520 7th St, Riverton, IL 62561-8082
This thriving bar and gaming parlor, located at 520 N 7th Street in Riverton, Illinois, presents a unique opportunity for an ambitious entrepreneur. The 1,080 square foot building boasts a prime location, ensuring excellent exposure and visibility for your business. The property is offered at $300,000 and comes fully equipped with all the necessary gaming equipment to continue operations immediately. This includes a variety of gaming machines, a music system, and even a claw machine, providing diverse entertainment options for patrons. The existing business is already established and successful, offering a solid foundation for continued growth and profitability. The turnkey nature of this offering minimizes the start-up time and costs associated with launching a new venture. This is an exceptional chance to acquire a ready-to-go business with significant potential for expansion and increased revenue. The property sits on a lot with no acreage, making it ideal for a compact, high-traffic business. This is a rare opportunity to step into an established, profitable business with minimal upfront investment in equipment and setup. The location alone offers a significant advantage, ensuring a steady stream of customers. Don't miss this chance to own your own successful business.
-
Legacy Slots Gambling House Bar
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.