1106 Western Ave Henry, IL 61537
- Retail properties
- 0.65 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1106 Western Ave
- Lot size
- 0.65 lot acres
- Property type
- Retail properties
- Property subtype
- Bars
Description
This exceptional opportunity presents the chance to acquire a thriving restaurant and bar in Henry, Illinois. Located on a 0.65-acre lot at 1106 Western Ave, this well-established business boasts a loyal customer base, thanks to its popular Thursday night chicken wings and renowned banquet services. Situated along busy Route 29, near the intersection of IL Route 18/29, this property benefits from high visibility and convenient access for both local and traveling patrons. The spacious building includes a large parking lot, an outdoor patio, and a unique banquet area housed in a converted bowling alley, retaining the original lanes. Additional revenue streams are generated by popular gaming machines. The property also features a garage and dedicated storage area. Real estate taxes are $2,307.88 annually. This turnkey operation is ready for a new owner to continue its success. The asking price is $269,000. This is a rare opportunity to own a profitable and well-regarded business in a prime location.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Henry
- County
- Marshall
- State
- Illinois
- Longitude
- -89.3702
- Latitude
- 41.111