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    OFF-MARKET
    Turn key restaurants

    17644 Us Hwy 54, Rockport, IL 62370-3236

    3,867 SF 0.1 ac lot Built 1860
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US28-4693458
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 17644 US HWY 54 in Rockport, Illinois (zip code 62370), presents a unique investment opportunity. Priced at $269,000, this building boasts a wealth of recent upgrades, including a new roof, insulation, windows, water lines, electrical system, flooring, water heater, and water softener. Previously operating as a bar and restaurant, the property comes complete with all existing equipment, allowing for a smooth transition into business ownership. The building also includes a fully renovated two-bedroom apartment upstairs, offering versatile potential as living quarters or additional business space. The apartment features new windows. Adding to the property's appeal is a 12x30 foot insulated, heated, and cooled storage shed, perfect for inventory or operational expansion. Situated at a high-traffic intersection in Atlas, this property offers excellent visibility and accessibility, making it an ideal location for a variety of businesses. The property is ready for immediate occupancy. This is a rare opportunity to acquire a well-maintained, fully equipped commercial building with significant upside potential. Don't miss out on this chance to own a piece of Atlas's thriving commercial landscape.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1860
    Total area 3,867 SF
    Lot 0.1 ac (4,356 SF)
    APN 6506204
    UPID US28-4693458
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Little Snuffy LLC · 1 yrs held
    Little Snuffy LLC
    since 2025
    Last sale
    $175,000
    5 recorded transactions
    2025
    $175,000
    2025
    $110,000
    2023
    2021
    $10,000
    2013
    $57,500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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