10 E Hitt Street Mount Morris, IL $ 399,000
10 E Hitt Street
$ 399,000
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10 E Hitt Street

Mount Morris, IL, 61054
$ 399,000
Bedrooms-- Baths-- Sq 4,400

Monthly Estimate*

$ 2,489

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Commercial Property for sale in Mount Morris, IL

for $399,000. This 4,400 square foot building was built on a lot size of 0.2691.

Are you ready to jump into the restaurant business? Look no further, this turnkey operation could be yours!!! The Peppermill restaurant is selling both business and building after 30 successful years of operation. The current owners have built a strong customer base, friendly atmosphere at a great location. The Peppermill offers a bar on the left side of the business with over 20 bar stools, seating for over 100 guests in the building and adequate amount of parking. Current owners are willing to train and guide you to maximize your investment and produce a cash flowing business of your own. This sale includes all equipment and inventory for a smooth transition. Set up your showing today, don't miss out this great opportunity!

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Commercial Active

Price

$ 399,000

Property Type

Commercial

Taxes

$ 4,958

Style

Bar/Tavern/Lounge,Food & Beverage,Restaurant

Lot Size

0.2691

Town/City

Mount Morris

County/Region

Ogle

MLS | Web ID

12383472

Features
General
Sewer Storm Sewer
Cooling Central Air Exhaust Fan
Possession Closing
Roof Rubber
Construction Materials Wood
Electric Service - 101 to 200 Amps
Tenant Pays Air Conditioning Electricity Heat Taxes Insurance Repairs Sewer
Stories Count 1
Tax Year 2022
Current Use Commercial
Business Type Bar/Tavern/Lounge Food & Beverage Restaurant
Business Name PEPPERMILL
County Ogle
Operating Expense 0
Property Type Business Opportunity Bus / Bus w/Real Est
Possible Use Commercial
Status Active
Directions At intersection of RT 64 and McKendrie
City Mount Morris
MLS Area Mount Morris
Lot Size Square Feet 11722
Tax Annual Amount 4958
Additional Parcels Y/N N
Standard Status Active
Ownership Type Corporation
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Exterior
Water Source Municipal Water
Building Area Total 4400
Lot Dimensions 81.4X144
Frontage Type State Road
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* Excluded Features
List By
Homesmart Connect, Llc.

Broker

nicholasrhoadsrealestate@gmail.com

Email

Affordability Calculator

$2,902
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,489
Monthly Property Taxes
$413
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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The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/13/2025$399,000 Listed Price

Map


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10 E Hitt Street, Mount Morris, IL, 61054 is a Commercial Property for sale at $399,000 with 4,400 sqft and a lot size of 0.2691. The property's zip code is 61054 which is in Mount Morris, IL