22461 Il Rte 9 Rd, Tremont, IL 61568
This exceptional commercial property, located at 22461 IL Route 9 Road in Tremont, Illinois, presents a rare opportunity for immediate occupancy and operation. The 5,120 square foot building boasts a completely remodeled main floor, completed in 2016, featuring updated HVAC systems and flooring. The spacious dining area is equipped with ceramic tile flooring, tables, chairs, and booths, ready for immediate use. A large bar area comfortably seats 16 patrons and includes a convenient island for storage and a walk-in cooler. Two updated bathrooms add to the convenience. The sizable kitchen is fully equipped with multiple refrigerators, fryers, ovens, and a grill, all within a climate-controlled environment. The property also includes a full basement, offering significant potential for future expansion or development. Ample parking is available directly in front of the building, ensuring easy access for customers. This highly visible location on the west side of Tremont, situated on IL Route 9, provides excellent visibility and accessibility. The roof was also replaced in 2016. All contents of the bar and restaurant are included in the sale price of $350,000. Don't miss this chance to acquire a thriving, established business in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.