Updated Bar and
For Sale
$139,000
504-506 Main Street, Varna, IL 61375
Sale includes business operations, supplies, and FF&E.
Property SizeContact for details
Days on Market10
Property Features for 504-506 Main Street
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Furnished
Yes
Business Included
Yes
Equipment Included
Yes
Building Details
Year Renovated
2021
Buildings
1
Listing Agency:
RE/MAX Traders Unlimited
(309) 303-4730
Listed By:
Steven Reed · License #RMA7035
Source:
Ashleycoker
Added: Aug 23
Changed: Aug 31
Last Checked: Aug 31 at 1:12PM
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 RE/MAX Traders Unlimited
Investment Insights
Based on property information with market context.
This combined bar and restaurant property was substantially renovated in 2021 and is offered with its operating business, supplies, and FF&E. The improvements include upgraded insulation, plumbing, electrical, roofing, and HVAC systems, along with a walk-in refrigerator installed in 2021. The bar area has 12-foot ceilings, new tile flooring, a separate gaming room, and a 40-foot custom bar top. Lighting controls, communication headsets, and a video surveillance system are also included.
The dining area is configured for regular restaurant service as well as private parties, banquets, and live entertainment. The offering encompasses two separate parcels with individual PINs, allowing the bar and restaurant components to operate together or be acquired separately. The property is located less than 10 miles from Lake Wildwood.
The dining area is configured for regular restaurant service as well as private parties, banquets, and live entertainment. The offering encompasses two separate parcels with individual PINs, allowing the bar and restaurant components to operate together or be acquired separately. The property is located less than 10 miles from Lake Wildwood.
Key Highlights
- Substantially renovated in 2021
- Two separate parcels with individual PINs
- Bar area features 12‑foot ceilings and a 40‑foot custom bar top
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 61375, IL
1,095
Population
752
Households
1.5
Avg Household Size
50
Median Age
13%
College-Educated
90%
High-School Grad
48.6 sq mi
ZIP Area
23
Density / Sq Mi
$78,462
Median Household Income
$37,031
Median Earnings
$788
Median Rent
$162,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Bar & Pub - Sale includes business operations, supplies, and FF&E.
Where is this bar & pub located?
The property is located at 504-506 Main Street Varna, IL.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: Substantially renovated in 2021; Two separate parcels with individual PINs; Bar area features 12‑foot ceilings and a 40‑foot custom bar top
