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Bar & Pub with Two Storefronts
New
For Sale
$250,000

702 N State Street, Westville, IL 61883

An operating bar includes separately metered space, kitchen equipment, a game room, and areas for outdoor gatherings.

Property SizeContact for details
Days on Market7

Property Features for 702 N State Street

General Information

Standard status Active

Additional Details

Business Included Yes
Equipment Included Yes

Taxes and HOA fees

Annual Taxes $1,524

Amenities

private game room
spacious bar area
outdoor space for live bands, outdoor games, picnic tables

Building Details

Buildings 1
Listing Agency: Keller Williams Realty - Danville
Listed By: Hayley Siefert · License #475173306
Source: Exprealty
Added: Oct 1 Changed: Oct 6 Last Checked: Oct 6 at 2:46AM

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 Keller Williams Realty - Danville

Investment Insights

Based on property information with market context.

This operating bar includes two separately metered storefront spaces within one building, allowing the areas to function independently or together. The property was renovated approximately five years ago. Bar equipment includes two pizza makers, a stand-up refrigerator and freezer, a three-compartment sink, and dry storage. The interior also features a seating area and a private game room with slot machines and a dartboard.

Outdoor space provides room for live music, games, picnic tables, and guest gatherings. The combination of food-service equipment, separate metering, and indoor and outdoor entertainment areas gives the property a range of operating configurations.

Key Highlights

  • Two separately metered storefront spaces in one building
  • Operating bar with two pizza makers, stand‑up refrigerator and freezer, three‑compartment sink, and dry storage
  • Private game room with slot machines and a dartboard

Property Analytics

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Current Use

Bars & Pubs

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Hair Salon Auto Repair Shop Kitchen & Bath Showroom

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

120
Businesses Nearby
Well-served
Demand for This Use

Demographics for 61883, IL

4,340
Population
2,009
Households
2.2
Avg Household Size
42
Median Age
14%
College-Educated
93%
High-School Grad
20.6 sq mi
ZIP Area
211
Density / Sq Mi
$53,676
Median Household Income
$40,261
Median Earnings
$765
Median Rent
$97,000
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
Rey
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Similar Off Market Nearby

  • Sophia Stefani's Tavern — 307 S State St, Westville, IL 61883
  • Lucky Dogs Slots — 111 N State St, Westville, IL 61883
  • Brunswick Bar — 207 W Main St, Westville, IL 61883
  • Shooting Star Saloon — 109 W Main St, Westville, IL 61883
  • Sportsman Inn — 140 N State St, Westville, IL 61883

Frequently Asked Questions

What type of property is this?
Bar & Pub - An operating bar includes separately metered space, kitchen equipment, a game room, and areas for outdoor gatherings.
Where is this bar & pub located?
The property is located at 702 N State Street Westville, IL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two separately metered storefront spaces in one building; Operating bar with two pizza makers, stand‑up refrigerator and freezer, three‑compartment sink, and dry storage; Private game room with slot machines and a dartboard
More about this property
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