406 Cherry Avenue Rochelle, IL $ 399,900
406 Cherry Avenue
$ 399,900
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406 Cherry Avenue

Rochelle, IL, 61068
$ 399,900
Bedrooms-- Baths-- Sq 2,547

Monthly Estimate*

$ 2,495

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Commercial Property for sale in Rochelle, IL

for $399,900. This 2,547 square foot building was built on a lot size of 0.058471.

This property & business is a thriving restaurant/Bar with stage for entertainment, great gaming revenue stream, and approx. 75+ seating capacity. Some of the features of this property are: Full bar, All new coolers, new bar and countertops, New liquor cabinets, New draft system, New hi & low top tables & chairs, All new flooring, Stage complete with LED wi-fi lighting system and stage lights, Built in streaming for DJ, marketing/advertising spots. There are several TV's within, including a 130", 75" and 2 65" flat screens. This property is being offered as a "turnkey" operation, fully staffed, and established business. The gaming revenue is an additional plus for the business. Also included is a 3 bedroom fully remodeled apartment above to create additional revenue, or for the owner/operator to live. This property has been updated through and through. Check it out today, and be your own boss tomorrow !!!

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Commercial Active

Price

$ 399,900

Property Type

Commercial

Taxes

$ 2,026

Style

Bar/Tavern/Lounge,Restaurant

Lot Size

0.058471

Town/City

Rochelle

County/Region

Ogle

MLS | Web ID

12079302

Features
General
Cooling Central Air
Possession Closing
Tenant Pays Air Conditioning Electricity Heat Janitorial Service Taxes Insurance Repairs Roof Structure Sewer Gas
Stories Count 2
Tax Year 2023
Business Type Bar/Tavern/Lounge Restaurant
Business Name BLACKSTONE BAR & GRILL
County Ogle
Operating Expense 0
Property Type Business Opportunity Bus / Bus w/Real Est
Status Active
Directions Lincoln Hwy Downtown Rochelle to Cherry Ave. East on Cherry Ave. to the property
City Rochelle
MLS Area Flagg Center / Hillcrest / Kings / Rochelle
Lot Size Square Feet 2547
Tax Annual Amount 2026.3
Additional Parcels Y/N N
Standard Status Active
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Exterior
Building Area Total 2547
Lot Dimensions 33X77
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* Excluded Features
List By
Bearrows Real Estate & Auction Co

Broker

bearrows@rochelle.net

Email

Affordability Calculator

$2,664
Per Month
94%
6%
0%
Monthly Principal & Interest
$2,495
Monthly Property Taxes
$169
Monthly Home Insurance
--
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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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/28/2024$399,900 Listed Price

Map


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406 Cherry Avenue, Rochelle, IL, 61068 is a Commercial Property for sale at $399,900 with 2,547 sqft and a lot size of 0.058471. The property's zip code is 61068 which is in Rochelle, IL