405 Park St, Cisne, IL 62823
For Sale
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This 0.1-acre commercial lot in Cisne, Illinois, presents a unique opportunity for business ownership. Currently operating as a fully updated restaurant, bar, and gaming venue, this turnkey establishment is available for purchase, including the existing LLC, ensuring a seamless transition. Recent renovations are extensive, encompassing new plumbing (meeting all state guidelines), electrical upgrades, a complete kitchen remodel (including a new grease trap), the addition of outdoor buildings, a new bar, and the installation of gaming equipment. Further improvements include fresh paint, new flooring, updated lighting, and more. The sale includes all equipment (excluding some décor). This property is located at 405 Park, Cisne, IL 62823. The asking price is $205,000. This property is ready for immediate operation, offering a fantastic chance to become your own boss. Note that this property may be purchased in combination with another property located at 1051 E North Avenue, Flora, IL 62839; further details are available upon request. The property is zoned for commercial use and offers significant potential for continued success or adaptation to other commercial ventures. The existing infrastructure and recent upgrades minimize the need for immediate capital investment, allowing for a quick start to operations.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.