Commercial: MLS #11877635 Lansing, IL $ 699,000
Commercial: MLS #11877635
$ 699,000
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Commercial: MLS #11877635

Lansing, IL, 60438
$ 699,000
Baths0.0 Sq 15,000

Monthly Estimate*

$ 4,883

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Studio

Commercial Property for sale in Lansing, IL

for $699,000. This 15,000 square foot building was built on a lot size of 0.895317.

RARE OPPORTUNITY TO OWN A TURNKEY ESTABLISHED BUSINESS! Original Owners first time offering! Are you looking for a unique investment opportunity in the commercial real estate market? Look no further! We are pleased to present a fantastic commercial property for sale that includes both the real estate and a thriving bowling alley business. This business comes with all the necessary licenses, including liquor and gaming, which are in good standing. The sale of this property includes the business, real estate, and all the equipment needed to run a successful bowling alley. The 16-lane bowling alley has been upgraded with new lanes, which were redone just 8 years ago. The loyal following of league bowlers ensures a steady flow of customers, as well as private parties and events. One of the highlights of this property is the well-appointed bar area, complete with a gaming machine area. This provides an additional revenue stream and adds to the overall atmosphere of the bowling alley. A private meeting room is also included, perfect for hosting corporate events or birthday parties. In terms of entertainment, this property has it all. A stereo system, complete with 6 EV speakers, ensures that the bowling experience is accompanied by great music. The cosmic bowling system, tracers, and more add a splash of excitement to the traditional game. The large parking lot offers plenty of space for customers, with an additional lot across the street on a separate pin, which is included with the sale. Practicality and functionality are also key features of this property. A large workshop/garage area in the rear is perfect for maintenance and repairs. Additionally, the basement includes a walk-in cooler and freezer, as well as ample storage space. If you're interested in this unique commercial investment opportunity, don't hesitate to give us a call for complete details. The potential for growth and success in the bowling alley business, combined with the included real estate and all its amenities, make this listing a truly exceptional find. Don't miss out on your chance to own this incredible property!

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Commercial Active

Price

$ 699,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 79,017

Style

Bar/Tavern/Lounge

Lot Size

0.895317

Town/City

Lansing

County/Region

Cook

MLS | Web ID

11877635

Features
General
Cooling Central Air
Possession Closing
Roof Composition
Zoning COMMR
Construction Materials Brick
Tenant Pays Air Conditioning Heat Janitorial Service Taxes Insurance Repairs Roof Scavenger Sewer
Stories 1
Tax Year 2021
Current Use Commercial Special Use
Business Type Bar/Tavern/Lounge Other
County Cook
Operating Expense 0
Property Type Business Opportunity Bus / Bus w/Real Est
Possible Use Recreational
Status Active
Directions Torrence Ave. to 182nd St/Ridge Rd
City Lansing
MLS Area Lansing
Lot Size Square Feet 39000
Waterfront Y/N N
Street Name Ridge
Tax Annual Amount 79017
Additional Parcels Y/N Y
Days on Market 209
Standard Status Active
Ownership Type Corporation
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Exterior
Building Area Total 15000
Lot Dimensions 150 X 210
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Interior
Street Suffix Road
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* Excluded Features
List By
Real Broker, Llc

Broker

bart@theforwardgroup.net; bart@bazcompanies.com

Email

Affordability Calculator

$11,467
Per Month
43%
57%
0%
Monthly Principal & Interest
$4,883
Monthly Property Taxes
$6,585
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/13/2024$699,000 -12.63% Price Down
9/6/2023$800,000 Listed Price

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