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    OFF-MARKET
    Commercial real estate

    817 Main St, Thomson, IL 61285-7776

    0.14 ac lot
    Individually Owned 19-yr Hold Free & Clear
    Property ID
    US28-4303860
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a fully operational restaurant located at 817 Main Street, Thomson, Illinois, priced at $385,000. The main floor boasts a spacious 19'4" x 51'4" dining area, comfortably accommodating numerous patrons. A built-in warming buffet and salad bar enhance the dining experience. Extensive storage is available, featuring ample shelving for inventory management, along with multiple refrigerator coolers and freezers to maintain food freshness. The well-equipped kitchen is a chef's dream, including a refrigerator, prep cooler, fryer, pizza oven, griddle, burners, dough mixers, dough roller, and a dedicated prep table. Adding to the lucrative potential, two sizable two-bedroom apartments occupy the upper level, providing additional rental income streams. This turnkey operation offers immediate revenue generation and significant upside for a savvy investor. The property is situated in Thomson, Illinois, offering a strong local market. This established business presents a rare chance to acquire a profitable and versatile commercial property with immediate income potential from both the restaurant and the rental apartments. The combination of a successful restaurant and rental units makes this a truly unique and attractive investment opportunity. Don't miss out on this chance to own a thriving business in a desirable location.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.14 ac (6,011 SF)
    APN 12-12-25-201-021
    UPID US28-4303860
    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
    • Dusty's Pizza Plus Restaurant
    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
    Susan M Drehmer · 19 yrs held
    Susan M Drehmer
    since 2006
    1 recorded transaction
    2006
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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