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111 E Front Avenue Stockton, IL 61085 Commercial - Investment Active

  • 111 E Front Avenue, Stockton, IL 61085 Main Photo

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Description

Own a Piece of Small-Town Magic - The Red Knight Pub, Stockton, IL. Imagine getting a business where the hard work is already done to earn a very comfortable living, the community is already loyal, and the potential is still unfolding. Welcome to the Red Knight Pub-an extraordinary opportunity to own not just a thriving bar and banquet center, but a cornerstone of the Stockton community. This turn-key business blends big-city charm with small-town heart. Inside, a warm, loft-style atmosphere hums with energy-glasses clinking at the bar, friends catching up over dinner, the glow of gaming machines, and laughter rising from the banquet hall. It's more than a business. It's a place where memories are made. The pub is fully operational and profitable, offering food, drinks, and gaming-three strong revenue streams from day one. The attached banquet space, nearly 2,000 square feet, is tailor-made for weddings, parties, and local events. With its own stage, bar, restrooms, and private entry, it's a versatile venue with endless potential to grow. Upstairs, opportunity knocks again. The expansive 1,500-square-foot unfinished space is your blank canvas-convert it into a stylish two-bedroom apartment for rental income or create your dream owner's residence just above your business. Tucked into the heart of Stockton, with rear parking and plenty of street access, the Red Knight Pub is more than an investment. It's a lifestyle, a legacy, and a chance to be part of something real. Don't just buy a business. Come into a story already in motion-and make it your own. Strictly by appointment only. Do not visit or inquire without scheduling. Financials are available to serious buyers only with proof of financial viability and a signed NDA.

Property Highlights

Property Type: Commercial - Investment
Building Description: 2.0 stories

General Information

County: Jo Daviess
Listed By:
DC Rise Real Estate 815-701-3326
MRED MLS
$299,000
Est. $2,028/mo
Active
SQUARE FEET5,575 MLS#12391130
STATUSActive PROPERTY TYPECommercial - Investment

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Ruhl&Ruhl Realtors
563.441.1776

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111 E Front Avenue, Stockton, IL 61085.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $299,000$299,000$299,000
Down Payment $59,800$10,465$74,750
Monthly Mortgage Amount $1,512$1,856$1,877
Taxes $416$416$416
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$132$0
Monthly Estimated Total $2,028$2,504$2,393

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