Address
9180 State Route 140, Hamel, IL
Price
$ 534,900
Property Attributes
  • MLS#23029887
  • TypeCommercial
  • CountyMADISON-IL
  • CityHamel
  • Zip62046
  • StyleRestaurant,Meeting Hall,Office
  • Taxes$ 5729
  • Price$ 534,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2.18 Acres
Data Source:
Mid America Regional Information Systems (MARIS)
Property Description

Great investment opportunity to own an interstate frontage restaurant/bar! The sale includes all equipment and inventory, allowing you to immediately begin your business ventures. Interstate 55 had an estimated daily traffic count of 33,500 through 2022. High traffic continues in front of business due to truck stop/travel center across from business. Inside, find ample seating and bar area with full kitchen on main level. Separate pizza cooking zone with oven located next to kitchen area. Outside, find great seating overviewing back lake. Downstairs you will find an excellent banquette room to host events and many other possibilities. Main level provides 2962 sq ft of space. Property offers over 2 acres of land. Separate office building of approx. 1000 sq ft is also included in the sale, and has another business currently renting. Schedule an appointment to see all that this property and business have to offer. Showings will be held during non-business hours. Allow 24 hours notice.

Price History
5/15/2024 Listed $534,900

General Features

Sewer Public Sewer
Heating None
Cooling Electric
Utilities Cable Available,Electricity Available,Gas to Site,Water Available,Sewer Available,Phone Available
Possession Close Of Escrow
Roof Architecural Shingle
Development Status Unknown
Zoning Highway Commercial
Construction Materials Conventional
Electric 220 Volts
Property SubType Commercial & Indr.
Tax Year 2021
Current Use Mixed Use,Restaurant,Office,Bar/Tavern,Meeting Hall,Professional/Office
Business Name The Other Place On The Hill
County Madison-IL
Property Type Commercial Sale
Attached Garage No
Subdivision Name None
Possible Use Restaurant,Meeting Hall,Office
Directions https://goo.gl/maps/pNQAJafUVGmf121j7
City Hamel
Disclosures Unknown,Flood Plain No,Sellers Discl Not Av
Lot Size Square Feet 94961
Street Name State Route 140
Tax Annual Amount 5729
Ok to Lease None
Days on Market 347
Standard Status Active

Interior Features

Heating Y/N Yes

Exterior Features

Parking Features Parking Lot,Asphalt
Water Source Public
Inclusions Land/Building & Bus,Some Equipment,Some Fixtures,Some Inventory
Lot Dimensions TBD
Lot Size Acres 2.18
Lot Size Source County Records
Road Frontage Type Interstate,State Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 62046

Price
AVG $530K
$530K
Taxes
AVG $5,729
$5,729
Visits
AVG 12
11
Data Provided by Inside Real Estate®