141 Chestnut St, Chebanse, IL 60922-2019
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.
-
Whistle Stop Cafe and Bar Bar & Pub Restaurant
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
Similar Nearby for Sale
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.