Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    22461 Il Rte 9 Rd Tremont, IL 61568

    Sponsored
    For Sale
    $350,000

    Turn-key bar/restaurant, great location!

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional turn-key bar and restaurant opportunity is located in Tremont, Illinois, at 22461 IL Route 9 Road, zip code 61568. The property, built in 1983, includes a main building on a commercial land parcel. A significant remodel in 2016 updated the main floor, including HVAC, flooring, and two bathrooms. The spacious dining room boasts ceramic tile flooring, with tables, chairs, and booths included in the sale. The large bar area comfortably seats 16 patrons and features a convenient island for storage, plus a walk-in cooler. The well-equipped kitchen includes multiple refrigerators, fryers, ovens, and a grill, all within a climate-controlled environment. A full basement offers substantial potential for future development. Ample parking is available in front of the building. The property's prime location on the west side of Tremont, on IL Route 9, ensures high visibility and accessibility. All contents are included in the sale price of $350,000. The roof was also replaced in 2016. This is a rare opportunity to acquire an established and profitable business in a desirable location. Don't miss out!

    Property Features for 22461 Il Rte 9 Rd

    General Information

    Property type
    Land

    Building Details

    Year Built
    1983
    Buildings
    1

    HighLights

    • $350,000 asking price.
    • 1983‑built commercial land in Tremont, IL.
    • Turn‑key bar/restaurant with 2016 main floor remodel including HVAC and flooring.
    • Includes spacious dining room, large bar seating 16, updated bathrooms, and climate‑controlled kitchen with equipment.
    • Full basement with development potential, ample parking, and prime IL Route 9 location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tremont
    County
    Tazewell
    State
    Illinois
    Longitude
    -89.5021767
    Latitude
    40.5296281

    Nearby Comparable

    • $300,000

      2.46 Acres Commercial Land

      2.46 acres of commercial land for sale.
      22400 Il Rte, Tremont, IL
      View Details
    • $2,900,000
      13,200 SF

      Morton Building For Sale

      13,200 SF building with long-term tenant in place.
      1810 S Main St, Morton, IL 61550
      View Details
    • Contact for pricing

      Morton, IL Medical Office Building

      Net-leased medical office; strong tenant.
      1810 Main St, Morton, IL 61550
      View Details
    • $599,000
      11.03 Acres

      Pekin, IL Commercial Land Investment

      11 Acres, B3 Zoning, Prime Development
      3500 Griffin Ave, Pekin, IL 61554
      View Details
    • $300,564
      0.69 Acres

      Pekin Commercial Building, 0.69 Acres

      Prime Pekin location, ideal for various businesses.
      3500 Court St, Pekin, IL 61554
      View Details
    • $1,154,340
      2.65 Acres

      Prime Pekin Commercial Land Opportunity

      2.65 Acres, Ideal for Development
      3465 Court St, Pekin, IL 61554
      View Details
    • $1,800,000
      2.64 Acres

      Thriving Fitness Business Opportunity

      Successful fitness business with excellent visibility and accessibility for sale.
      430 W Edgewood Ct, Morton, IL 61550
      View Details
    • $2,736,360
      3,500 SF

      New Chipotle Redevelopment For Sale

      New 2025 Chipotle redevelopment with 15-year net lease.
      3440 Court St, Pekin, IL 61554
      View Details
    • $248,292
      0.57 Acres

      Pekin Commercial Building, 0.57 Acres

      Prime Pekin location, ideal for various businesses.
      3424 Court St, Pekin, IL 61554
      View Details
    • $422,532
      0.97 Acres

      Pekin Commercial Building, 0.97 Acres

      Prime Pekin commercial lot, ideal for redevelopment.
      3424 Court St, Pekin, IL 61554
      View Details

    FAQs

    What type of property is this?
    Land - Turn-key bar/restaurant, great location!
    Where is this land located?
    The property is located at 22461 Il Rte 9 Rd Tremont, IL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: $350,000 asking price.; 1983-built commercial land in Tremont, IL.; Turn-key bar/restaurant with 2016 main floor remodel including HVAC and flooring.
    Request Owner's contact information
    22461 Il Rte 9 Rd Tremont, IL 61568
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    22461 Il Rte 9 Rd
    Tremont, IL 61568
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    22461 Il Rte 9 Rd Tremont, IL 61568
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.