Commercial: MLS #12039760 Poplar Grove, IL ^$ 295,000

Commercial: MLS #12039760

^$ 295,000

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Commercial: MLS #12039760

Name: address
Address: IL, 61065

Poplar Grove, IL, 61065

^$ 295,000

Bedrooms-- Baths-- Sq 1,960

Monthly Estimate*

^$ 1,840

Commercial Property for sale in Poplar Grove, IL

for $295,000. This 1,960 square foot building was built on a lot size of 0.719995.

Major Price Drop!! Whether you're a seasoned operator or just tired of saying "we should open a place," this is your moment. This is a turnkey operation brimming with untapped potential for value creation!! The sale is for the business only. The real estate is not included, but the lease on the property could be assigned. There are 3 years left on a 5 year lease. Included in the sale are all of the FFE, inventory, proprietary recipes and good will. Drive-up lane/window for convenient customer service. Potential for outdoor recreational activities like sand volleyball and horseshoes. Ample opportunity to add deck space with outdoor seating for dining or events. Opportunity to host live music or karaoke with the addition of an outdoor stage area.

Commercial Active

Price

^$ 295,000

Property Type

Commercial

Taxes

^$ 0

Style

Food & Beverage,Restaurant

Lot Size

0.719995

Town/City

Poplar Grove

County/Region

Boone

MLS | Web ID

12039760

Features

General

Cooling Central Air

Possession Closing

Stories Count 1

Tax Year 2022

Business Type Food & Beverage Restaurant

Business Name BRAVO PIZZA

County Boone

Operating Expense 0

Property Type Business Opportunity Bus / Bus w/Real Est

Possible Use Retail

Status Active

Directions IL Route 76 South of IL Route 173 to Menge Ln East to Julie Dr.

City Poplar Grove

MLS Area Poplar Grove

Lot Size Square Feet 31363

Tax Annual Amount 0

Additional Parcels Y/N N

Standard Status Active

Ownership Type Family

Exterior

Building Area Total 1960

Lot Dimensions 181 X 173

Frontage Type City Street

Waterfront Y/N N

* Excluded Features

List By

Coldwell Banker Commercial Real Estate Group

Broker

jhiggins@cbcregroup.com

Affordability Calculator

$1,840

Per Month

Monthly Principal & Interest: $1,840
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% 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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Trends
Schools

Commerical listings in Poplar Grove, IL

Average List Price ^$295,000

Percent of Sale Price 0%

About Poplar Grove, IL

5,292 Population

82% Since 2002

^$67,873 Median Income

37.29 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/15/2025	$295,000	-15.71%	Price Down
9/24/2024	$350,000	-12.06%	Price Down
8/14/2024	$398,000	-5.24%	Price Down
4/26/2024	$420,000		Listed Price

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*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

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 Weichert Realtors 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.

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Data is updated as of 12/9/2025.

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Commercial: MLS #12039760

Commercial Property for sale in Poplar Grove, IL

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