See Home Value
Cherry 61317
205 N Main Street
$150,000
● House - Off Market

205 N Main Street

Cherry, IL 61317
bedrooms
Studio
bathrooms
0 Bath
$195,553
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Located in the historic town of Cherry, this commercial building built in 2008 comes complete with full service restaurant equipment and fixtures. High visibility location on Rte 89. Seating for 75+ dining, additional 16 bar seating. Handicapped accessible. Property and equipment have been well maintained. Dining tables, chairs, barstools in excellent, like new condition. Equipment/fixtures include, but not limited to; walk in cooler, hot/cold food service station, beverage system, four 80 pound deep fryers, Ansul system, grills, ovens, prep tables, dishwasher,   exhaust system. Cookware, dishware and necessary kitchen/serving items included. Per seller all mechanicals are fully functional, have had regular maintenance care and several fixtures/equipment purchased new in last five years. Fenced outdoor patio with green space.  Metal roof. Private parking on North and West side, including one handicap space, plenty of public street parking close to site. Inviting and well kept interior, featuring double sided stone fireplace, attractive hardwood bar with decorative tin ceiling above bar area. Ceramic tile and safety bars in restrooms. Suitable for family dining, private functions, business meetings, and more. Just five miles from Interstate 80, minutes from LaSalle, Peru, Spring Valley and surrounding towns. Dining establishments in the town of Cherry have a history of loyal clientele, both local and travelers from area communities. Presently, there is little competition and property is turn key ready for buyer who desires restaurant/casual dining business. Property easily adaptable for other food type business such as pizza, ice cream, day time diner etc. Commercially zoned, building could be repurposed as office, retail or other business space. Antiques on back bar, Blue Moon neon light, framed antique cocktail menu and Coal Co. sign on fireplace do not stay. Excellent opportunity for current entrepreneur to expand/add new location. Ideal situation for buyer desiring to enter restaurant/food service business.
Unit Size
-
Days on Market
-
Land Size
0.28 acres
Price per sqft
-
Property Type
House
Property Taxes
$307
HOA Dues
-
Year Built
-

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Last updated: 2 years ago (MRED MLS #11156431)

Price History

Date / Event Date Event Price
Mar 18, 2022 Sold
Sold
Jul 12, 2021 Listed by Janko Realty & Development $189,900
Listed by Janko Realty & Development
Oct 24, 2018 No longer available -
No longer available
Sep 4, 2018 Listed $210,000
Listed
Business opportunity! Own your own business with this profitable restaurant w/bar in Cherry located on Rt. 89 just a short drive away from LaSalle-Peru, Spring Valley, Ladd, Princeton and surrounding communities. Well-run business with established client base includes full service kitchen complete with high quality equipment and fixtures and a large, well-stocked bar. Come check it out today.

Property Highlights


Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: MYRICKS
  • Land Acres: 0000000275
  • Standard Land Use Code: 2000
  • County Land Use Code: 0060
  • Legal Description 1: CHERRY-MYRICK'S 2ND ADD.L'S 10 THRU 13 BLK 24LOT SIZE 120 X 100D 22-1098

Neighborhood

  • School District Name: Hall High School District 502
  • Census Tract: 964700

Geography

  • Account Number: 1227330015
  • District: 12
  • Parcel: 12-27-330-015
  • Block: 24
  • Lot: 10
  • Meridian: SEC 27 TWN 17 RNG 11
  • Municipality: WESTFIELD
  • Latitude: 41.4284
  • Longitude: -89.2134

    Address

  • Full Address: 205 N Main St
  • Address - House Number: 205
  • Street Direction: N
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: IL
  • City Name: Cherry
  • Carrier Code: R777
  • 4-Digit Zip Code: 1047
  • Zip Code: 61317

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $367,322
  • Tax Rate Code Area: 12002

    Market Valuation

  • Market Total Value: $129,084
  • Market Land Value: $11,598
  • Market Improvement Value: $117,486

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $43,028
  • Assessed Land Value: $3,866
  • Assessed Improvements Value: $39,162

    Sales

  • Current Sale Contract Date: Jun 20, 2015
  • Current Sale Recording Date: Jul 01, 2015
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015R02620
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Cherry


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Frequently Asked Questions

When was property at 205 North Main Street built and last sold?
The property at 205 North Main Street was built in and last sold on Jun 20, 2015 for $100,000.
How much is this home worth?
The estimated value of the home located at 205 North Main Street is $0.
What are some comparable homes to 205 North Main Street?
There are currently no comparable homes to 205 North Main Street.