Your home for Real Estate in the Illinois Valley area
Janelle McCarter
815-315-1249815-315-1249

420 S Main Street, PRINCETON, IL 61356 (MLS # 10157939)

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PRICE $275,000
BEDS n/a
BATHS 0 baths
HOME SIZE n/a
LOT SIZE 1,700 sqft

Rural community of 7500 people just 1.5 hr. train ride from Chicago. Established midwestern cafe is dedicated to homemade and the best of locally sourced food; serving breakfast and lunch. Catering done in house as well as your location with customized menus. In house seating is 52 plus a separate dining area that seats up to 30 for small parties. Main Street business with excellent location and city parking. Local, regional and traveling customer base provides a #1 rating out of 29 restaurants on Trip Advisor as well as Yelp. This destination Cafe prides itself in quality of product and service, receiving Trip Advisor's Certificate of Excellence for the last 4 years. A current institutional food service contract runs until July 2020 which allows for a guaranteed income. Additional information available upon proof of funding and non-disclosure signed. Owners will stay and train for a fee.

DAYS ON MARKET 33 LAST UPDATED 12/25/2018
COMMUNITY Hollowayville / Princeton COUNTY Bureau
STATUS Active PROPERTY TYPE(S) Bus / Bus w/Real Est


ADDITIONAL DETAILS
AIR CONDITIONING Central Air
ANN RNT EXPENSE SOURCE Actual
ARE ANY PROPERTY PHOTOS VIRTUALLY STAGED? No
BUSINESS AGE 7-10 Years
BUSINESS TYPE Restaurant
ELECTRICAL SERVICE 201-600 Amps
FOOD/BEVERAGE TYPE Carry-Out, Catering, Restaurant
GR SALES ANN EXPENSE SOURCE Actual
HEAT/VENTILATION Forced Air, Gas
INFORMATION 48-Hr Notice Required, After Hours Only, No Sign on Property, Non-Disclosure Agreement
INVENTORY EXPENSE SOURCE Owner Projection
KNOWN ENCUMBRANCES None Known
LISTING TYPE Exclusive Right To Sell
LOCATION Central Business District
LOT DIMENSIONS 47X136
MANAGING BROKER (Y/N) No
MISC INSIDE Multi-Tenant, Private Restroom/s, Public Restroom/s, Storage Inside
NOI SOURCE Actual
OUTDOOR PARKING 1-5 Spaces
PARCEL IDENTIFICATION NUMBER 1616304014
PROPERTY OFFERED For Sale Only
PROPERTY TYPE Bus / Bus w/Real Est
REAL ESTATE INCLUDED? (Y/N) No
ROOF COVERINGS Membrane
SALE PRICE INCLUDES Business, Business Name, Equipment, Inventory, Phone Number, Trade Fixtures, Trade Mark/s
SALE TERMS Conventional
SALES TAXES 11952
SALES TAXES EXPENSE SOURCE Actual
SALES TAXES YEAR 2017
SEATING CAPACITY 76-100
STATUS Active
TAXES 0
TAXES EXPENSE SOURCE Actual
TAXES YEAR 2016, 2016
TENANT PAYS Air Conditioning, Cooking Gas, Electric, Heat, Insurance, Janitorial, Scavenger, Water/Sewer
TOTAL OP EXPENSE SOURCE Actual
TYPE OF LEASE None
TYPE OWNERSHIP (BUSINESS) Corporation
UNINCORPORATED (Y/N) No
UTILITIES TO SITE Electric to Site, Gas to Site, Sanitary Sewer to Site, Water-Community
WATERFRONT (Y/N) No




 
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Listed with Landmark Realty Of Illinois LLC
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About Janelle McCarter

Picture of Janelle McCarter

Janelle McCarter

Broker/Co-Owner of Landmark Realty

jalilley24@yahoo.com

815-315-1249815-315-1249 main

815-252-7283815-252-7283 mobile

Landmark Realty of Illinois LLC

1221 N Main St Princeton, IL 61356