7400 Archer Rd Justice, IL 60458

Price
Not For Sale
Last Update
May 2nd, 2024
Type
Off Market
Status
Off Market
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3275 sqft
Off Market

Snapshot

Property Type
Other
Lot Size
Property Sqft
3,275
MLS Number
12001468
Year Built
1901
Days On Market

Description

Great opportunity for the savvy entrepreneur to purchase long standing, well-established, free-standing, mixed use building offering retail space and residential rental unit. Current use as bar/restaurant provides excellent cash flow. Additional income provided by multiple video gaming terminals, with room for more. This charming and unique bar & restaurant has been part of the community since 1963. Opportunity to keep current business model or change to yours. 3,275 square feet free standing building houses bar/restaurant and large vacant 2-bedroom apartment, providing opportunity for additional residential income. The real estate includes .75 acres of land composed of two separate parcels. The building is situated on .36 acres with the second parcel being mainly vacant and gravel, consisting of nearly .39 acres. The bar & restaurant has so much history, charm, and character. Turn-key opportunity. 5 video gaming terminals currently, with room for more. Functional kitchen. Full basement allows for additional storage. Large outdoor grass picnic area with stage, perfect for parties, picnics, and music. Expansive outdoor wooden pavilion built in 2019 provides plenty of outdoor seating. Property has been lovingly maintained but being sold "As - Is". Additional information including address, pictures, and financials will only be provided to qualified and vetted buyers. Proof of funds or lender approval letter required. Please do not contact management, staff, or customers directly. Confidentiality agreement to be signed by buyer and agent. On high traffic road with estimated daily traffic counts over 15,000.

More Details

Provider
Realty Executives Elite
MLS ID
MREDIL
MLS Name
Midwest Real Estate Data, LLC
MLS Number
12001468
Source
listhub
PARTICIPANT
Name
James Chipain
Primary Phone
(630) 243-9500
Key
3YD-MREDIL-251662
Email
jchipain@gmail.com; jimchipain@realtyexecutives.com
BROKER
Name
Realty Executives Elite
Phone
(630) 243-9500
OFFICE
Name
Realty Executives Elite
Phone
(630) 243-9500
Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

History

DateEventPrice$/SqftSource
Listing Removed For Sale$680,000 $208Realty Executives Elite
Listed For Sale$680,000 $208Realty Executives Elite
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Nearby Schools

Elementary School

Frank A Brodnicki Elementary School

0.2 miles awayKG - 06

Junior High School

Geo T Wilkins Junior High School

0.9 miles away07 - 08

Elementary School

George T Wilkins Elementary School

0.9 miles awayKG - 06
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