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12 Main Street Mount Morris, IL $ 425,000
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12 Main Street
$ 425,000
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12 Main Street

Mount Morris, IL, 61054
$ 425,000
Bedrooms-- Baths-- Sq 2,800

Monthly Estimate*

$ 2,617

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Commercial Property for sale in Mount Morris, IL

for $425,000. This 2,800 square foot building was built on a lot size of 0.0955.

Exceptional opportunity to own both a thriving bar & grill business and the real estate in one turnkey package. This well established, local favorite is known for live music, great food, and cold beverages and already has events booked throughout 2026, providing built-in future revenue. Mullarkey's Bar & Grill was officially recognized as a Top 10 of 2025 Ogle County Award Winner in the Bar category. The sale includes all equipment and existing inventory, making this a seamless transition for a new owner. Additional income is generated through on site gambling machines. Patrons enjoy a fun, social atmosphere with dart boards, pool table, jukebox, and duck machine (all rented). Major updates have already been completed including: New roof in 2025. Furnace, A/C, and water heater in 2017. Electrical & plumbing updated in 2020. Whether you're an experienced business operator or looking to step into a profitable, fully equipped business, this property offers immediate cash flow, strong community presence, and room to grow. Don't miss this rare chance to own a proven entertainment destination with income, real estate, and future bookings already in place.

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Commercial Active

Price

$ 425,000

Property Type

Commercial

Taxes

$ 4,884

Style

Bar/Tavern/Lounge

Lot Size

0.0955

Town/City

Mount Morris

County/Region

Ogle

MLS | Web ID

12547153
Features
General
Cooling Central Air
Possession Closing
Zoning COMMR
Tenant Pays Air Conditioning Electricity Heat Taxes Insurance Repairs Roof Sewer
Stories Count 1
Tax Year 2024
Business Type Bar/Tavern/Lounge
County Ogle
Operating Expense 0
Property Type Business Opportunity Bus / Bus w/Real Est
Status New
Directions From RT 64 go South on N Wesley Ave go right on W Main St property is on your right.
City Mount Morris
MLS Area Mount Morris
Lot Size Square Feet 4160
Tax Annual Amount 4884.68
Additional Parcels Y/N N
Standard Status Active
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Exterior
Building Area Total 2800
Lot Dimensions 52x80
Waterfront Y/N N
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* Excluded Features
List By
Re/Max Of Rock Valley

Broker

ashleypatterson@remax.net

Email

Affordability Calculator

$3,024
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,617
Monthly Property Taxes
$407
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/14/2026$425,000 Listed Price

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12 Main Street, Mount Morris, IL, 61054 is a Commercial Property for sale at $425,000 with 2,800 sqft and a lot size of 0.0955. The property's zip code is 61054 which is in Mount Morris, IL

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