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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    101 Viking Vie, Lee, IL 60530-9022

    0.22 ac lot
    Entity Owned Free & Clear
    Property ID
    US28-4525172
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.22 ac (9,450 SF)
    APN 21-12-01-431-004
    UPID US28-4525172
    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
    Current use
    Occupant on record · Public records
    • County Line Pub Bar & Pub Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Lee Tavern LLC
    Lee Tavern LLC
    since 2026
    Last sale
    $55,000
    3 recorded transactions
    2026
    $55,000
    2021
    $230,000
    2009
    $315,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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