Arteaga
$280,000
703-705 Jefferson St, Mendota, IL 61342
2,400 sqft
Building Size
1890
Year Built
Details:
Highlights:
- Lot Dimension: 60X40
- Tax Roll Number: 0133135005
- Annual Tax: $ 1970.0
- Average Floor Size: 1200.0
- Age: Over 50 Years Old
- Lot Size: Under 1/2 Acre
- Sewer: City
- Water: City Water
Description:
INVESTMENT OPPORTUNITY!!
Discover an excellent investment opportunity in the heart of Mendota, IL with this well-maintained mixed-use building featuring a fully turn-key bar/restaurant on the main level and three income-producing apartments above. The restaurant offers a full commercial kitchen, a classic Brunswick bar, hardwood floors, an eye-catching copper ceiling, and seating capacity for up to 100 guests-perfect for immediate operation or leasing to an operator. Upstairs, you'll find one 2-bedroom/1-bath unit and two 1-bedroom/1-bath units, each generating $650 per month with long-term tenants already in place. The property also includes a full basement ideal for storage. A rare chance to own a high-cash-flow building with tremendous character and immediate revenue.
Listing ID: ce808beb-c6bc-4cfd-a890-850e77f2e13e
Location
Gallery
