441 Il-2 Dixon, IL 61021
- Retail properties
- 16,800 SF
- 2.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 441 Il-2
- Lot size
- 2.00 lot acres
- Property size
- 16,800 SF
- Property type
- Retail properties
- Property subtype
- Bars
Description
This exceptional 16,800-square-foot commercial property, located at 441 IL Rt. 2 in Dixon, Illinois (zip code 61021), presents a unique investment opportunity. Currently operating as a renowned event center, the building boasts two floors of versatile space, capable of seating up to 700 guests. The main floor features a full commercial kitchen and two bars, while a second-floor kitchen adds further operational flexibility. State-of-the-art sound equipment enhances the venue's appeal. The main ballrooms are divisible, accommodating both large and small events. The sale includes all inventory and equipment (excluding leased equipment and gaming machines), offering a true turnkey operation. Situated on a 2-2.99 acre lot with 75 parking spaces, the property benefits from convenient access to I-88. The property is zoned C3, Commercial, and its APN is 07111270130000. The seller is motivated and open to reasonable offers, even considering leasing options to a qualified tenant. Adjacent properties, including a hotel and vacant lots, are also available for purchase from the same owner. This is an exceptional opportunity to acquire a well-established, high-capacity event venue with significant income potential.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dixon
- County
- Lee
- State
- Illinois
- Longitude
- -89.5462
- Latitude
- 41.827
