111 Locust St, Fieldon, IL 62031
This exceptional commercial property located at 111 W Locust Street in Fieldon, Illinois presents a fantastic investment opportunity. The brick building sits on a prominent corner lot spanning 0.27 acres and offers a substantial 2880 square feet of space. Currently operating as the Pour House, this established business boasts a proven track record of profitability. The sale includes all bar-related fixtures and equipment, ensuring a seamless transition for the new owner. Note that the games, slots, ATM, and jukebox are leased items and not included in the sale. Significant upgrades have been made to the property's infrastructure, with the electrical and plumbing systems having been completely updated between 2017 and 2018. This ensures modern functionality and reduces the need for immediate capital expenditure. The building's prime location and established clientele base provide a solid foundation for continued success. The asking price of $160,000 represents exceptional value for a turnkey commercial operation of this size and potential. This is a rare opportunity to acquire a profitable business with significant upside in a desirable location. Don't miss out on this chance to own your own piece of Fieldon's thriving commercial landscape. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
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.