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10 E Hitt Street Mount Morris, IL 61054 Commercial - Investment Active

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Description

Are you ready to jump into the restaurant business? Look no further, this turnkey operation could be yours!!! The Peppermill restaurant is selling both business and building after 30 successful years of operation. The current owners have built a strong customer base, friendly atmosphere at a great location. The Peppermill offers a bar on the left side of the business with over 20 bar stools, seating for over 100 guests in the building and adequate amount of parking. Current owners are willing to train and guide you to maximize your investment and produce a cash flowing business of your own. This sale includes all equipment and inventory for a smooth transition. Set up your showing today, don't miss out this great opportunity!

Property Highlights

Property Type: Commercial - Investment
Building Description: 1.0 stories

General Information

County: Ogle
Listed By:
HomeSmart Connect, LLC. 847-495-5000
MRED MLS
$399,000
Est. $2,509/mo
Active
SQUARE FEET4,400 MLS#12383472
STATUSActive PROPERTY TYPECommercial - Investment

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For Details, Contact

Ruhl&Ruhl Realtors
563.441.1776

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10 E Hitt Street, Mount Morris, IL 61054.

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Call or Click to get Pre-Approved! 563-441-1862 toll free 866-441-1862

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $399,000$399,000$399,000
Down Payment $79,800$13,965$99,750
Monthly Mortgage Amount $1,838$2,286$2,386
Taxes $555$555$555
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$175$0
Monthly Estimated Total $2,509$3,132$3,057

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