111 Vine StAtlanta, IL 61723

  • Commercial real estate
For Sale
$99,000 View listing

Property Details for 111 Vine St

Property type
Commercial real estate
APN
05-333-006-00
APU
533300600

Description

This thriving bar and grill, located at 111 SE Vine Street in Atlanta, Illinois, presents a unique investment opportunity. Situated on Route 66, this established business boasts a loyal clientele and consistent traffic. The 1,400 square foot building underwent significant renovations since 2020, including a complete HVAC system upgrade, extensive interior remodeling, and replacement of major appliances. The property includes a full bar, kitchen, and ample seating to accommodate patrons. Four semi-private gaming machines, licensed through ME Gaming, and several arcade games add to the establishment's appeal. A full, albeit currently unrenovated, second story and a full basement offer significant expansion potential. The business operates Monday through Thursday from 10:00 AM to 12:00 AM, and Friday and Saturday from 10:00 AM to 1:00 AM, remaining closed on Sundays. The current staff includes a full-time cook/bartender and approximately seven part-time, cross-trained bartenders. The sale includes all equipment and fixtures, excluding a few personal decorative items, offering a truly turnkey operation. This is a chance to acquire a well-established business in a desirable location with the potential for continued growth and development. The asking price for this exceptional property is $99,000.

Location Insight

City
Atlanta
County
Logan
State
Illinois
Latitude
40.2612
Longitude
-89.231
CBSA code
30660
CBSA name
LINCOLN, IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,261
$1,480
$13,910
$15,390
-
$4,440
$41,730
$46,170

FAQs

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