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    OFF-MARKET
    Commercial real estate

    22461 Il Rte 9 Rd, Tremont, IL 61568

    5,120 SF Built 1983
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1983
    Total area 5,120 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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