Lori Scarbrough
Description
Incredible Opportunity To Own This Unique Mixed-Use Property Featuring A Well-Established Community Club (1,836 Sq Ft.) With An Attached Residential Component.(2,592 Sq Ft.) The Spacious Residence Offers 4 Bedrooms And 3 Full Bathrooms, Providing An Ideal Setup For An Owner-Operator. The Property Also Includes A Separate 12-Space Parking Lot With Its Own PIN. The Bar And Restaurant Area Features A Full Kitchen, 5 Gaming Licenses For Slot Machines, A Cash-Producing Pool Table, And A Cash-Producing Jukebox With An Existing Lease Agreement In Place. All Bar Stock Will Remain With The Property. Additional Highlights Include A New A/C Unit And Excellent Potential For An Owner-Operator Looking To Build Upon An Established Business. The Building Could Benefit From Some Cosmetic Updating, Offering An Affordable Opportunity To Add Value And Make The Space Your Own. Conveniently Located Just Minutes From Downtown Joliet And The Collins Street Neighborhood. 24 Hour Notice Required. Please Do Not Approach Employees Regarding Sale.
Property Highlights
Property Type: Commercial - Investment
Building Description: 1.0 stories
General Information
County: Will
Listed By:
Karges Realty
815-725-1700
MRED MLS
MLS ID: 12725066
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413 Meeker Avenue, Joliet, IL 60432.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $375,000 | $375,000 | $375,000 |
| Down Payment | $75,000 | $13,125 | $93,750 |
| Monthly Mortgage Amount | $1,971 | $2,419 | $2,431 |
| Taxes | $522 | $522 | $522 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $165 | $0 |
| Monthly Estimated Total | $2,602 | $3,215 | $3,062 |
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