416 Main StMount Vernon, IL 62864

  • Other commercial real estate
For Sale
$495,000 View listing

Property Details for 416 Main St

Property type
Other commercial real estate
APN
07-29-405-010
APU
729405010

Description

This fully renovated 1,800 sq ft restaurant in Mt. Vernon, IL, presents a remarkable investment opportunity. Located at 416 Main Street, this established business boasts a prime location and a strong track record of profitability. Built in 1973 and completely renovated in 2023, the property includes a spacious, fully-equipped kitchen featuring two deep fryers, two ovens, a grill, refrigerator, freezer, and two walk-in coolers. The building sits on a 0.3-acre lot and is zoned B2. Beyond the interior, the property features an outdoor beer garden, covered pavilion, and outdoor bar, ideal for live entertainment and events. On-site gaming provides an additional revenue stream. All systems, including the roof, electrical, plumbing, and HVAC, have been upgraded. This turnkey operation is ready for immediate occupancy, offering a seamless transition for a new owner. The single-story building is owned by an LLC. Financial details are available upon request. This is a rare chance to acquire a thriving, established restaurant with significant upside potential.

416 Main St, Mount Vernon, Illinois

Location Insight

City
Mount Vernon
County
Jefferson
State
Illinois
Latitude
38.3186
Longitude
-88.8961
CBSA code
34500
CBSA name
MOUNT VERNON, 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
2021
$4,126
$11,499
$33,065
$44,564
-
$34,497
$99,195
$133,692

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