119 N Lincoln Street Ransom, IL $ 439,900
119 N Lincoln Street
$ 439,900
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119 N Lincoln Street

Ransom, IL, 60470
$ 439,900
Bedrooms-- Baths-- Sq 8,280

Monthly Estimate*

$ 2,744

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Commercial Property for sale in Ransom, IL

for $439,900. This 8,280 square foot building was built on a lot size of 0.25.

Make your dream a reality with this beautiful turn-key restaurant/bar. The possibilities are endless as you enter this facility. Not only will you be purchasing a property that has been well maintained, but you will also be getting a well-established business that has been in the same location for 52 years! With over 8200 sf of space, this facility features seating for over 250 people, 2 fully functioning bars, a large commercial kitchen, a short order grill, plenty of storage and cooler space, a separate banquet room and more than one storage room. All equipment is used every day and is maintained to operate properly. You will not find a facility in the area with the setup of this property. Multiple opportunities for catering, lunch deliveries, and large party reservations await you in this location. The location is also near a regularly utilized National Guard Training facility and a Power Plant, which employs numerous individuals. Business meetings, holiday parties, wedding receptions, or any other celebration you can think of, is possible at Jerry's Tap! In addition to the restaurant/bar areas, this building also features a 2 bed, 1 bath apartment upstairs that can be utilized for rental income or your own use. Properties like this don't come around very often. Schedule your showing today before it's too late!

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Commercial Active

Price

$ 439,900

Property Type

Commercial

Taxes

$ 5,913

Style

Food & Beverage

Lot Size

0.25

Town/City

Ransom

County/Region

La Salle

MLS | Web ID

12276832

Features
General
Cooling Central Air
Possession Closing
Zoning COMMR
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Taxes Insurance Repairs
Stories Count 2
Tax Year 2023
Business Type Food & Beverage
County LaSalle
Operating Expense 0
Property Type Business Opportunity Bus / Bus w/Real Est
Status Active
Directions Downtown Ransom just off Rt 170.
City Ransom
MLS Area Ransom
Lot Size Square Feet 10890
Tax Annual Amount 5913
Additional Parcels Y/N N
Standard Status Active
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Exterior
Building Area Total 8280
Lot Dimensions .025
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* Excluded Features
List By
R.E. Dynamics

Broker

rrich@redynamics.net

Email

Affordability Calculator

$3,237
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,744
Monthly Property Taxes
$493
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
10/9/2025$439,900 -18.52% Price Down
7/9/2025$539,900 -8.48% Price Down
1/28/2025$589,900 Listed Price

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119 N Lincoln Street, Ransom, IL, 60470 is a Commercial Property for sale at $439,900 with 8,280 sqft and a lot size of 0.25. The property's zip code is 60470 which is in Ransom, IL