Eco Friendly
Address
2705 NE 3000 N Penfield, IL
Price
$ 69,900
Property Attributes
  • MLS#09831302
  • TypeBusiness Op
  • CountyCHAMPAIGN
  • CityPenfield
  • AreaDewey - Fisher - Flatville - Foosland - Gifford -
  • Zip61862
  • StyleBar/Tavern/Lounge,Food & Beverage,Restaurant
  • Taxes$ 5462
  • Price$ 69,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3948
Listing Provided Courtesy Of:
REALTY 2000,INC
Data Source:
Midwest Real Estate Data (MRED) - 103 - IL
Property Description

THIS BUILDING PREVIOUSLY HOUSED THE 'OASIS' RESTAURANT FOR SEVERAL YEARS..CONCRETE BLOCK BUILDING BUILD ON A SLAB, APPROXIMATELY 3948 SQUARE FEET WITH DINING AREA, BAR AREA, KITCHEN AREA,TWO SETS OF RESTROOMS AND TWO GAMING AREAS. MUCH OF THE EQUIPMENT TO INCLUDE BOOTHS, TABLES, CHAIRS BAR AND STOOLS AND SOME KITCHEN EQUIPMENT ,WALK IN COOLER IN BAR AREA AS WELL AS LARGE COOLER OUT BACK REMAINS ON THE PREMISES NEW SEPTIC SYSTEM INSTALLED A FEW YEARS AGO WITH FIELD TO THE EAST OF THE PARKING LOT. PREVIOUSLY HAD A FULL SCALE MENU TO INCLUDE BREAKFAST, LUNCH AND DINNER..GAMES ROOMS USED TO INCLUDE POOL TABLES AS WELL AS VIDEO GAMING MACHINES. SOME OF THE KITCHEN EQUIPMENT AS WELL AS BEER COOLER AND AC UNITS HAVE BEEN REMOVED..OWNER WILL SELL OT LEASE WITH A TRIPLE NET LEASE IN EFFECT(OCCUPANT PAYS ALL OPERATING EXPENSES TO INCLUDE REAL ESTATE TAXES, PROPERTY INSURANCE AND ANY IMPROVEMENTS NEEDED. OWNER WILL LOOK AT ALL OFFERS WITH PROOF OF FINANCING ,PRICED $49,000 BELOW COUNTY

Price History
1/11/2018 Listed $159,900
11/16/2018 13% - $139,900
9/21/2020 51% - $69,900

General Features

Additional Parcels Y/N No
Business Name OASIS
Business Type Bar/Tavern/Lounge, Food & Beverage, Restaurant
City Penfield
Construction Materials Block
Cooling None
County Champaign
Current Use Commercial
Days on Market 1207
Directions EAST ON RT 136 TO PENFIELD CORNER..OASIS LOCATED JUST EAST OF PENFIELD SLAB MAROON BUILDING
Electric Other
Lease Type Net
MLS Area Dewey / Fisher / Flatville / Foosland / Gifford / Ludlow / Penfield / Rantoul / Thomasboro
Operatingexpense 1000
Ownership Type LLC
Possession Closing
Possible Use Commercial
Property Type Bus / Bus w/Real Est
Property Type Business Opportunity
Roof Membrane
Standard Status Active
Status Active
Stories 1
Street Name 3000 N
Tax Annual Amount 5462
Tax Year 2019
Tenant Pays Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Roof, Structure, Sewer, Gas
Total Actual Rent 1500
Utilities Electric to Site, Gas to Site, Septic-Private
Zoning OTHER

Exterior Features

Building Area Total 3948
Frontage Type State Road
Lot Dimensions 476 X 183
Lot Size Square Feet 87108
Total Parking 65
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Business Op Average in 61862

Price
AVG $70K
$70K
Taxes
AVG $5,462
$5,462
Visits
AVG 143
142

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