481 W Wilson Street Bement, IL 61813
UPDATED:  
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189000
/mo

-1Bed

-1Bath

-1SqFt

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Key Details

Property Type: Commercial

Listing Status: Active

Purchase Type: For Sale

MLS Listing ID: 10853767

Property Description

Calling all entrepreneurs & go-getters: you have an opportunity to own & operate one of the longest running bars in the area. The West End Pub has been a landing place for friends to meet, unwind, have some fun, listen to music & more, since nearly the turn of the last century! Recorded as the 'Junction Eating House' restaurant in 1913. And when prohibition ended - the business acquired one of the first liquor licenses in the county & became The Depot Tavern. Then, in 1950 it became known as the West End Tavern. What a history!! When you buy this great business & building (w/ record low interest rates), you can walk in & resume business, because everything is in place to continue business without missing a beat. Even the gaming license can transfer with the corporation, which is included in the sale. There is a kitchen for a new owner who wants to offer food service. It includes a walk-in cooler, flat top grill with ansul system & much more. The building offers 3200 SqFt: the main bar, a side area that includes the video gaming & a pool table AND a large (40' x 36') party/game room, built in 1995 on S side of building. It is set up now with billiard tables, electronic darts & a golf simulator. However, there is plenty of room to reconfigure the set up, if a new owner wants a dining area. There is a smoking porch built on the E side & the porch leads to the large grassy lot offering more area for a new owner to expand. There are 2 horseshoe pits and plenty of room to fence in for that future expansion. Customers love the brick-paved, fenced patio on the SW corner, for outdoor seating. A huge parking lot is available for use on the W side of lot. And the 'icing on the cake' is a second level 1600+ SqFt apartment that could serve as the owners private residence or it could be rented out to provide additional cash flow. The price includes the building, business, corporation (& therefore gaming license), equipment, tables, chairs, decor & inventory. Don't wait to make this iconic bar yours! Call & set up your private showing.

Location

State: IL

County: Piatt

Area: Bement / Bondville / Cerro Gordo / Cisco / Deland / La Place / Mahomet / Mansfield / Milmine / Monticello / Saybrook / Seymour / White Heath

Interior

Heating: Forced Air

Exterior

Garage Spaces: 100.0

Total Parking Spaces: 100

Building

Story: 2

Lot Dimensions: 126 X 100

Lot Size Range: .25-.49 Acre

Others

Senior Community: No

Tax Amount: $2,729

Tax Year: 2019

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Listing provided by  KELLER WILLIAMS-TREC-MONT

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