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    Property profile & analytics
    OFF-MARKET
    Office buildings

    141 Chestnut St, Chebanse, IL 60922-2019

    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US28-4865816
    Property summary
    AI-generated overview

    This exceptional mixed-use property at 141 S Chestnut Street, Chebanse, IL, presents a unique investment opportunity. The 1500 square foot building is ideally situated in the heart of Chebanse, a well-known and established community. Recently remodeled, this turn-key operation includes a fully equipped bar and restaurant, ready for immediate operation. The spacious layout offers ample seating for patrons, creating a comfortable and inviting atmosphere. The property's history as a successful establishment, combined with the addition of gaming amenities, promises strong financial returns. This is a rare chance to acquire a thriving small-town business with significant upside potential. The property is being offered at $164,900. The building's prime location and established clientele base make this an attractive investment for both seasoned entrepreneurs and first-time business owners. The existing infrastructure and recent renovations minimize the need for significant capital investment, allowing for a swift and seamless transition into ownership. This is a truly exceptional opportunity to own a profitable and well-regarded business in a desirable location. Don't miss out on this chance to own a piece of Chebanse's vibrant commercial landscape.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    APN 03 14 226 008
    UPID US28-4865816
    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
    • Whistle Stop Cafe and Bar 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
    141 S Chestnut Street LLC · 4 yrs held
    141 S Chestnut Street LLC
    since 2021
    Last sale
    $110,000
    2 recorded transactions
    2021
    $110,000
    2013
    $80,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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