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    5555 Clark St Monroe Center, IL 61052

    Sponsored
    For Sale
    $689,000

    Turnkey bar/grill, established business.

    Property size:
    5,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional opportunity to acquire a thriving, turnkey bar and grill located at 5555 Clark St, Monroe Center, IL 61052. This 5,800 square foot establishment, built in 2000 and extensively renovated in 2020, sits on a spacious 1.99-acre lot (APN: 12-21-252-001). The property features a captivating old-west theme, complete with period-specific décor, lighting, decorative tin ceilings, and two custom-built bar-backs. Beyond the main bar area, the property includes a private banquet room and gaming area. This is a fully operational business, with all furniture, fixtures, equipment, and inventory included in the asking price of $689,000. The single-story building offers ample space for both customer seating and operational needs. Detailed information is available upon request. This represents a rare opportunity to own a well-established and profitable business in a desirable location. Serious inquiries only.

    Property Features for 5555 Clark St

    General Information

    Property type
    Restaurants
    Square Feet
    5,800 SF
    Lot Size
    86,684 SF

    Building Details

    Year Built/Renovated
    2000/2020
    Buildings
    1
    Stories
    1

    HighLights

    • $689,000 asking price for a turnkey bar and grill business.
    • 5,800 square foot building on a 1.99‑acre lot in Monroe Center, IL.
    • Property includes all furniture, fixtures, and equipment.
    • Built in 2000, renovated in 2020.
    • Located at 5555 Clark St, Monroe Center, IL 61052 (APN: 12‑21‑252‑001).
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Double-O Saloon & Grill Bar & Grill

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Hotel & Motel HVAC Service Bar & Pub Convenience Store Wine and Liquor Store Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe Center
    County
    Ogle
    State
    Illinois
    Longitude
    -89.003315402268
    Latitude
    42.100839241767

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Restaurant - Turnkey bar/grill, established business.
    Where is this restaurant located?
    The property is located at 5555 Clark St Monroe Center, IL.
    What is the asking price?
    The asking price for this property is $689,000.
    What are key features of this property?
    This property features: $689,000 asking price for a turnkey bar and grill business.; 5,800 square foot building on a 1.99-acre lot in Monroe Center, IL.; Property includes all furniture, fixtures, and equipment.
    Request Owner's contact information
    5555 Clark St Monroe Center, IL 61052
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    Monroe Center, IL 61052
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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
    5555 Clark St Monroe Center, IL 61052
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