22461 Il Rte 9 Rd, Tremont, IL 61568
This exceptional turn-key bar and restaurant opportunity is located in Tremont, Illinois, at 22461 IL Route 9 Road, zip code 61568. The property, built in 1983, includes a main building on a commercial land parcel. A significant remodel in 2016 updated the main floor, including HVAC, flooring, and two bathrooms. The spacious dining room boasts ceramic tile flooring, with tables, chairs, and booths included in the sale. The large bar area comfortably seats 16 patrons and features a convenient island for storage, plus a walk-in cooler. The well-equipped kitchen includes multiple refrigerators, fryers, ovens, and a grill, all within a climate-controlled environment. A full basement offers substantial potential for future development. Ample parking is available in front of the building. The property's prime location on the west side of Tremont, on IL Route 9, ensures high visibility and accessibility. All contents are included in the sale price of $350,000. The roof was also replaced in 2016. This is a rare opportunity to acquire an established and profitable business in a desirable location. Don't miss out!
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.