322 Washington St Du Quoin, IL 62832-1807
This exceptional restaurant property, located at 322 South Washington Street in Du Quoin, Illinois, is offered for sale at $395,000. The 3,640 square foot building sits on a 0.71-acre lot and boasts a highly desirable location on a main north/south thoroughfare, ensuring excellent visibility and convenient access for customers. Previously a quick-service restaurant, the property includes valuable existing features such as a drive-thru lane, a prominent pylon sign, exhaust hoods, a walk-in cooler and freezer, menu boards, and some seating. The inclusion of these features significantly reduces the initial investment required for a new operator. The property's strategic location and existing infrastructure present a compelling opportunity for a variety of food service businesses. Furthermore, the city of Du Quoin may offer potential incentives for qualified buyers, making this an even more attractive investment. A virtual tour is available online. This is a turnkey opportunity for a restaurant owner looking for a well-equipped space in a high-traffic area. The property is zoned for retail use and is situated in Perry County, Illinois, zip code 62832.
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Five Star Industries Inc Group Nursing Home Social Service Agency
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.