707 Freeport Road
Sterling, IL, 61081 $ 799,000
Bedrooms-- Baths-- Sq 5,955 Monthly Estimate*
$ 4,920
for $799,000. This 5,955 square foot building was built in 1981 on a lot size of 2.52.
Exceptional turnkey bar and grill opportunity in Sterling! This well established commercial property offers a spacious main dining area with booths, tables, and bar seating, a dedicated gaming room featuring multiple gaming machines and pool tables, and a large outdoor patio measuring approximately 29' x 35'. The fully equipped commercial kitchen includes an approximately 18 foot hood system, walk-in cooler, freezer, multiple fryers, griddle, broiler, prep refrigeration, stainless steel work areas, ice machine, and ample storage. Additional features include a liquor room, office/camera room, employee restroom, jukebox, fireplace in the main seating area, and basement storage with sump pumps. Comfort and efficiency are supported by five furnaces, central air conditioning, and 2 mini-split units, providing flexibility throughout the building. The property also offers approximately 50+ parking spaces and a large rear lot with potential for additional commercial uses or future expansion. Whether you're looking to continue a successful hospitality operation, expand food service offerings, or invest in a versatile commercial property, this location offers the space, equipment, and infrastructure to hit the ground running.The sale includes all furniture, equipment, inventory, and a fully stocked liquor and food supply.
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FeaturesGeneralCooling Central Air
Possession Negotiable
Construction Materials Aluminum Siding
Year Built 1981
Electric Circuit Breakers
Stories Count 1
Property Subtype Mixed Use
Tax Year 2025
Gross Income 0
County Whiteside
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Status Active
Directions Lincoln Hwy to Freeport Rd North to property on left.
City Sterling
Number Of Units Total 1
MLS Area Sterling
Lot Size Square Feet 109771
Tax Annual Amount 6282.06
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
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ExteriorBuilding Area Total 5955
Lot Dimensions 353.25X295
Lot Size Acres 2.52
Frontage Type City Street
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* Excluded FeaturesList Bynick@selzrealestate.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,920
- Monthly Property Taxes
- $524
- 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.
Learn more about how to save NearbyCommerical listings in Sterling, IL
Average List Price $830,475
Percent of Sale Price 4%
About Sterling, IL 15,163 Population
-6% Since 2002
$ 41,893 Median Income
38.26 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/4/2026 | $799,000 | | Listed Price |