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416 W Washington Street

Oregon, IL 61061
  • $349,000
  • STATUS: Active
  • ON SITE: 167 Days
  • MLS #: 11490171
UPDATED: 50 min ago
$349,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
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Type:
Business Opportunity
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Area:

School Ratings & Info

Description

THE CHILE PEPPER GRILL & BAR is being offered for sale! After 20 successful years in business and their best year of business revenue in 2021, the owners are ready for the next chapter. Here is your chance to own a piece of property in booming downtown Oregon with a well-established bar and grill. Locals love the Chile Pepper along with other regulars that travel from afar. Known for the great atmosphere and delicious food, this business is being sold completely turnkey! The sale includes the real estate along with all equipment. There is seating inside for nearly 70 guests comprised of pub tables and a bar space. With a new rolled rubber roof in 2022, the building is ADA accessible, has ample storage and a large kitchen. Added ambiance with the large window with views of the beautiful and historic courthouse and downtown Oregon. High traffic count along Route 64/North Avenue. If you have always dreamed of owning a bar, do not miss your chance to call this successful bar and grill yours! Owner financing may be available for qualified buyers.

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© 2023 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 Century 21 Affiliated. Based on information submitted to the MRED as of 2023-01-26T23:57:39.74 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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416 W Washington Street Oregon, IL 61061

  • Price: $349,000
  • Status: Active
  • On Site: 167 Days
  • Updated: 50 min ago
  • MLS #: 11490171
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Oregon
County:
Ogle
Area:
Oregon
Property Description
THE CHILE PEPPER GRILL & BAR is being offered for sale! After 20 successful years in business and their best year of business revenue in 2021, the owners are ready for the next chapter. Here is your chance to own a piece of property in booming downtown Oregon with a well-established bar and grill. Locals love the Chile Pepper along with other regulars that travel from afar. Known for the great atmosphere and delicious food, this business is being sold completely turnkey! The sale includes the real estate along with all equipment. There is seating inside for nearly 70 guests comprised of pub tables and a bar space. With a new rolled rubber roof in 2022, the building is ADA accessible, has ample storage and a large kitchen. Added ambiance with the large window with views of the beautiful and historic courthouse and downtown Oregon. High traffic count along Route 64/North Avenue. If you have always dreamed of owning a bar, do not miss your chance to call this successful bar and grill yours! Owner financing may be available for qualified buyers.
Exterior Features

Frontage Type City StreetState Road Land Amenities Lighting/Exterior Lot Size Less Than .25 Acre Outdoor Parking 51-100 SpacesLightedPavedPublic Lot Parking Total 3 Roof MetalRubber Waterfront YN No

Interior Features

Cooling Central Air Heat Ventilation Central Bldg Heat Miscellaneous Inside Handicapped Access

Property Features

Additional Parcels YN No Adjusted Net Income 0 Adjusted Net Income Year 2021 Annual Rent For Real Estate 0 Building Area Total 2100 Business Age 11+ Years Business Type Bar/Tavern/LoungeRestaurant Corporate Limits Oregon Current Use Commercial Electric Service - 201 To 600 Amps Gross Profit Year 2021 Gross Sales Annual 0 Gross Sales Annual Year 2021 Location Central Business District Mls Actual Status Active Operating Expense 0 Ownership Types Individual Possible Use CommercialLiquor LicenseOffice And ResearchRecreationalRetailSpecial Use Property Offered For Sale Only Real Estate Included Yes Sale Price Includes LandBuildingBusinessEquipmentOwner Will Train Tax Annual Amount 3490.72 Tax Year 2021 Tenant Pays Air ConditioningElectricityHeatInsuranceSewer Type Bus / Bus W/Real Est Type Of Lease None Zoning Commr

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Re/Max Of Rock Valley: 815-732-9100.


© 2023 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 Century 21 Affiliated. Based on information submitted to the MRED as of 2023-01-26T23:57:39.74 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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