• 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 397 days

Location

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

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Local:

Demographics
Schools
Days on Market

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
    • Teachers: 18
    • Students per Teacher: 10.8
    • Students: 195
    • Male/Female: 109/85
    • District: INDIAN CREEK CUSD 425, 506 SHABBONA RD SHABBONA, IL 60550
    • Phone: 8158242197
    • 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
    • Teachers: 10
    • Students per Teacher: 14.4
    • Students: 144
    • Male/Female: 72/72
    • District: INDIAN CREEK CUSD 425, 506 SHABBONA RD SHABBONA, IL 60550
    • Phone: 8158242197
    • 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