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    119 Broadway St Sparta, IL 62286-1648

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    119 Broadway St Sparta, IL 62286-1648


    • Office properties & Spaces
    • 0.20 lot acres
    Off-Market
    Last Sale Dec 7, 2023
    $120,000
    Property ID
    US28-3747649
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dynasty Chinese Cuisine / Restaurant

    Property Details for 119 Broadway St

    Lot size
    0.20 lot acres
    Property type
    Office properties & Spaces
    APN
    19-007-002-00
    APU
    1900700200

    Description

    This exceptional turnkey opportunity presents a fully operational Chinese restaurant located at 119 W Broadway Street in Sparta, Illinois. Priced at $150,000, this property offers a seamless transition for a new owner. The building sits on a 0.2-acre lot and includes all furnishings and equipment, eliminating the need for significant upfront investment in setup and supplies. The well-equipped kitchen is a key feature, boasting ample shelving for storage, multiple sinks, a dishwasher, various cooking surfaces, three freezers, and a convenient walk-in cooler. This comprehensive setup ensures immediate operational readiness, allowing the new owner to focus on building clientele and managing the business. The existing infrastructure and equipment provide a significant advantage, minimizing the time and resources required to commence operations. This is an ideal opportunity for an experienced restaurateur seeking an established business or an aspiring entrepreneur looking to enter the food service industry with minimal start-up hurdles. The property's location in Sparta offers access to a local customer base, providing a solid foundation for continued success. This is a rare chance to acquire a fully functioning restaurant, ready for immediate operation, with all the necessary equipment and furnishings included in the sale price. The property's size and existing infrastructure make it an attractive investment for those seeking a profitable venture in the thriving food service sector. Serious inquiries are encouraged.


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    Location Insight

    • Map
    • Local Demand
    City
    Sparta
    County
    Randolph
    State
    Illinois
    Longitude
    -89.7023
    Latitude
    38.1232

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,892
    $5,390
    $46,180
    $51,570
    -
    $16,170
    $138,540
    $154,710
    More about this property
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