1104 Tuscola Blvd, Tuscola, IL 61953-2065
This exceptional 2,924 square foot free-standing restaurant building presents a unique investment opportunity in Tuscola, Illinois. Located at 1104 Tuscola Boulevard, this property boasts a prime location on IL-36, the main business corridor, just one block west of I-57, ensuring high visibility and accessibility. Built in 1996 and renovated in 2006, the building sits on a sizable 0.9-acre lot providing ample parking for approximately 56 vehicles. The property is currently vacant, offering a blank canvas for a new culinary venture or a chance to repurpose the space. The interior features some remaining fixtures, fittings, and equipment, including hoods and coolers, potentially reducing initial setup costs. The B-1 Highway Business zoning allows for a variety of commercial uses. This is an ideal opportunity for an entrepreneur seeking a well-established location with significant potential for growth. The asking price is $550,000. The property's size, location, and existing infrastructure make it a highly attractive investment in a thriving commercial area. Don't miss this chance to acquire a turn-key restaurant space or adapt it to your specific business needs.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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.