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Restaurant and Bar with Gaming Room

707 Freeport Road, Sterling, IL 61081

For Sale
$799,000

Commercial Sale, Sterling, IL

Property SizeContact for details
Lot Size2.52 Acres
Days on Market159

Property Features for 707 Freeport Road

General Information

Property type Commercial Sale
Property subtype Other
Fireplace 1
Directions Lincoln Hwy to Freeport Rd, North to property on left.
Subdivision Sterling
Standard status Active
APN 11154780160000
Lot size 2.52 Acres

Tenancy & Operations

Currently Operating Yes
Business Included Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6282

Utilities

Cooling system Central Air

Amenities

gaming room
pool tables
jukebox
fireplace

Building Details

Year built 1981
Floors in Building 1
Number of units 1
Building materials Aluminum Siding
Listing Agency: RE/MAX Sauk Valley
Listed By: Selznick Garcia
Added: Jun 4 Changed: Nov 9 Last Checked: Nov 9 at 7:06PM
MLS# 12668306

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This restaurant and bar property has a dining room with booths, tables, and bar seating, plus a separate gaming room with gaming machines and pool tables. The commercial kitchen is equipped with an approximately 18 foot hood, walk-in cooler and freezer, fryers, griddle, broiler, prep refrigeration, stainless steel work areas, and an ice machine. A liquor room, office and camera room, employee restroom, jukebox, fireplace, and basement storage with sump pumps are also included. The sale includes furniture, equipment, inventory, and stocked liquor and food supplies.

The 2.52-acre property includes an outdoor patio measuring approximately 29' x 35' and approximately 50+ parking spaces. The 1981 building has central air conditioning, five furnaces, and two mini-split units.

Key Highlights

  • 2.52‑acre restaurant and bar property
  • Dining room, separate gaming room, and outdoor patio
  • Commercial kitchen includes walk‑in cooler and freezer, fryers, griddle, broiler, and prep refrigeration

Property Analytics

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

Current Use

Johnny's Bar & Grill Bar & Pub

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Law Firm Big Box & Wholesale Store Auto Parts Store

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
Commercial hood

Location Intelligence

Trade Area within ½ mile

376
Businesses Nearby
66k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 60% Shops & Services 24% Apparel 14% Beauty & Spa 2%
McDonald's Dining
26,437 visits/mo 0.2 miles
Goodwill Apparel
9,177 visits/mo 0.1 miles
Shell Shops & Services
9,003 visits/mo 0.2 miles
Wendy's Dining
7,813 visits/mo 0.3 miles
Phillips 66 Shops & Services
6,570 visits/mo 0.1 miles

Demographics for 61081, IL

21,064
Population
9,753
Households
2.2
Avg Household Size
43
Median Age
20%
College-Educated
91%
High-School Grad
124.4 sq mi
ZIP Area
169
Density / Sq Mi
$60,854
Median Household Income
$40,497
Median Earnings
$791
Median Rent
$121,000
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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Equipped food-service property features a dedicated gaming area, outdoor patio, and extensive on-site parking.
Where is this conventional restaurant located?
The property is located at 707 Freeport Road Sterling, IL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 2.52‑acre restaurant and bar property; Dining room, separate gaming room, and outdoor patio; Commercial kitchen includes walk‑in cooler and freezer, fryers, griddle, broiler, and prep refrigeration
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