103 3Rd St London Mills, IL 61544

Property Details for 103 3Rd St

Property type

Commercial real estate

APN

03-02-03-118-019

APU

30203118019

Description

This exceptional opportunity presents the chance to acquire a fully operational, turnkey bar and restaurant located at 103 3rd Street, London Mills, Illinois, 61544. Priced at $250,000, this established business boasts nearly 40 years of operation, building a strong reputation within the community and beyond. The property itself is classified as commercial land and retail space, offering a unique blend of established business and real estate investment potential. The restaurant, known as Spoonies, is renowned for its high-quality food, particularly its pork tenderloins, which have garnered significant local and regional acclaim. Features include a well-established customer base and a proven track record of success. The business has been highlighted in publications such as Pursuing Pork Tenderloin and Peoria Local Legends Magazine, further solidifying its reputation as a top destination for pork tenderloins in the Greater Peoria area. This turnkey operation offers immediate income potential and a strong foundation for continued growth in a desirable location. The property's location in London Mills, Fulton County, Illinois, provides access to a loyal customer base and offers significant potential for expansion and further development. This is a rare opportunity to own a successful, long-standing restaurant with a strong brand identity and a proven history of profitability. The sale includes the land and the established business, presenting a complete and ready-to-operate package.

Location Insight

City

London Mills

County

Fulton

State

Illinois

Longitude

-90.2665

Latitude

40.7126

CBSA code

37900

CBSA name

PEORIA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments