1112 Madison StSouth Roxana, IL 62095

Property Details for 1112 Madison St

Year built

1950

Lot size

0.23 AC

Property size (Sq ft)

1,800 SF

Property type

Commercial real estate

APN

18-2-14-01-05-101-002

APU

182140105101002

Description

This thriving bar and grill, located at 1112 Madison St, Wood River, IL 62095, presents a unique investment opportunity. The 2,306 square foot property, built in 1950 and extensively renovated in 2020, sits on a 2,306 square foot lot (APN: 18-2-14-01-05-101-002) and is zoned B-2. The business boasts a fully equipped kitchen, inviting outdoor patio, pool table, and gaming machines. A separate, detached building, complete with electricity, provides a designated smoking area. Currently operating Monday-Friday 5 am to 1 am, Saturday 4 pm to 2 am, and Sunday 11 am onwards, the establishment serves breakfast, sandwiches, and daily food specials. Its prime location across from the Phillips 66 Wood River refinery ensures high visibility and consistent customer traffic. Conveniently situated 0.6 miles from I-255 and between Hwy 111 and I-255, directly across from the refinery entrance, this location offers exceptional accessibility. The asking price for this turnkey operation is $350,000. This represents an excellent opportunity for a savvy investor seeking a well-established, profitable business in a high-demand location.

• Alternative Use

  Use

  Valuation

  Residential

  $503,802

  Hospitality

  $461,479

  Educational

  $383,946

  Medical

  $397,150

  Retail

  $597,249

Location Insight

City

South Roxana

County

Madison

State

Illinois

Latitude

38.833

Longitude

-90.0579

CBSA code

41180

CBSA name

ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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