LaSalle Bar with Residential
For Sale
Contact for pricing
Pending
945 1st St, La Salle, IL 61301
Bar with rental apartment and outdoor development potential.
Property Size2,800 SF
Days on Market724
Property Features for 945 1st St
General Information
Standard status
Pending
Size
2,800 SF
Property subtype
Mixed Use, Retail
Occupancy
100%
Building Details
Buildings
1
Stories
2
Units
2
Listing Agency:
Coldwell Banker Real Estate Group Ottawa
(815) 228-1859
Listed By:
George Shanley · License #IL 475.092481
Source:
Crexi
Added: Aug 27, 2024
Changed: Aug 14
Last Checked: Aug 19 at 10:08AM
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 Coldwell Banker Real Estate Group Ottawa
Investment Insights
Based on property information with market context.
Located at 945 1st St. in LaSalle, this property features a bar with both entertainment and residential potential. The main bar area measures 17x40 and includes stainless steel countertops. Adjacent to the bar is a 15x18 game room. A small space previously served as a kitchen and could be converted back. Upstairs, the property includes a two-bedroom, one-bathroom apartment with a living room, dining room, and kitchen. This apartment is currently rented for $850 per month, providing income. The business operates with three gaming machines, with the opportunity to expand to six. An outdoor area is included in the sale, which could be developed into a beer garden or other options. The property offers possibilities for operating a bar, expanding gaming options, or exploring new ventures in the indoor and outdoor space. The total property size is 2800 square feet.
Key Highlights
- Two‑bedroom apartment included, currently rented for $850/month, providing immediate income
- Operating bar with existing gaming machines and potential to expand from three to six machines for increased revenue
- Outdoor area included (with separate PIN) offering development potential
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
550
Businesses Nearby
40k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 95%
Dining 5%
Casey's General Store
Shops & Services
18,158 visits/mo
0.4 miles
BP
Shops & Services
8,841 visits/mo
0.4 miles
Dollar General
Shops & Services
5,744 visits/mo
0.3 miles
Shell
Shops & Services
5,411 visits/mo
0.1 miles
Eureka!
Dining
1,988 visits/mo
0.2 miles
Demographics for 61301, IL
10,375
Population
4,832
Households
2.1
Avg Household Size
40
Median Age
15%
College-Educated
87%
High-School Grad
42.3 sq mi
ZIP Area
245
Density / Sq Mi
$59,260
Median Household Income
$35,542
Median Earnings
$1,010
Median Rent
$117,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Rephils — 535 1st St, La Salle, IL 61301
- E & B Tobacco & Liquor — 558 3rd St #1, La Salle, IL 61301
- Borderline Bar & Grill — 3 3rd St, La Salle, IL 61301
- Sanctuary — 516 1st St, La Salle, IL 61301
- Nick's on 6 — 328 3rd St Suite A, La Salle, IL 61301
Frequently Asked Questions
What type of property is this?
Bar & Pub - Bar with rental apartment and outdoor development potential.
Where is this bar & pub located?
The property is located at 945 1st St La Salle, IL.
What is the asking price?
The asking price for this property is $174,999.
What are key features of this property?
This property features: Two‑bedroom apartment included, currently rented for $850/month, providing immediate income; Operating bar with existing gaming machines and potential to expand from three to six machines for increased revenue; Outdoor area included (with separate PIN) offering development potential
