• Listing status icon

    $625,000

  • Active | MLS#: 09200375

208 West Lincoln Highway WATERMAN, IL 60556

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Overview

Great opportunity to own your own business with two connected parcels and two businesses for sale in one package deal. Bar and grill along with a laundromat in the heart of Waterman on highway 30. Thriving bar and restaurant has a great reputation and room for growth if you wanted to remove the laundromat which would be a great spot for a microbrewery or a stage for live music. Also includes a 1 bedroom apartment on the second floor that is currently being used as an office. Bar provides additional income through video gaming machines, lottery sales and jukebox, all with rental agreements. Known for its food the bar has a connected dining room behind the laundromat. Recent developments both in Waterman and Shabbona make this a great opportunity as these areas continue to grow.

Listing provided courtesy of: Coldwell Banker The Real Estate Group

General Features

  • Age Older
  • Information 24-Hr Notice Required,After Hours Only,Highly Confidential
  • Building Type Retail/Stores
  • Building SqFt. 4500
  • Zoning COMMR
  • Location Central Business District
  • Taxes 5903
  • County De Kalb

Building Features

  • Construction Wood Frame
  • Building Exterior Frame
  • Air Conditioning Central Air

Room Features

Property Features

  • Foundation Concrete
  • Electrical Service Circuit Breakers, 101-200 Amps

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Price & Status History

Days on Market

  • This property has been listed on the market for 459 days

Location

The property map location is: Accurate, based on Google's address match.

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Community Demographics for Zip Code 60556 (WATERMAN)

Housing Occupancy
  • Home Owners: 330 (50%)
  • Renters: 55 (8%)
  • Vacant: 270 (41%)
  • Total Housing Units: 655
Households
  • Average Household Size: 2.58
  • Housing Density (People per square mile): 19
Age Range (number of people)
  • Age 0-14: 170
  • Age 15-24: 138
  • Age 25-39: 221
  • Age 40-59: 243
  • Age 60-79: 188
  • Age 80+: 49
  • Total: 1,009

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 60556 (WATERMAN)

Public Schools in Zip Code 60556 (WATERMAN)

* This list of schools may not match the property above.

INDIAN CREEK MIDDLE SCHOOL 425 SOUTH ELM WATERMAN, IL 60556 Phone: 8152647712 6th-8th
Grade Size Distribution
  • 6th: 68
  • 7th: 63
  • 8th: 64
School Population
  • Teachers: 18
  • Students per Teacher: 10.8
  • Students: 195
  • Male/Female: 109/85
School District
  • INDIAN CREEK CUSD 425
  • 506 SHABBONA RD SHABBONA, IL 60550
  • Phone: 8158242197
District Population
  • Schools: 4
  • Full-Time Teachers: 68
  • Students per Teacher: 13.1
  • Staff: 80
  • Students: 885
WATERMAN ELEM SCHOOL 220 NORTH MAPLACEE ST WATERMAN, IL 60556 Phone: 8152643351 K-5th
Grade Size Distribution
  • Knd: 23
  • 1st: 20
  • 2nd: 21
  • 3rd: 23
  • 4th: 32
  • 5th: 25
School Population
  • Teachers: 10
  • Students per Teacher: 14.4
  • Students: 144
  • Male/Female: 72/72
School District
  • INDIAN CREEK CUSD 425
  • 506 SHABBONA RD SHABBONA, IL 60550
  • Phone: 8158242197
District Population
  • Schools: 4
  • Full-Time Teachers: 68
  • Students per Teacher: 13.1
  • Staff: 80
  • Students: 885

* School data provided by US Department of Education


The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than RE/MAX Northern Illinois are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. © 2017 Midwest Real Estate Data LLC. All rights reserved. Information Deemed Reliable but Not Guaranteed. Listing information from this property search is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional