2709 Locust St Sterling, IL 61081
- Mixed-use properties
- 7,000 SF
Current Use by Public Records
- Mixed-use properties
Property Details for 2709 Locust St
- Year built
- 1900
- Property size
- 7,000 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property at 2709 Locust Street in Sterling, Illinois, presents a unique investment opportunity. The 7,000-square-foot building, a beautifully restored historic dairy barn, currently operates as a thriving restaurant, deeply ingrained in the local community. The property boasts modern amenities seamlessly integrated into its rustic charm, including updated plumbing and electrical systems, and low-maintenance steel siding. The interior features exposed barn wood, beamed ceilings, a cozy fireplace in a dedicated banquet room, and two modern bars complete with a draft beer tapping system. A spacious, top-of-the-line commercial kitchen is equipped with both walk-in freezer and cooler units, ensuring efficient food preparation and storage. Multiple drive-through windows provide convenient service options. A large parking area accommodates ample customer vehicles. The property also includes an additional lot (Lot#1109300007), measuring 248 x 106 feet, with 2022 taxes totaling $439.80. This cherished community asset offers endless possibilities for continued success or creative repurposing, capitalizing on its prime location and established reputation. The property's blend of history and modern functionality makes it an attractive proposition for discerning investors and entrepreneurs alike.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sterling
- County
- Whiteside
- State
- Illinois
- Longitude
- -89.6987
- Latitude
- 41.814
