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Property profile & analytics
OFF-MARKET
Commercial real estate

3683 Neunert Rd Jacob, IL 62950-2708

0.22 ac lot
Entity Owned 14-yr Hold Absentee Owner Free & Clear
Property ID
US28-2947050
Property summary
AI-generated overview

This thriving bar and grill, located at 3683 Neunert Road in Jacob, Illinois, presents a unique investment opportunity. Boasting a rich history and loyal customer base, this well-established business is offered at $174,000. Recent renovations have significantly enhanced the property, including updated restrooms, flooring, and a fresh coat of paint throughout. Further enhancing safety and security, a new Halon fire suppression system was installed in August 2023. The annual flood insurance premium is $4,500. All kitchen appliances have been replaced within the last decade, ensuring operational efficiency and minimizing maintenance concerns. The sale includes a substantial 60 x 30 pole barn, providing ample storage space, along with a concrete block storage building. All existing furniture, fixtures, and equipment are included in the sale, encompassing tables, chairs, restaurant equipment, and televisions. Detailed financial records are available upon request with a serious offer, providing potential buyers with comprehensive insights into the business's performance and profitability. This turnkey operation is ready for a new owner to step in and continue its success. The property is classified as General Commercial. The lot size is zero acres.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.22 ac (9,583 SF)
APN 12-27-101-003
UPID US28-2947050
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
BOTTOMS UP BAR & GRILL, INC
BOTTOMS UP BAR & GRILL, INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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