For Sale
$105,900

21575 State Highway 78 Canton, IL 61520

Established Bar, 1.42 Acres, Updated

Overview

Added:
Feb 3
Days on market:
79
This turnkey commercial property in Canton, IL presents a fantastic investment opportunity. The 1,144 square foot building, formerly the Sky Rocket Tap, is a fully operational tavern-style bar ready for immediate use. Recent renovations include a new roof (2023), updated HVAC system (furnace and A/C), new vinyl siding, and a new water heater. The septic system was also replaced in 2020. The bar boasts significant recent equipment upgrades, including a walk-in cooler (2020), upright coolers (2023), a commercial deep freezer (2020), and a flat-top cooler (2020). The property includes all existing furniture and some bar signage. Previously equipped with six gaming machines, this location offers potential for diverse revenue streams. An expansive new beer garden with power outlets provides ample space for outdoor entertainment. The 1.42-acre lot also includes an additional house, sold as-is, requiring some tender loving care. All this is offered at an attractive price point. This is a rare opportunity to acquire an established business with significant recent improvements and considerable land in a desirable location. The property is handicap accessible and features all-new flooring throughout the bar area. The house on the property received a new roof in 2020.

Property Details for 21575 State Highway 78

Property type
Commercial real estate
Square Feet
1,144 SF
Year Built
1940
Lot Size (sq. ft)
61,855 SF

Location Insight

City
Canton
County
Fulton
State
Illinois
Latitude
40.50365
Longitude
-90.02924

FAQs

What type of property is this?
Commercial real estate - Established Bar, 1.42 Acres, Updated
Where is the commercial real estate located?
The property is located at 21575 State Highway 78 Canton, IL.
What is the asking price?
The asking price for this property is $105,900.
How can I contact the broker?
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21575 State Highway 78
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