Bement, IL 61813,481 W Wilson Street
See all 57 photos
Bement, IL 61813,481 W Wilson Street
Bement, IL 61813,481 W Wilson Street
Bement, IL 61813,481 W Wilson Street
Bement, IL 61813,481 W Wilson Street

$170,000

Est. payment /mo

$175,000

2.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

481 W Wilson Street Bement, IL 61813

4,674 SqFt

SOLD DATE : 08/23/2021

Key Details

Sold Price $170,000

Property Type Commercial

Sub Type Bus / Bus w/Real Est

Listing Status Sold

Purchase Type For Sale

Square Footage 4,674 sqft

Price per Sqft $36

MLS Listing ID 10853767

Sold Date 08/23/21

Annual Tax Amount $2,729

Tax Year 2019

Lot Dimensions 126 X 100

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

Interior

Cooling Central Air

Fireplace N

Exterior

View Y/N true

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Robin Lampert • KELLER WILLIAMS-TREC-MONT
Bought with Robin Lampert • KELLER WILLIAMS-TREC-MONT

Wade Marshall

Real Estate Advisor | License ID: 475.129060

+1(773) 450-1247

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Free Account Required