120 E 5th Street Bowen, IL $ 120,000
120 E 5th Street
$ 120,000
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120 E 5th Street

Bowen, IL, 62316
$ 120,000
Bedrooms-- Baths-- Sq 11,802

Monthly Estimate*

$ 739

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Commercial Property for sale in Bowen, IL

for $120,000. This 11,802 square foot building was built in 1915 on a lot size of 0.4.

Looking for a commercial venture with the potential for additional growth?? With some renovations and updates, this property has the potential for quite a bit of additional rental income. Formerly operated as "Rally Point Bar & Grill" in Bowen, this commercial property includes 11,802 square feet to include a restaurant, bar, large commercial grade kitchen, multiple storage rooms, & up to 5 apartments available. This was a casual, family-friendly bar and grill that previously offered food, beverages, alcohol, gaming, and more. There are 2 parcels included with the sale. All business personal property and kitchen equipment will convey - a list of those are available upon request. This inventory includes a walk-in cooler, 3 big screen TVs, pizza oven, and so much more!! With some renovations, the apartment section could include more units &/or rentable rooms., Office SQFT M/L: 0, Retail SQFT M/L: 0, Manufacturing SQFT M/L: 0, Other SQFT M/L: 8052, Warehouse SQFT M/L: 0, Restaurant SQFT M/L: 3750, HiSpd Intrnt Fiber Avail

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Commercial Active

Price

$ 120,000

Property Type

Commercial

Taxes

$ 3,647

Style

Lot Size

0.4

Year Built

1915

Town/City

Bowen

County/Region

Hancock

MLS | Web ID

12471741

Features
General
Possession Closing
Zoning COMMR
Construction Materials Brick
Year Built 1915
Stories Count 2
County Hancock
Property Type Commercial Sale Mixed Use
Possible Use Office
Status Active
Directions From Interstate 336 Turn East Towards Bowen IL. Property is on E Street past 4 way stop with Highway 61 Frontage.
City Bowen
MLS Area Bowen
Tax Annual Amount 3647
Standard Status Active
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Exterior
Building Area Total 11802
Lot Dimensions 101.17X90 & 60X141.5
Lot Size Acres 0.4
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* Excluded Features
List By
Brenda Young Real Estate

Broker

byoungrealestate@adams.net

Email

Affordability Calculator

$1,043
Per Month
71%
29%
0%
Monthly Principal & Interest
$739
Monthly Property Taxes
$304
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
9/15/2025$120,000 Listed Price

Map


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120 E 5th Street, Bowen, IL, 62316 is a Commercial Property for sale at $120,000 with 11,802 sqft and a lot size of 0.4. 120 E 5th Street was built in 1915. The property's zip code is 62316 which is in Bowen, IL