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2705 NE 3000 N

Penfield, IL 61862
  • $69,900
  • STATUS: Active
  • ON SITE: 1421 Days
  • MLS #: 09831302
$69,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,948
    SQFT
  • $18
    $/SQFT

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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© 2021 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 The Dena Furlow Team - Keller Williams Realty. Based on information submitted to the MRED as of 2021-12-03T00:00:49.62 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
  • On Site: 1421 Days
  • MLS #: 09831302
0
Beds
0
Baths
0
½ Baths
N/A
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

Frontage Type State Road Land Amenities Lighting/Exterior Lot Size 2.0-2.99 Acres Outdoor Parking 51-100 Spaces Parking Total 65 Roof Membrane Waterfront YN No

Interior Features

Cooling None Heat Ventilation Central Bldg HeatGas Miscellaneous Inside Handicapped AccessPublic Restroom/SStorage InsideOther

Property Features

Additional Parcels YN No Adjusted Net Income 1 Adjusted Net Income Year 1000 Annual Rent For Real Estate 1 Building Area Total 3948 Business Age 11+ Years Business Type Bar/Tavern/LoungeFood & BeverageRestaurant Corporate Limits Unincorporated Current Use Commercial Electric Other Gross Profit Year 1000 Gross Sales Annual 1 Gross Sales Annual Year 1000 Location Corner Operating Expense 1000 Ownership Types Condo Possible Use Commercial Property Offered For Sale Or Rent Real Estate Included Yes Rental Price 4.5 Sale Price Includes LandBuildingBusinessEquipmentTrade FixturesInventoryBusiness Name Seller Needs Cash Seller Will Master Lease Tax Annual Amount 5462 Tax Year 2019 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatJanitorial ServiceTaxesInsuranceRepairsRoofStructureSewerGas Type Bus / Bus W/Real Est Type Of Lease Net Lease Utilities Electric To SiteGas To SiteSeptic-PrivateWell Private Zoning Other

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Realty 2000,Inc.


© 2021 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 The Dena Furlow Team - Keller Williams Realty. Based on information submitted to the MRED as of 2021-12-03T00:00:49.62 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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