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    2705 NE 3000 N

    Penfield, IL 61862
    • $69,900
    • STATUS: Active
    • ON SITE: 1056 days
    • MLS #: 09831302
    UPDATED: 26 min ago

    School Ratings & Info

    Description

    THIS BUILDING PREVIOUSLY HOUSED THE 'OASIS' RESTAURANT FOR SEVERAL YEARS..CONCRETE BLOCK BUILDING BUILD ON A SLAB, APPROXIMATELY 3948 SQUARE FEET WITH DINING AREA, BAR AREA, KITCHEN AREA,TWO SETS OF RESTROOMS AND TWO GAMING AREAS. MUCH OF THE EQUIPMENT TO INCLUDE BOOTHS, TABLES, CHAIRS BAR AND STOOLS AND SOME KITCHEN EQUIPMENT ,WALK IN COOLER IN BAR AREA AS WELL AS LARGE COOLER OUT BACK REMAINS ON THE PREMISES NEW SEPTIC SYSTEM INSTALLED A FEW YEARS AGO WITH FIELD TO THE EAST OF THE PARKING LOT. PREVIOUSLY HAD A FULL SCALE MENU TO INCLUDE BREAKFAST, LUNCH AND DINNER..GAMES ROOMS USED TO INCLUDE POOL TABLES AS WELL AS VIDEO GAMING MACHINES. SOME OF THE KITCHEN EQUIPMENT AS WELL AS BEER COOLER AND AC UNITS HAVE BEEN REMOVED..OWNER WILL SELL OT LEASE WITH A TRIPLE NET LEASE IN EFFECT(OCCUPANT PAYS ALL OPERATING EXPENSES TO INCLUDE REAL ESTATE TAXES, PROPERTY INSURANCE AND ANY IMPROVEMENTS NEEDED. OWNER WILL LOOK AT ALL OFFERS WITH PROOF OF FINANCING ,PRICED $49,000 BELOW COUNTY

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    © 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 2020-12-03T11:54:48.493 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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    2705 NE 3000 N Penfield, IL 61862

    • Price: $69,900
    • Status: Active
    • Updated: 26 min ago
    • MLS #: 09831302
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2
    Acres
    3,948
    SQFT
    $18
    $/SQFT
    Neighborhood:
    Dewey / Fisher / Flatville / Foosland / Gifford / Ludlow / Penfield / Rantoul / Thomasboro
    County:
    Champaign
    Area:
    Dewey / Fisher / Flatville / Foosland / Gifford / Ludlow / Penfield / Rantoul / Thomasboro
    Property Description
    THIS BUILDING PREVIOUSLY HOUSED THE 'OASIS' RESTAURANT FOR SEVERAL YEARS..CONCRETE BLOCK BUILDING BUILD ON A SLAB, APPROXIMATELY 3948 SQUARE FEET WITH DINING AREA, BAR AREA, KITCHEN AREA,TWO SETS OF RESTROOMS AND TWO GAMING AREAS. MUCH OF THE EQUIPMENT TO INCLUDE BOOTHS, TABLES, CHAIRS BAR AND STOOLS AND SOME KITCHEN EQUIPMENT ,WALK IN COOLER IN BAR AREA AS WELL AS LARGE COOLER OUT BACK REMAINS ON THE PREMISES NEW SEPTIC SYSTEM INSTALLED A FEW YEARS AGO WITH FIELD TO THE EAST OF THE PARKING LOT. PREVIOUSLY HAD A FULL SCALE MENU TO INCLUDE BREAKFAST, LUNCH AND DINNER..GAMES ROOMS USED TO INCLUDE POOL TABLES AS WELL AS VIDEO GAMING MACHINES. SOME OF THE KITCHEN EQUIPMENT AS WELL AS BEER COOLER AND AC UNITS HAVE BEEN REMOVED..OWNER WILL SELL OT LEASE WITH A TRIPLE NET LEASE IN EFFECT(OCCUPANT PAYS ALL OPERATING EXPENSES TO INCLUDE REAL ESTATE TAXES, PROPERTY INSURANCE AND ANY IMPROVEMENTS NEEDED. OWNER WILL LOOK AT ALL OFFERS WITH PROOF OF FINANCING ,PRICED $49,000 BELOW COUNTY
    Exterior Features

    Approx Land Sq Footage 3000 Construction Materials Block Frontage Type State Road Location Corner Miscellaneous Outside Handicapped Access Outdoor Parking 51-100 Spaces Parking Total 65 Roof Membrane Waterfront YN No

    Interior Features

    Cooling None Electric Other Heat Ventilation Central Bldg HeatGas Miscellaneous Inside Handicapped AccessPublic Restroom/SStorage InsideOther Seating Capacity 41-5051-75

    Property Features

    Additional Parcels YN No Adj Net Income Year 1000 Adjusted Net Income 1 Annual Rent For Real Estate 1 Business Age 11+ Years Business Name Oasis Business Type Bar/Tavern/LoungeFood & BeverageRestaurant Corporate Limits Unincorporated Cost Of Goods Sold 1000 Cost Of Goods Year 1000 Current Use Commercial Existing Lease Type Net Food Beverage Type RestaurantCarry-OutGrill General Information Seller's Disclosure Gross Payroll 1 Gross Payroll Year 1000 Gross Profit 1 Gross Profit Year 1000 Gross Sales Ann Year 1000 Gross Sales Annual 1 Inventory 1 Inventory Year 1000 Known Encumbrances First Mortgage Land Amenities Lighting/Exterior Living Quarters None Lot Size 2.0-2.99 Acres Lot Size Dimensions 476 X 183 Net Operating Income Year 1000 Net Profit 1 Non- Disclosure Agreement Required YN No Operating Expense 1000 Ownership Type Llc Ownership Type1 Condo Possible Use Commercial Property Offered For Sale Or Rent Real Estate Included YN Yes Sale Includes LandBuildingBusinessEquipmentTrade FixturesInventoryBusiness Name Sales Taxes 1 Sales Taxes Year 1000 Seller Will Master Lease Tax Annual Amount 5462 Tax Year 2019 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatJanitorial ServiceTaxesInsuranceRepairsRoofStructureSewerGas Total Actual Rent 1500 Total Operating Expenses Year 1000 Type Bus / Bus W/Real Est Type Of Lease Net Lease Unincorporated YN Yes Utilities Electric To SiteGas To SiteSeptic-Private Zoning Other

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Realty 2000,Inc.


    © 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 2020-12-03T11:54:48.493 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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    Ryan Dallas Real Estate
    4112C Fieldstone Road
    Champaign IL, 61822