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    115 Williams St Wyoming, IL 61491

    Sponsored
    For Sale
    $397,000

    Thriving Business, Turnkey Operation

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional opportunity to acquire a profitable, established restaurant and bowling alley in Wyoming, IL. This turnkey operation, housed in a single building on a land parcel, includes six bowling lanes, a gaming parlor, and a bar and grill seating 60 guests. Recent renovations (2021-2024) encompass new synthetic bowling lanes and computer system, water filtration and furnace upgrades, and exterior improvements. The dining area (36' x 25') features new flooring. The bar area measures 43' x 19', and the kitchen (22' x 8') includes three large storage rooms. The sale includes a liquor license, gaming machines, jukebox, ATM, security system, full inventory, and existing staff. This corporation sale offers a seamless transition for the new owner. Detailed equipment and appliance list available. Asking price: $397,000. Located at 115 E Williams Street, Wyoming, IL 61491.

    Property Features for 115 Williams St

    General Information

    Property type
    Restaurants

    Building Details

    Buildings
    1

    HighLights

    • Profitable, established restaurant and bowling alley in Wyoming, IL.
    • Turnkey operation with six bowling lanes, gaming parlor, bar & grill (60 seats).
    • Recent renovations (2021‑2024) include new bowling lanes, computer system, HVAC, and exterior improvements.
    • Includes liquor license, gaming machines, and full inventory.
    • Asking price: $397,000. Located at 115 E Williams Street, Wyoming, IL 61491.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wyoming
    County
    Stark
    State
    Illinois
    Longitude
    -89.7723004
    Latitude
    41.0613366

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    FAQs

    What type of property is this?
    Restaurant - Thriving Business, Turnkey Operation
    Where is this restaurant located?
    The property is located at 115 Williams St Wyoming, IL.
    What is the asking price?
    The asking price for this property is $397,000.
    What are key features of this property?
    This property features: Profitable, established restaurant and bowling alley in Wyoming, IL.; Turnkey operation with six bowling lanes, gaming parlor, bar & grill (60 seats).; Recent renovations (2021-2024) include new bowling lanes, computer system, HVAC, and exterior improvements.
    Request Owner's contact information
    115 Williams St Wyoming, IL 61491
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    Wyoming, IL 61491
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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
    115 Williams St Wyoming, IL 61491
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