101 Viking Vie, Lee, IL 60530-9022
Prime investment opportunity in Lee, IL, featuring a 6,000 sq ft vacant restaurant building, previously a popular, town-only establishment. The asking price is $169,900 ($28.32/sq ft). All existing restaurant equipment is included, allowing for immediate operation. The space boasts booths, tables, bar seating for 120+, plus an outdoor patio. It's well-suited for bands, events, and video gaming, with a full kitchen (12-foot hood, walk-in cooler, grill, fryers, freezers, salad station, and bar refrigerators). Multiple TVs and projectors are installed. The building, a former bowling alley, offers additional ceiling height potential. Two sets of restrooms serve the restaurant, and another is available for a rear apartment, which could be finished by adding a kitchenette. This owner/user opportunity presents a turnkey business with potential for additional income from the apartment. The property is also available for lease. Located at 101 S Viking Vie, Lee, IL 60530. A gaming license is in place.
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County Line Pub Bar & Pub Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
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Risks
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