123 N Mill Street Pontiac, IL $ 550,000
123 N Mill Street
$ 550,000
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123 N Mill Street

Pontiac, IL, 61764
$ 550,000
Baths0.0 Sq 5,886

Monthly Estimate*

$ 3,842

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Studio

Commercial Property for sale in Pontiac, IL

for $550,000. This 5,886 square foot building was built on a lot size of 0.110193.

Turnkey Restaurant Opportunity in Historic Pontiac! Are you ready to step into the culinary scene and make your mark? Look no further! This charming restaurant, nestled in the heart of Pontiac, awaits its next passionate owner. Situated on North Mill Street, this restaurant enjoys high visibility and foot traffic. Locals and tourists alike frequent this historic area. Fully Equipped: The sale includes all kitchen equipment, furniture, and fixtures. You can start serving delicious meals from day one! Cozy Ambiance: The warm and inviting interior creates the perfect dining atmosphere. Rustic accents, exposed brick walls, and ample seating make guests feel right at home. Whether you envision a trendy cafe, a family-friendly eatery, or a gourmet bistro, this space can adapt to your culinary vision. Local Favorites: The restaurant has a loyal customer base, known for its mouthwatering dishes and friendly service. Opportunity for Growth: Expand catering services, host special events, or introduce themed nights to attract even more patrons. Don't miss out on this chance to own a piece of Pontiac's culinary legacy. To learn more about this fantastic opportunity give us a call!

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Commercial Active

Price

$ 550,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 10,751

Style

Food & Beverage,Restaurant

Lot Size

0.110193

Town/City

Pontiac

County/Region

Livingston

MLS | Web ID

11995106

Features
General
Cooling Central Individual
Utilities Electric to Site Gas to Site Sanitary Sewer Water-Municipal Cable Available
Possession Closing
Roof Membrane
Zoning COMMR
Construction Materials Brick
Tenant Pays Air Conditioning Electricity Heat Janitorial Service Taxes Insurance Repairs Roof Structure Sewer
Stories 2
Tax Year 2022
Business Type Food & Beverage Restaurant
County Livingston
Operating Expense 0
Property Type Business Opportunity Bus / Bus w/Real Est
Status Active
Directions Corner of Mill and Washington St downtown Pontiac.
City Pontiac
MLS Area Pontiac
Lot Size Square Feet 4800
Waterfront Y/N N
Street Name Mill
Tax Annual Amount 10751.8
Additional Parcels Y/N N
Days on Market 52
Standard Status Active
Ownership Type Corporation Family
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Exterior
Building Area Total 5886
Lot Dimensions 48 X 100
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Interior
Street Suffix Street
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* Excluded Features
List By
Lyons Sullivan Realty Inc

Broker

terry@sullivan-realty.com

Email

Affordability Calculator

$4,738
Per Month
81%
19%
0%
Monthly Principal & Interest
$3,842
Monthly Property Taxes
$896
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
4/18/2024$550,000 -15.38% Price Down
3/28/2024$650,000 -7.14% Price Down
3/4/2024$700,000 Listed Price

Map


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123 N Mill Street, Pontiac, IL, 61764 is a Commercial Property for sale at $550,000 with 5,886 sqft and a lot size of 0.110193. 123 N Mill Street is a studio with 0.0 baths. The property's zip code is 61764 which is in Pontiac, IL