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    FOR SALE
    Commercial real estate

    3729 248Th St North, Hillsdale, IL 61257

    1,880 SF Built 1939
    Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US28-1452541
    Property summary
    AI-generated overview

    This thriving 3,500 square foot bar and grill presents a unique turnkey opportunity in Hillsdale, Illinois. Strategically located just off Interstate 88, this well-established business boasts a loyal customer base and benefits from high visibility and convenient access. The sale includes all furniture, fixtures, and equipment, allowing for immediate operation with minimal upfront investment. Recent significant improvements have been made to the property, enhancing its functionality and appeal. These upgrades encompass a complete overhaul of the electrical and plumbing systems, the installation of a durable steel roof, and the modernization of major mechanical components. Furthermore, the property features comfortable outdoor patio seating, expanding its capacity and creating an inviting atmosphere for patrons. The 0.54-acre lot provides ample space for potential expansion or outdoor activities. This turnkey operation offers a rare chance to acquire a profitable, established business with a strong foundation for continued success. Financial records are available upon request to qualified buyers. The asking price is $299,900. This is an exceptional opportunity for an experienced restaurateur or a savvy investor seeking a proven business model in a prime location. Don't miss out on this chance to own a thriving establishment with a loyal customer base and significant recent upgrades.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1939
    Total area 1,880 SF
    Zoning code B3
    APN 10-09-300-005
    UPID US28-1452541
    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
    Current use
    Occupant on record · Public records
    • Jammerz Roadhouse Bar & Pub Restaurant
    • RiverStone Group, Inc - Midway Stone Production Facility Building Supply
    • Midway Stone Business Park
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Jordane A Coers · 1 yrs held
    Jordane A Coers
    since 2025
    7 recorded transactions
    2025
    $140,000
    1999
    1969
    1969
    1969
    1969
    1969
    Zoning & alternative use
    B3 · Hillsdale, IL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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