217 Main St, Hillsboro, IL 62049-1126
This exceptional turnkey business opportunity presents the iconic Hillsboro Bowling Alley, a fully equipped and operational entertainment venue situated on a 0.59-acre lot in Hillsboro, Illinois. The property boasts over 9,400 square feet of space, ready for immediate use or creative repurposing. The bowling alley itself is equipped with eight lanes, complete with all necessary equipment including bowling shoes, balls, and maintenance tools. Beyond the bowling lanes, the property is fully furnished with tables, chairs, bar stools, booths, a pool table, vending machines, refrigerators, freezers, and a pizza oven. Energy efficiency is a key feature, with owned solar panels significantly reducing operational costs. Multiple heating and cooling systems are in place, including three mini-splits and a forced air system with two outdoor condensers, ensuring comfortable year-round operation. The property includes a paved parking lot and is zoned B-1 General Business, allowing for a wide range of potential uses. This versatile property offers a unique chance to acquire an established business or to develop a new venture in a prime location. The possibilities are endless, making this an attractive investment opportunity with significant potential for return. The property is priced at $159,900.
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Freedom Diagnostic Testing, PLLC Medical Laboratory Drug Testing Service
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Hillsboro Bowl Bowling Alley
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.