Properties

Property Description

Formerly doing business as The Grill, this restaurant is a much needed and anticipated business in Colchester. It was remodeled in 2021 and has since been improved with new furnace and central air in 2024. The building sells with all restaurant equipment, a walk-in cooler and freezer, a prep area, dry storage area, and an office. Many additional kitchen items and cookware are also included. There are additional booths that stay and would seat approximately 32 more people, in addition to the current seating of 52. There are 3 buildings included with a 2-bedroom apartment above building 2, and a 2-bedroom apartment above building 3. A beauty shop occupies the lower level of building 3. The current rental income is $2,200 per month, and could be more with the rental of the lower level of building 2. One apartment has a new furnace in 2024, and both apartments have solar panels. This is a great investment opportunity to start a restaurant business, with a good monthly rental income already established. Call for your opportunity to view!

Features
: Forced Air, Natural Gas
: Central Air
: Flat
: Wood
NA
Address Map
US
IL
McDonough
Colchester
MARKET
134
Street
0
W91° 12' 30.5''
N40° 25' 29.3''
From Rte 136, turn south on Fulton St. 2 blocks to Market St., property on Corner.
W
MLS Addon
Key, REALTORS
Paula
Clark
$0
: Brick
4
: Two, Three Or More
RMAPAP1007472
RMAPAPKEY
Active
05-000-568-00
: Public Sewer
$2,238
2024
clarkp@adams.net

Commercial Sale For Sale

134 MARKET Street, Colchester, Illinois

0 Acre
$275,000
Listing ID #RMAPA1265241
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : RMAPA1265241
Price : $275,000
Year Built : 1890
Lot Size : 0 Acre
Property Sub Type : Commercial
Standard Status : Active
Agent info
Gateway Realty Group
Contact Agent