Address
1217 5Th Street, Lacon, IL
Price
$ 599,900
Property Attributes
- MLS#PA1236843
- TypeCommercial
- CountyMARSHALL
- CityLacon
- AreaPAAR Area
- Zip61540
- StyleCommercial
- Year Built1986
- Taxes$ 5844
- Price$ 599,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage7515
- Lot Size2 Acres
Data Source:
Regional MLS Alliance
Property Description
Excellent opportunity for future development, use as turn-key restaurant, or possibly both. Situated on 2 acres, and next door to the brand new Dollar General Store, this property is zoned Commercial and was formerly Kenyon's Place Restaurant. Sitting on Route 17, this property has very high visibility, and is located only .3 of a mile from Marshall County Airport. The existing building is approximately 7500 square feet on main level, has zoned heating and cooling, fire suppression system both wet and dry, three phase 800 amp electrical service, 75 kW natural gas generator, public water and public sewer, multiple walk-in coolers and freezers inside, located on the main and basement levels, a sprawling kitchen, multiple seating areas and a large bar area. Don't miss this great opportunity in a growing community!
| Price History | |
|---|---|
| 8/11/2022 | Listed $750,000 |
| 4/27/2023 | 21% - $599,900 |
General Features
| Building Features | Cable |
|---|---|
| City | Lacon |
| Construction Materials | Frame, Stone, Vinyl Siding |
| Cooling | Central Air |
| County | Marshall |
| Current Financing | Cash Only, Conventional |
| Directions | Rt 29 to RT 17 (5th Street) |
| Heating | Gas, Zoned |
| Levels | One, Basement |
| Lot Size Square Feet | 87089.9121 |
| MLS Area Minor | PAAR Area |
| Net Operating Income | -5845 |
| Ok to Lease | Not Applicable |
| Ownerpays | N/A |
| Possible Use | Bar/Tavern, Office, Restaurant, Warehouse |
| Property SubType | Commercial |
| Property Type | Commercial Sale |
| Roof | Composition Shingle |
| Sewer | Public Sewer |
| Standard Status | Active |
| Status | Active |
| Street Name | 5TH |
| Tax Annual Amount | 5844.88 |
| Tax Year | 2021 |
| Tenant Pays | NotApplic |
| Year Built | 1986 |
| Zoning | C-2 |
Interior Features
| Flooring | Carpet, Tile/Vinyl |
|---|---|
| Street Suffix | Street |
Exterior Features
| Days on Market | 271 |
|---|---|
| Showing Instructions | Appointment Only, Electronic Keybox/Keysafe, Sign on Property, Text/Call Listing Agent |
| Building Area Total | 7515 |
| Frontage Type | State Road |
| Lot Dimensions | 295.11 X 295.11 |
| Lot Size Acres | 2 |
| Number of Buildings | 1 |
| Water Source | City Water/Connected |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 61540
Price
Taxes
Visits
Year Built
Walkscore
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