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    805 County Hwy 9 Hwy Sims, IL 62886

    Sponsored
    For Sale
    $320,000

    Turnkey Bar & Entertainment Venue - 4,440 SF

    Property size:
    4,440 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial property, located at 805 County Highway 9 Highway in Sims, Illinois (zip code 62886), presents a unique investment opportunity. Built in 2002, this 4,440 square foot turnkey bar and entertainment venue boasts a picturesque rural setting. The property features a substantial 60x60 foot enclosed beer garden complete with a stage, ideal for outdoor events. Inside, a large stage is perfect for live bands, complemented by pool tables and poker machines for added entertainment options. The bar area offers ample seating and multiple tables, along with a convenient private office. City utilities, including water and gas, are readily available. A spacious parking area ensures ample customer parking. An insulated upstairs area provides significant potential for expansion, allowing for future growth and development. This property is situated in Wayne County, Illinois, and offers a blend of established business infrastructure and the charm of a scenic country location. The asking price is $320,000. This is an excellent opportunity for an investor seeking a thriving business in a desirable rural setting.

    Property Features for 805 County Hwy 9 Hwy

    General Information

    Property type
    Land
    Square Feet
    4,440 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sims
    County
    Wayne
    State
    Illinois
    Longitude
    -88.5313443
    Latitude
    38.3723107

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    FAQs

    What type of property is this?
    Land - Turnkey Bar & Entertainment Venue - 4,440 SF
    Where is this land located?
    The property is located at 805 County Hwy 9 Hwy Sims, IL.
    What is the asking price?
    The asking price for this property is $320,000.
    Request Owner's contact information
    805 County Hwy 9 Hwy Sims, IL 62886
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    Sims, IL 62886
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    805 County Hwy 9 Hwy Sims, IL 62886
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