3320 Illinois 16 Litchfield, IL 62056

Property Details for 3320 Illinois 16

Year built

1968

Lot size

2.50 lot acres

Property type

Commercial real estate

Description

This exceptional 18,000 square foot entertainment complex in Litchfield, Illinois, presents a lucrative investment opportunity. Strategically located off Illinois Route 16, this established business boasts a fully operational bowling alley with updated lanes and active leagues, attracting consistent clientele. A spacious, fully equipped kitchen facilitates catering for events or restaurant operations, complementing the existing bar and game room. The bar features a separate entrance, allowing for independent operation and maximizing revenue streams. A substantial sitting area, perfect for weddings and large gatherings, is enhanced by a pool table, adding to the venue's versatility. An arcade provides additional entertainment options for all ages. The property includes a pro shop and ample parking. The business currently generates income and financial records will be provided to serious buyers with a Letter of Intent. All necessary licenses, including liquor and gaming permits, are in place and compliant with Illinois regulations. The property sits on a 2.5-acre lot, offering excellent visibility and accessibility, close to downtown Litchfield and Lake Lou Yeager, ensuring high traffic volume. This turnkey operation is ready for a new owner to continue its success.

Location Insight

City

Litchfield

County

Montgomery-IL

State

Illinois

Longitude

-89.6252

Latitude

39.1778