Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
-
Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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