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2102 4th Street W

Peru, IL 61354
  • $599,000
  • STATUS: Active
  • ON SITE: 89 Days
  • MLS #: 12283729
UPDATED: 28 min ago
$599,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
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Type:
Business Opportunity
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Area:

School Ratings & Info

Description

BE the next PROUD owner of this fine bar/supper club established in 2004, located at 4th(Rt.6) & Pike St with a traffic account of over 12,000 cars a day; new handicapped entrance in front; THE RIGHT SPICE, long established family owned business-21 years. Open 4 days a week and sometimes on Sundays with food servicing from 4 to 9 pm, with bar opening earlier at times. 2 separate dining rooms seating over 140 customers; bar area has 16 stools and 2 hi top tables seating 12 people and 4 hi tops seating 16 people, totaling 28 customers; 2 rest rooms off of bar area with 1 additional rest room off of South dining room along with a small kitchen/work room and additional room for an office; beautiful older classic wood bar with various draft beer taps with back bar, dating back to 1940's having decorative lights and open shelving for liquor bottles with bar area having dropped grid system with wood panels; West dining addition added to original building in early 1960's has stone decorative west wall and dropped ceiling with decorative lights and has its own roof top furnace and central air; full basement under original building has forced air furnace w/ central air and has storage room for liquor with basement also having an outside access; waitress station off main West dining room as window access to bar & basement; full kitchen has with stainless steel equipment: stoves, deep fryers, hood, work counter and dishwasher with kitchen having back entrance door leading to outside cooler and storage shed; parking in rear of building plus additional adjoining parking lot that owners have an agreement to use; additional income to building with 3-1 bedroom apartments upstairs with open floor plan and tastefully decorated, all having annual leases, available for showing only after prospect buyers show strong interest in building 1st and the same with their books, been in business over 21 years. You don't want to pass this profitable deal.

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2025-05-13T02:58:07.117 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2102 4th Street W Peru, IL 61354

  • Price: $599,000
  • Status: Active
  • On Site: 89 Days
  • Updated: 28 min ago
  • MLS #: 12283729
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Lasalle
County:
Lasalle
Area:
Lasalle
Property Description
BE the next PROUD owner of this fine bar/supper club established in 2004, located at 4th(Rt.6) & Pike St with a traffic account of over 12,000 cars a day; new handicapped entrance in front; THE RIGHT SPICE, long established family owned business-21 years. Open 4 days a week and sometimes on Sundays with food servicing from 4 to 9 pm, with bar opening earlier at times. 2 separate dining rooms seating over 140 customers; bar area has 16 stools and 2 hi top tables seating 12 people and 4 hi tops seating 16 people, totaling 28 customers; 2 rest rooms off of bar area with 1 additional rest room off of South dining room along with a small kitchen/work room and additional room for an office; beautiful older classic wood bar with various draft beer taps with back bar, dating back to 1940's having decorative lights and open shelving for liquor bottles with bar area having dropped grid system with wood panels; West dining addition added to original building in early 1960's has stone decorative west wall and dropped ceiling with decorative lights and has its own roof top furnace and central air; full basement under original building has forced air furnace w/ central air and has storage room for liquor with basement also having an outside access; waitress station off main West dining room as window access to bar & basement; full kitchen has with stainless steel equipment: stoves, deep fryers, hood, work counter and dishwasher with kitchen having back entrance door leading to outside cooler and storage shed; parking in rear of building plus additional adjoining parking lot that owners have an agreement to use; additional income to building with 3-1 bedroom apartments upstairs with open floor plan and tastefully decorated, all having annual leases, available for showing only after prospect buyers show strong interest in building 1st and the same with their books, been in business over 21 years. You don't want to pass this profitable deal.
Exterior Features

Frontage Type City Street Land Amenities Lighting/Exterior Lot Size Less Than .25 Acre Outdoor Parking 6-12 Spaces Roof CompositionMetal Waterfront YN No

Interior Features

Cooling Central AirExhaust FanWindow Unit(s) Heat Ventilation Forced AirGasGravity Miscellaneous Inside Elevator/s PassengerAccessible EntranceMulti-Tenant

Property Features

Additional Parcels YN No Adjusted Net Income 0 Adjusted Net Income Year 2024 Annual Rent For Real Estate 27600 Building Area Total 5196 Business Age 11+ Years Business Type Bar/Tavern/LoungeFood & BeverageRestaurant Corporate Limits Peru Electric Service - 201 to 600 Amps Green Building Verification Type Other Gross Profit Year 2024 Gross Sales Annual 650000 Gross Sales Annual Year 2024 Mls Actual Status Active Operating Expense 0 Ownership Type Partnership Ownership Types General Partnership Property Offered For Sale Only Real Estate Included Yes Sale Price Includes LandBuildingBusinessEquipmentTrade FixturesInventoryPhone NumberBusiness Name Seller Needs Cash Seller Will Other Tax Annual Amount 8471.98 Tax Year 2023 Tenant Pays Air ConditioningElectricityHeatTaxesInsuranceRepairsRoofScavengerSewerVaries by Tenant Type Bus / Bus w/Real Est Type Of Lease Other (See Remarks) Utilities Electric to SiteGas to SiteWater-Municipal

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Doug Biederstedt: (815) 228-1183.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2025-05-13T02:58:07.117 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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