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    311 E Main Street

    Forreston, IL 61030
    • $289,900
    • STATUS: Active
    • ON SITE: 285 days
    • MLS #: 10912673
    UPDATED: 49 min ago
    $289,900
    • 0
      BEDS
    • 0.55
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,564
      SQFT
    • $81
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    Great opportunity to own the only restaurant in town. This is an up and running business and doing well in a COVID world. Strong, loyal customer base, great schools, good place to start or re-locate your family or business to. There are several other rentals you can get $8,000+/yr in rent or live there yourself or put in a gaming parlor. Liquor license and video gaming available. Owner will stay on to familiarize you and help you get to know your customers. Financials available to a qualified buyer.

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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 Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-08-03T22:52:16.82 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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    311 E Main Street Forreston, IL 61030

    • Price: $289,900
    • Status: Active
    • Updated: 49 min ago
    • MLS #: 10912673
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.55
    Acres
    3,564
    SQFT
    $81
    $/SQFT
    Neighborhood:
    Forreston
    County:
    Ogle
    Area:
    Forreston
    Property Description
    Great opportunity to own the only restaurant in town. This is an up and running business and doing well in a COVID world. Strong, loyal customer base, great schools, good place to start or re-locate your family or business to. There are several other rentals you can get $8,000+/yr in rent or live there yourself or put in a gaming parlor. Liquor license and video gaming available. Owner will stay on to familiarize you and help you get to know your customers. Financials available to a qualified buyer.
    Exterior Features

    Approx Land Sq Footage 3564 Construction Materials Wood Frame Frontage Type City Street Outdoor Parking 19-30 Spaces Parking Total 20 Roof Composition Waterfront YN No

    Interior Features

    Cooling Central Air Electric 101-200 Amps Heat Ventilation Forced Air Seating Capacity 51-75

    Property Features

    Additional Parcels YN No Adj Net Income Year 2019 Adjusted Net Income 0 Annual Rent For Real Estate 0 Business Age 11+ Years Business Name Farmer's Restaurant Business Type Bar/Tavern/LoungeFood & Beverage Corporate Limits Forreston Cost Of Goods Sold 0 Cost Of Goods Year 2019 Current Use Commercial Food Beverage Type Restaurant General Information None Gross Payroll 0 Gross Payroll Year 2019 Gross Profit 0 Gross Profit Year 2019 Gross Sales Ann Year 2019 Gross Sales Annual 0 Inventory 0 Inventory Year 2019 Known Encumbrances None Known Leaseable Area Units Square Feet Living Quarters Possible Lot Size .50-.99 Acre Lot Size Dimensions 200 X 120 Net Operating Income Year 2019 Net Profit 0 Non- Disclosure Agreement Required YN Yes Number Of Full Time Employees 1 Number Of Part Time Employees 5 Operating Expense 0 Ownership Type Individual Ownership Type1 Individual Property Offered For Sale Only Real Estate Included YN Yes Sale Includes LandBuildingBusinessEquipmentOwner Will TrainPhone NumberBusiness Name Sales Taxes 0 Sales Taxes Year 2019 Tax Annual Amount 3278.34 Tax Year 2019 Tenant Pays Air ConditioningElectricityHeatJanitorial Service Total Operating Expenses Year 2019 Type Bus / Bus W/Real Est Type Of Lease None

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of A-1 Agency.


    © 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 Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-08-03T22:52:16.82 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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