Skip To Content
    Return to Previous Page

    249 N Central Street

    Gilman, IL 60938
    • $179,900
    • STATUS: Active
    • ON SITE: 199 days
    • MLS #: 10719457
    UPDATED: 33 min ago
    $179,900
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,960
      SQFT
    • $45
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    Owners are retiring and relocating and want to hand this GEM off to the next owner that will have the same pride in ownership that they have had for their bar for the past 14 years! Established Bar & Restaurant in downtown Gilman that is located in the heart of the business district! Seating for 100+, billiards, video gaming, and stage for live entertainment. Built in 2006, this building features: steel built Cleary building w/50 year warranty, front over hang, reinforced concrete flooring, security system, digital sign, 8 flat screen TV's, 2 furnaces, 3 AC units, 3 phase electric w/400 amp service. The business has a full operating kitchen, 2 walk in coolers, 1 walk in freezer, and set up for catered parties. They offer regular specials, & live bands/ entertainments on the weekends drawing large crowds.

    Monthly Payment Calculator



    © 2020 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 2020-12-05T09:51:58.94 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
    www.centralilhomefinder.com/homes/106034696
    Print Image

    249 N Central Street Gilman, IL 60938

    • Price: $179,900
    • Status: Active
    • Updated: 33 min ago
    • MLS #: 10719457
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,960
    SQFT
    $45
    $/SQFT
    Neighborhood:
    Gilman
    County:
    Iroquois
    Area:
    Gilman
    Property Description
    Owners are retiring and relocating and want to hand this GEM off to the next owner that will have the same pride in ownership that they have had for their bar for the past 14 years! Established Bar & Restaurant in downtown Gilman that is located in the heart of the business district! Seating for 100+, billiards, video gaming, and stage for live entertainment. Built in 2006, this building features: steel built Cleary building w/50 year warranty, front over hang, reinforced concrete flooring, security system, digital sign, 8 flat screen TV's, 2 furnaces, 3 AC units, 3 phase electric w/400 amp service. The business has a full operating kitchen, 2 walk in coolers, 1 walk in freezer, and set up for catered parties. They offer regular specials, & live bands/ entertainments on the weekends drawing large crowds.
    Exterior Features

    Approx Land Sq Footage 3960 Construction Materials Steel Siding Frontage Type City Street Location Central Business District Miscellaneous Outside Handicapped Access Outdoor Parking 13-18 Spaces Parking Total 18 Roof Metal

    Interior Features

    Cooling Central Air Electric 201-600 Amps Heat Ventilation Forced AirGas Miscellaneous Inside Handicapped Equip Washroom/SStorage Inside Seating Capacity 100+

    Property Features

    Additional Parcels YN No Adj Net Income Year 2019 Adjusted Net Income 1 Annual Rent For Real Estate 1 Business Age 11+ Years Business Type Bar/Tavern/LoungeFood & BeverageRestaurant Cost Of Goods Sold 1 Cost Of Goods Year 2019 Current Use Commercial Food Beverage Type RestaurantGrill General Information List Broker Must AccompanyNo Sign On PropertyAfter Hours OnlyHighly Confidential Gross Payroll 1 Gross Payroll Year 2019 Gross Profit 1 Gross Profit Year 2019 Gross Sales Ann Year 2019 Gross Sales Annual 1 Inventory 1 Inventory Year 2019 Known Encumbrances None Known Lot Size Less Than .25 Acre Lot Size Dimensions 75X100 Net Operating Income Year 2019 Net Profit 1 Operating Expense 1 Ownership Type Corporation Ownership Type1 Corporation Possible Use Liquor License Property Offered For Sale Only Real Estate Included YN Yes Sale Includes LandBuildingBusinessEquipmentTrade FixturesInventoryOwner Will TrainPhone NumberBusiness Name Sales Taxes 1 Sales Taxes Year 2019 Tax Annual Amount 5590.54 Tax Year 2018 Tenant Pays Varies By Tenant Total Operating Expenses Year 2019 Type Bus / Bus W/Real Est Type Of Lease None Utilities Water-Municipal Zoning Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Smith's Real Estate Services, Ltd.


    © 2020 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 2020-12-05T09:51:58.94 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
     
    https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_10719457-2.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_10719457-2.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_10719457-2.jpg
    Logo
    Ryan Dallas Real Estate
    4112C Fieldstone Road
    Champaign IL, 61822