Auction Information
Established & well-known bar & grill
Established and well-known bar and grill located on high-traffic Fosterburg Road. This turnkey commercial offering includes 2.7 +/- acres with approximately 8,800 sq ft of versatile commercial space designed for entertainment, dining, and events.
Entertainment & Bar Features
Three full bars, including:
Main indoor bar
Large indoor event space with stage
Outdoor bar featuring a full-size boat serving station
Multiple entertainment stages:
One indoor stage
Two outdoor stages for live music and events
Large outdoor area with garage doors opening to additional seating
Private indoor gaming room
Historically generated over $90,000 per year
Kitchen & Equipment
Updated commercial kitchen
New walk-in cooler
Two new freezers
Additional Highlights
Several TVs with updated camera system
Turnkey offering includes:
Chairs and tables
Memorabilia
Mechanical bull
And Much More
Hug...
Huge outdoor patio with new drainage system
Large asphalt paved parking lot
Additional lot for overflow parking or future expansion
Property Information
Parcel IDs: 19-1-08-05-00-000-009
19-1-08-05-00-000-010
2024 Real Estate Taxes: $15,795.60
Terms: $50,000 down on refundable earnest money at the time of contract signing. A 5% buyers premium will be added to the final bid price to establish the total contract price of the property. Closing will take place in 45 days or less. Broker Co-op will be offered.
Directions
Directions: From IL State Rt 140 College Ave ~ go north on Fosterburg Rd to property.