Shops & Services
5,016 visits/mo 0.4 miles
Neal Tire & Auto Service Shops & Services
619 visits/mo 0.2 miles

Demographics for 62468, IL

2,601
Population
1,046
Households
2.5
Avg Household Size
40
Median Age
15%
College-Educated
95%
High-School Grad
74.3 sq mi
ZIP Area
35
Density / Sq Mi
$67,708
Median Household Income
$40,500
Median Earnings
$763
Median Rent
$108,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Casino - The sale combines the operating business and its building in one offering.
Where is this casino located?
The property is located at 207 E Main Street Toledo, IL.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Licensed gambling operation, one of two establishments in Toledo; 1,110‑square‑foot building with a gaming room and 6 machines; Bar features an L‑shaped, granite‑topped counter and seating area
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