100 Adams St Waterman, IL 60556

This exceptional mixed-use commercial property, located at 100 E Adams St, Waterman, IL 60556, presents a unique investment opportunity. The 3,000-3,600 square foot, single-story building boasts a 100% occupancy rate and is currently operating as a bar, gaming, and lottery establishment. A key component is the kitchen, currently leased until April 1, 2027, generating a consistent monthly income of $2,500, inclusive of utilities and equipment maintenance. Recent improvements include a new walk-in cooler (installed a couple of years ago), a parking lot and dining room floor renovation completed in 2022, and a roof approximately 10 years old. The property benefits from city water and sewer connections. The building is available for sale with multiple financing options considered, including outright purchase, owner financing, or lease. The current owner is retiring, making this a turnkey operation ready for a new owner. The lease on the property is for five years, commencing April 1, 2022, and expiring April 1, 2027, leaving approximately 2.4 years remaining. All reasonable offers will be considered.