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100 W Kenney Street

Divernon, IL 62530
  • $225,000
  • STATUS: Active
  • ON SITE: 42 Days
  • ID#: CA1020505
UPDATED: 44 min ago
$225,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
County:

School Ratings & Info

Description

This multi-use property generates easy income on a corner lot just off the square of a charming small-town, rural community. With a licensed gaming facility currently in lease (tenant holds license), $2900/month rental income is currently secured (leases attached) and will likely opt for renewal. Most recently used as a popular small town restaurant with many loyal locals! Just recently closed due to owner's other business endeavors; the kitchen & restaurant would seamlessly go up and running again. Features a dining room seating upwards of 25 guests at a time, fully functional commercial kitchen, bar area & the current inventory of equipment & supplies. This 3700 square foot building also features two overhead bay doors & the owner currently utilizes the available storage in that space. There are clearly endless possibilities for use & income, with current lease already in place & a second business ready to open.

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© 2023 RMLS Alliance, 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 the MLS or Kathy Garst Sales Team | The Real Estate Group. Data last updated: 2023-03-28T07:45:03.22.
www.kathygarst.com/homes/136942294
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100 W Kenney Street Divernon, IL 62530

  • Price: $225,000
  • Status: Active
  • On Site: 42 Days
  • Updated: 44 min ago
  • ID#: CA1020505
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Divernon, Glenarm, Pawnee, Etc
County:
Sangamon
Area:
Divernon, Glenarm, Pawnee, Etc
Property Description
This multi-use property generates easy income on a corner lot just off the square of a charming small-town, rural community. With a licensed gaming facility currently in lease (tenant holds license), $2900/month rental income is currently secured (leases attached) and will likely opt for renewal. Most recently used as a popular small town restaurant with many loyal locals! Just recently closed due to owner's other business endeavors; the kitchen & restaurant would seamlessly go up and running again. Features a dining room seating upwards of 25 guests at a time, fully functional commercial kitchen, bar area & the current inventory of equipment & supplies. This 3700 square foot building also features two overhead bay doors & the owner currently utilizes the available storage in that space. There are clearly endless possibilities for use & income, with current lease already in place & a second business ready to open.
Exterior Features

Construction Materials Wood SidingBlock Outdoor Dining YN No Roof Metal

Interior Features

Bar YN Yes Building Area Total 3322 Cooling Central Air Flooring Tile/Vinyl Heating Forced AirGas

Property Features

100 Year Flood Plain Unknown Agent Owned No Disclosed Short Sale No Financing Cash OnlyConventional Foreclosure YN No Frontage Type City StreetCorner Lot Irregular Lot YN No Levels OneSingle Tenant Loading Dock YN No Lot Size Dimensions 25 X 152 Net Operating Income -2392 Owner Pays Trash CollectionWater Possible Use OtherVehicle RelatedRestaurantRetail Sewer Public Sewer Tax Annual Amount 2392 Tax Incentive1 None Tax Legal Description 35210137012 Tax Year 2021 Tenant Pays ElectricityGas Type Commercial Underground Storage Tank YN No Water Source City Water - In StreetCity Water/Connected Zoning C-1

Listing provided courtesy of Kyle Killebrew of The Real Estate Group, Inc.: Mobl: 217-741-4040.
© 2023 RMLS Alliance, LLC. All Rights Reserved.


© 2023 RMLS Alliance, 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 the MLS or Kathy Garst Sales Team | The Real Estate Group. Data last updated: 2023-03-28T07:45:03.22.
 
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Kathy Garst Sales Team | The Real Estate Group
3701 W. Wabash Ave
Springfield IL, 62711