246 Main St Ladd, IL 61329

Property Details for 246 Main St

Year built

1978

Property size

4,000 SF

Property type

Commercial real estate

Description

This exceptional turnkey business opportunity is located at 246 N Main Street in Ladd, Illinois, offering convenient access to I-80 and proximity to Starved Rock State Park and other area attractions. The 4,000 square foot building houses a well-established bar and grill, complete with a front bar area featuring bar seating and tables, and two public restrooms. A spacious back banquet area comfortably seats 35-40 guests and includes a smaller, supplemental bar ideal for overflow seating or private events. The fully equipped kitchen boasts three deep fryers, a grill, a four-burner stove, an oven, a cooler, a three-sink dishwashing station, and recently updated hood and sprinkler systems. Ample storage is available in the walk-in cooler located in the basement, along with additional basement storage space. An unfinished upper level presents significant potential for expansion or future development. Currently, the business generates supplemental income through five gaming machines. This property represents a rare chance to acquire a thriving, established business in a desirable location with strong potential for continued growth and profitability. The asking price is $175,000.

Location Insight

City

Ladd

County

Bureau

State

Illinois

Longitude

-89.2195

Latitude

41.3835