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420 S Main Street Kewanee, IL 61443 Commercial - Retail Active

  • 420 S Main Street, Kewanee, IL 61443 Main Photo

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Description

Profitable restaurant business in operation for 30 years by the same owners that are ready for retirement. Extremely profitable 6 slot machines in place and operational!! Please inquire about income on this property as it is excellent. Fully equipped restaurant owning most everything already in place in the building with proof of great income. Coffee machines, coolers, tables, chairs, cooking appliances. Seating for 177, currently open 7 am-10 pm. Current owners also own 2 neighboring properties that could be sold to add room for expansion. 3 out of 4 AC/heating units are brand new, roof is approximately 7 years old.

Property Highlights

Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1998

General Information

County: Henry
Listed By:
Wessel Real Estate 815-878-5165
MRED MLS
$499,900
Est. $3,337/mo
Active
SQUARE FEET4,664 MLS#12715911
STATUSActive PROPERTY TYPECommercial - Retail

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Ruhl&Ruhl Realtors
563.441.1776

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420 S Main Street, Kewanee, IL 61443.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $499,900$499,900$499,900
Down Payment $99,980$17,497$124,975
Monthly Mortgage Amount $2,495$3,062$3,113
Taxes $696$696$696
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$220$0
Monthly Estimated Total $3,337$4,124$3,955

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