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120 Depot St Gardner Il 60424 120 Depot St

3,000 SF 100% Leased Retail Building Gardner, IL 60424 $305,000 ($102/SF)

Executive Summary

Thriving established, well loved family friendly restaurant & pub located on historic Route 66 in Gardner IL is seeking the perfect someone to continue its legacy. Located in the center of Depot St in the constantly improving downtown area. Renovated & fresh, currently with a vintage feel but can be adapted to many styles. 3000 sq. ft of functional space on lower level of 2 connected buildings that include a pub area with bar seating. and a dining room with table seating only... presently set up for 100-115 person capacity total, though you can see it can comfortably seat many more. Lower level also has a video gaming room, 3 restrooms, 3 closets, a waitress station, kitchen, kitchen storage and a large walk in cooler and freezer. Unfinished cellar type basement under one building and crawl space under the other. Patio, flower garden, backyard with privacy fence. 3 (plus) car garage. 1500 sq ft 3 bedroom apartment on 2nd level with deck. This is a favorite place for many to hold celebrations & spend time with friends & family. Currently only open weekends...this business is deeply loved by its proprietor & patrons. The decision to pass the torch is NOT an easy one and is NOT due to a lack of business... on the contrary!! The ratings on many platforms are glowing & customers want more... more hours, more specials, new menu items... The proprietor loves this business and all the people who enter, but with all good things in life changes are occurring to lead them to make the tough decision to work towards retirement. If you want to be a part of an incredible community and this sounds like an opportunity you would be interested in, please make an appointment to view the property.

Property Facts

Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Bar
Building Size
3,000 SF
Building Class
C
Year Built
1919
Price
$305,000
Price Per SF
$102
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.26
Land Acres
0.27 AC

Amenities

  • Restaurant
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-04-458-022
Land Assessment
$9,988
Improvements Assessment
$65,094
Total Assessment
$75,082
  • Listing ID: 33461399

  • Date on Market: 10/9/2024

  • Last Updated:

  • Address: 120 Depot St, Gardner, IL 60424

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