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900 N Union St
Dwight, IL 60420

Property - Route 47 Just Off The I-55 Exit · Property For Lease

Highlights

  • Bring Your Concept Here Or Re-Develop The Site
  • Can Sub-Divide The Property
  • 7,800 SqFt Freestanding Building + 40x60 Pole Bar - 5.1 Acres - RET $15,103
  • Well Established Restaurant Location For Over 26 Years - Great For A Diner Or Breakfast Place & So Much More
  • This Site Is Also Ideal For Re-Development To A Gas Station, Truck Stop, Fast-Food Restaurant Or Restaurants, Strip Center, Self-Storage & More
  • Also The Option To Lease The Space For $6,000/Mth

PROPERTY FACTS

Property Type Retail
Property Subtype Restaurant
Gross Leasable Area 7,800 SF
Year Built 1997

About the Property

Longstanding Restaurant & Bar On 5.1 Acres Dwight, IL - On Route 47 Just Off The I-55 Exit Incredible opportunity! Well established restaurant location for over 26 years. Fully equipped. Currently a separate restaurant and bar. Ample seating for 180 in the restaurant and 64 in the bar, plus an enclosed patio out back. Can also add gaming. Bring your concept here - great for a diner or breakfast place and so much more! Can sub-divide the property. This site is also ideal for re-development to a gas station, truck stop, fast-food restaurant or restaurants, strip center, self-storage and more. Location: Prime retail space in a freestanding building with large pylon sign and huge crushed gravel parking lot. Perfectly situated on Route 47 and just off the I-55 exit. Adjacent McDonald’s, Subway and Dwight Pizza & More, as well as Super 8 by Wyndham and Classic Inn. In addition to Circle K, BP, MI & RJ and a Love’s Travel Stop. Also, near an Aldi’s Distribution Center. Year Established: 1997. Property Information: Freestanding building built in 1997. On 5.1 acres (4.5 acre crushed gravel parking lot). 5,800 sqft restaurant + 2,000 sqft bar + 40x60 pole barn. Two private water wells and city water. PIN Number: 1134300008. Real estate taxes $15,103/yr. Square Feet: 7,800. Seating: 180 Restaurant + 64 Bar + Enclosed Patio. Days/Hrs of Operation: Currently closed. Owners Role: Absentee owned. Value of FF&E: Included In Asking Price (Valued at $200,000). Value of Inventory: Not Included In Asking Price. Seller Financing Available: No. Reasons for Selling: Retiring. Competition/Market: Boasts great signage, visibility and access. Surrounded by several fast-food restaurants, hotels and gas stations. Growth & Expansion: Exceptional piece of real estate on a busy route just off the interstate. Feel free to stop by the location first. This is a HIGHLY confidential listing. If interested, contact EatZ for more information. Showings by appointment only. Listed by Ted Aretos at EatZ & Associates / EatZ Real Estate Group LLC

  • Freeway Visibility
  • Restaurant
  • Tenant Controlled HVAC
  • Air Conditioning
  • Listing ID: 27796805

  • Date on Market: 2/20/2023

  • Last Updated:

  • Address: 900 N Union St, Dwight, IL 60420

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