Spectacular
106 North Main Street #1 | GLENWOOD, IL 60425
Free standing restaurant-bar-lounge-banquets-carryout-catering with drive thru window includes two catering trucks, five slot machines averaging $120,000 gross monthly which generates $11,000 a month profit run by absentee owner pays more than $207,000 in management and extra expenses that an owner operator could save. 13,325 +/- SF building with 11,000 SF lower level. Has a two bedroom apartment on the second floor that pays $700 a month, newly constructed for Real Estate tax purpose. Before ownership was paying $125,000 in Real Estate taxes, now with the apartment only $49,000.00. 2.07 acres of paved and lighted parking lots. Parks 166 vehicles. Seats bar lounge area 93, dining room 130 and banquets 250.
Price: $1,399,000


MLS Number: 09559885,            FOR MORE INFORMATION PLEASE CALL.