207 S Butler Street
Nelson, IL, 61021 $ 325,000
Baths0.0 Sq 5,256 Monthly Estimate*
$ 2,160
Studio
for $325,000. This 5,256 square foot building was built on a lot size of 0.841942.
THE RAILSIDE BAR & GRILL is being offered for sale! This is a well established business that features tons of updated amenities and is being sold completely turn key! Featuring ample seating with 2 bars, pub tables along with sit down dining with tables and chairs in the banquet room. You will love all the charm of this bar with stain glass windows, overhead train on track, patio door leading to pavilion with plenty of out door seating in the fenced in beer garden. This building is ADA accessible, has a large updated kitchen, dumb waiter, storage room, basement with walk in freezer, walk in cooler, keg cooler, extra kitchen prep space, (2) 720 sq. ft. garages, storage shed, Security system & so much more. Located on a large corner lot with plenty of off street parking in the private Black topped parking lot. Included is a spacious 2 bedroom, 2 bath apartment located upstairs with hardwood flooring, colonnades, gas fireplace, laundry hookups and access from the bar. Furnace new in 2022, Well new in 2020, entire septic and field replaced in 2005, energy saving lights installed throughout the building, central vac system, newer rubber roof, security cameras and lights, all refrigerators, coolers, freezers, fryers and so forth have been well maintained and updated if needed. The sale includes the real estate along with all owned equipment, fixtures & inventory. Do Not Miss Out on this completely Turn Key chance to own your own business! Business financials discussed after prequalification has been verified with signed confidentiality agreement.
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Commercial ActiveBar/Tavern/Lounge,Restaurant
FeaturesGeneralCooling Central Air Window Unit(s)
Possession Closing
Zoning COMMR
Tenant Pays Air Conditioning Electricity Heat Janitorial Service Taxes Insurance Repairs Gas
Stories 2
Tax Year 2022
Business Type Bar/Tavern/Lounge Restaurant
Business Name THE RAILSIDE BAR AND GRILL
County Lee
Operating Expense 0
Property Type Business Opportunity Bus / Bus w/Real Est
Possible Use Liquor License
Status Active
Directions US-30 N on Nelson Rd. 2.7 miles to property on the left
City Nelson
MLS Area Dixon / Nelson
Lot Size Square Feet 36675
Waterfront Y/N N
Street Name Butler
Tax Annual Amount 5588
Additional Parcels Y/N N
Days on Market 729
Standard Status Active
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ExteriorBuilding Area Total 5256
Lot Dimensions 163 X 225
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* Excluded FeaturesList ByLori Patterson Real EstateBroker
loripatterson22@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,160
- Monthly Property Taxes
- $466
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Nelson, IL
Average List Price $325,000
Percent of Sale Price 0%
About Nelson, IL 177 Population
1% Since 2002
$ 51,500 Median Income
46.42 Median Age
14% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
10/11/2023 | $325,000 | -13.33% | Price Down |
4/11/2022 | $375,000 | | Listed Price |