Building Details

Year Built 2015

Listing Agency: Full Circle Realty Show Phone

Listed By: Brian Henning · License #471019637 Show Phone

Source: Exprealty

Added: Oct 14 Changed: Oct 16 Last Checked: Oct 16 at 2:29PM

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Investment Insights

Based on property information with market context.

Built in 2015, this operating bar and grill occupies a 1-acre parcel and contains nearly 4000sqft. The interior includes a kitchen, seating, tall ceilings, and a gaming room, alongside entertainment areas and updated restrooms. Two covered patios extend the venue outdoors, while a garage with a lean-to provides additional storage. Parking is available on site.

The property is situated between Altamont and St. Elmo on Rt 40, with over 350ft of road frontage. More than 3000 vehicles per day pass the site.

Key Highlights

• Operating bar and grill on a 1‑acre parcel
• Built in 2015 with nearly 4000sqft
• Over 350ft of road frontage on Rt 40

Property Analytics

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Current Use

Bars & Pubs

Suggested Use

Top Pick Electrical Service Bar & Pub

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

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

3

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 62411, IL

4,408

Population

1,932

Households

2.3

Avg Household Size

40

Median Age

20%

College-Educated

92%

High-School Grad

85.3 sq mi

ZIP Area

52

Density / Sq Mi

$75,932

Median Household Income

$44,815

Median Earnings

$864

Median Rent

$139,400

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

Similar Off Market Nearby

• Blue Mound Tavern — 483 US-40, Altamont, IL 62411

Frequently Asked Questions

What type of property is this?

Bar & Pub - An operating bar and grill combines dining, gaming, and entertainment areas with outdoor covered patios.

Where is this bar & pub located?

The property is located at 483 E Us Highway 40 Altamont, IL.

What is the asking price?

The asking price for this property is $415,000.

What are key features of this property?

This property features: Operating bar and grill on a 1‑acre parcel; Built in 2015 with nearly 4000sqft; Over 350ft of road frontage on Rt 40