Listing Agency: Freedom Realty IL j***@jaredsells.com Show Phone

Listed By: Jared Litwiller · License #475155972

Source: Crexi

Added: Nov 1, 2024 Changed: Aug 17 Last Checked: Aug 22 at 3:50AM

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Investment Insights

Based on property information with market context.

This property features a ten-lane bowling alley with mechanicals in working order. The property offers the opportunity to customize the kitchen and add cosmetic touches. There is potential for a liquor license and gaming on site. A large, fenced lot is included, offering potential for conversion to a patio area or building expansion. The property may be eligible for TIF funds for utilizing the additional space or remodel. The property size is 8,976 square feet and is located in Delavan, Illinois.

Key Highlights

• 10‑lane bowling alley with working lanes and mechanicals, ready to re‑open.
• Potential for liquor license and on‑site gaming.
• Large fenced lot suitable for patio conversion or building expansion.

Property Analytics

Property Profile

Current Use

Bowling alleys

Suggested Use

Top Pick Building Supply HVAC Service Auto Parts Store Auto Repair Shop Hair Salon Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

154

Businesses Nearby

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Demographics for 61734, IL

2,597

Population

1,108

Households

2.3

Avg Household Size

43

Median Age

22%

College-Educated

93%

High-School Grad

76.5 sq mi

ZIP Area

34

Density / Sq Mi

$71,563

Median Household Income

$40,722

Median Earnings

$790

Median Rent

$140,200

Median Home Value

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Frequently Asked Questions

What type of property is this?

Bowling alley - Ten-lane bowling alley with potential for customization and expansion.

Where is this bowling alley located?

The property is located at 220 E 5th St Delavan, IL.

What is the asking price?

The asking price for this property is $180,000.

What are key features of this property?

This property features: 10‑lane bowling alley with working lanes and mechanicals, ready to re‑open.; Potential for liquor license and on‑site gaming.; Large fenced lot suitable for patio conversion or building expansion.