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    OFF-MARKET
    Office Spaces

    1051 Ave & 405 Park, Flora, IL 62839

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    Property summary
    AI-generated overview

    This exceptional investment opportunity encompasses two thriving, turnkey businesses in Illinois: AJ's Texicana Restaurant & Gaming in Cisne, and East End Still-Picker's Lounge in Flora. Both are currently operating and include their respective LLCs, ensuring a seamless transition for the new owner. AJ's Texicana offers multiple revenue streams from its restaurant, bar, and gaming operations. The property has undergone extensive renovations, including updated plumbing and electrical systems, a remodeled kitchen with a grease trap, new outdoor buildings, a newly added bar, and gaming area. All fixtures, furniture, and equipment (excluding some decor) are included. East End Still-Picker's Lounge boasts over 2500 square feet, featuring a gaming lounge, bar with speed rails and coolers, a large addition (2020) with a stage and pool table area, a well-laid-out store with ample coolers and storage, and two handicap-accessible bathrooms. The property benefits from a high-traffic corner location with excellent visibility, including a drive-through. Included are fixtures, furniture, product, stock, and most equipment. Both properties are offered at a combined asking price of $625,000. Financial details are available to pre-approved buyers. This is a rare chance to acquire two established, profitable businesses with significant upside potential.

    Property profile
    Verified
    Property type Office Spaces
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
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    Permitted uses
    Allowed · conditional · prohibited
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