• 134 E MARKET ST, Colchester, IL 62326
    134 E MARKET ST, Colchester, IL 62326
    134 E MARKET ST, Colchester, IL 62326
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    Listed by PaulaJ Clark • Key, REALTORS
    $275,000
    Est. payment /mo
    2,551 SqFt
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    UPDATED:

    Key Details

    Property Type Commercial

    Sub Type Commercial

    Listing Status Active

    Purchase Type For Sale

    Square Footage 2,551 sqft

    Price per Sqft $107

    MLS Listing ID PA1265241

    Year Built 1890

    Annual Tax Amount $2,237

    Tax Year 2024

    Property Sub-Type Commercial

    Source rmlsa

    Property Description

    Formerly doing business as The Grill, this restaurant is a much needed and anticipated business in Colchester. It was remodeled in 2021 and has since been improved with new furnace and central air in 2024. The building sells with all restaurant equipment, a walk-in cooler and freezer, a prep area, dry storage area, and an office. Many additional kitchen items and cookware are also included. There are additional booths that stay and would seat approximately 32 more people, in addition to the current seating of 52. There are 3 buildings included with a 2-bedroom apartment above building 2, and a 2-bedroom apartment above building 3. A beauty shop occupies the lower level of building 3. The current rental income is $2,200 per month, and could be more with the rental of the lower level of building 2. One apartment has a new furnace in 2024, and both apartments have solar panels. This is a great investment opportunity to start a restaurant business, with a good monthly rental income already established. Call for your opportunity to view!

    Location

    State IL

    County Mcdonough

    Area Paar Area

    Zoning NA

    Direction From Rte 136, turn south on Fulton St. 2 blocks to Market St., property on Corner.

    Interior

    Heating Forced Air, Natural Gas

    Cooling Central Air

    Flooring Wood

    Fireplace N

    Exterior

    View true

    Roof Type Flat

    Garage 1

    Building

    Faces From Rte 136, turn south on Fulton St. 2 blocks to Market St., property on Corner.

    Sewer Public Sewer

    Water Municipal/City

    Structure Type Brick

    Others

    Tax ID 05-000-568-00

    Security Features Yes


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    Jackie Weisenburger

    Jackie Weisenburger

    +1(217) 430-9353

    Broker | License ID: 475.141177

    Broker License ID: 475.141177

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