1841 State Street

    WESTVILLE, IL 61883
    • $210,000
    • STATUS: Active
    • ON SITE: 132 days
    • MLS #: 10568118
    UPDATED: 62 min ago
    $210,000
    • 0
      BEDS
    • .50-.99 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,800
      SQFT
    • $75
      $/SQFT
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    AN OPPORTUNITY TO OWN, "TWO BROTHERS" RESTAURANT LOCATED ON BUSY ILLINOIS ROUTE 1, WESTVILLE, IL. GROSS INCOME $147,308. THE FAMILY STYLE RESTAURANT IS OPEN 7 DAYS A WEEK. CURRENTLY WEEKDAY HOURS ARE 5:30AM UNTIL 9:00 PM. IN ADDITION TO THE DINING ROOM, THERE IS A PRIVATE MEETING ROOM WHICH WOULD HOLD 24 BANQUET OR DINNER STYLED DINING FOR PRIVATE SERVICE. THERE IS NO LIQUOR LICENSE, BUT THE TOWN OF WESTVILLE WOULD BE OPEN TO AN APPLICATION.

    Monthly Payment Calculator



    © 2020 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 Property Consultants Realty. Based on information submitted to the MRED as of 2020-04-03T18:51:06.497 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
    www.propertyconsultants.com/homes/101210398

    1841 State Street WESTVILLE, IL 61883

    • Price: $210,000
    • Status: Active
    • Updated: 62 min ago
    • MLS #: 10568118
    0
    Beds
    0
    Baths
    0
    ½ Baths
    .50-.99 Acre
    Acres
    2,800
    SQFT
    $75
    $/SQFT
    Neighborhood:
    Balance Of Vermillion County
    County:
    Vermilion
    Area:
    Balance Of Vermillion County
    Property Description
    AN OPPORTUNITY TO OWN, "TWO BROTHERS" RESTAURANT LOCATED ON BUSY ILLINOIS ROUTE 1, WESTVILLE, IL. GROSS INCOME $147,308. THE FAMILY STYLE RESTAURANT IS OPEN 7 DAYS A WEEK. CURRENTLY WEEKDAY HOURS ARE 5:30AM UNTIL 9:00 PM. IN ADDITION TO THE DINING ROOM, THERE IS A PRIVATE MEETING ROOM WHICH WOULD HOLD 24 BANQUET OR DINNER STYLED DINING FOR PRIVATE SERVICE. THERE IS NO LIQUOR LICENSE, BUT THE TOWN OF WESTVILLE WOULD BE OPEN TO AN APPLICATION.
    Exterior Features

    Approx Land Sq Footage 2800 Lot Dimensions 703 X Lot Sq Ft 84360 Number Of Parking Spaces 20 Waterfront YN No

    Interior Features

    Air Conditioning Central Air Number Of Stories 1

    Property Features

    Adj Net Inc Expense Source Actual Adjusted Net Income 15264 Ann Rnt Expense Source Actual Annual Rent For Real Estate 0 Business Age 11+ Years Business Name Two Brothers Restaurant Business Type Restaurant Cost Of Goods Expense Source Actual Cost Of Goods Sold 66690 Cost Of Goods Year 2017 Food Beverage Type RestaurantCarry-OutGrill Gross Payroll 32649 Gross Payroll Expense Source Actual Gross Payroll Year 2017 Gross Profit 80618 Gross Profit Expense Source Actual Gross Profit Year 2017 Gross Sales Ann Expense Source Actual Gross Sales Ann Year 2017 Gross Sales Annual 147308 Heat Ventilation Forced AirGas Inventory 1158 Inventory Expense Source Actual Inventory Year 2017 Known Encumbrances None Known Living Quarters None Net Operating Income Year 2017 Net Profit 15264 Net Profit Source Actual Possession Closing Property Offered For Sale Only Real Estate Included YN Yes Seating Capacity 41-50 Tax Year 2018 Taxes 5881.70 Tenant Pays Air ConditioningElectricHeatJanitorialReal Property TaxesInsuranceRepairs And MaintenanceRoofScavengerStructureWater/SewerCooking Gas Total Op Exp Year 2017 Total Op Expense Source Actual Total Operating Expenses 93907 Type Of Lease None

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Re/Max Realty Associates-Cha.


    © 2020 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 Property Consultants Realty. Based on information submitted to the MRED as of 2020-04-03T18:51:06.497 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
     
    Property Consultants Realty
    2200 N Damen Ave.
    Chicago IL, 60647