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    1336 Us Highway 20 Highway

    Elizabeth, IL 61028
    • $525,000
    • STATUS: Active
    • ON SITE: 109 days
    • MLS #: 10638793
    UPDATED: 21 min ago
    $525,000
    • 0
      BEDS
    • 2.0-2.99 Acres
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,700
      SQFT
    • $60
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    If you have an interest in Live Music, Outdoor patios, sand volleyball courts, gambling machines, quality food and cold beverages, then THIS is the Turn-Key investment for you! No detail was left out of this truly unique bar/restaurant. CAJUN JACK's is located just minutes from DownTown Galena, IL, on US Route 20, like an oasis for tourists headed out on a weekend getaway. One step inside this cash-flowing establishment and you will notice the amazing interior decor and spotless condition...not to mention a mouthwatering menu. The right investor can purchase this property and have a custom hand crafted bar, 5 licensed gambling machines, commercial kitchen, walk-in cooler and freezer, 2 live music stages(indoor | outdoor), covered outdoor beer garden full bar & seating, state-of-the art camera surveillance system, modern sound system throughout, POS System, newly surfaced private parking lot for 75+. This family owned property is a destination spot for families, tourists, bikers, hunters and travelers alike. Turn your dream of owning a live music bar into a reality!

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2020-06-05T20:51:13.437 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.lewkepartners.com/homes/103283992

    1336 Us Highway 20 Highway Elizabeth, IL 61028

    • Price: $525,000
    • Status: Active
    • Updated: 21 min ago
    • MLS #: 10638793
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.0-2.99 Acres
    Acres
    8,700
    SQFT
    $60
    $/SQFT
    Neighborhood:
    Elizabeth
    County:
    Jo Daviess
    Area:
    Elizabeth
    Property Description
    If you have an interest in Live Music, Outdoor patios, sand volleyball courts, gambling machines, quality food and cold beverages, then THIS is the Turn-Key investment for you! No detail was left out of this truly unique bar/restaurant. CAJUN JACK's is located just minutes from DownTown Galena, IL, on US Route 20, like an oasis for tourists headed out on a weekend getaway. One step inside this cash-flowing establishment and you will notice the amazing interior decor and spotless condition...not to mention a mouthwatering menu. The right investor can purchase this property and have a custom hand crafted bar, 5 licensed gambling machines, commercial kitchen, walk-in cooler and freezer, 2 live music stages(indoor | outdoor), covered outdoor beer garden full bar & seating, state-of-the art camera surveillance system, modern sound system throughout, POS System, newly surfaced private parking lot for 75+. This family owned property is a destination spot for families, tourists, bikers, hunters and travelers alike. Turn your dream of owning a live music bar into a reality!
    Exterior Features

    Approx Land Sq Footage 7200 Lot Dimensions 2.71 ACRES Lot Sq Ft 118048 Number Of Parking Spaces 50 Waterfront YN No

    Interior Features

    Air Conditioning Central Air Number Of Stories 1

    Property Features

    Adj Net Inc Expense Source Owner Projection Adjusted Net Income 55000 Ann Rnt Expense Source Actual Annual Rent For Real Estate 0 Business Age 1-3 Years Business Name Cajun Jack's Business Type Bar/Lounge/Nite ClubFood And BeverageRestaurantOther Corporate Limits Elizabeth Cost Of Goods Expense Source Actual Cost Of Goods Sold 150000 Cost Of Goods Year 2019 Electrical Service 101-200 Amps Food Beverage Type RestaurantOtherGrill Gross Payroll 100000 Gross Payroll Expense Source Owner Projection Gross Payroll Year 2019 Gross Profit 55000 Gross Profit Expense Source Actual Gross Profit Year 2019 Gross Sales Ann Expense Source Actual Gross Sales Ann Year 2019 Gross Sales Annual 592000 Heat Ventilation Central Bldg Heat Inventory 10000 Inventory Expense Source Owner Projection Inventory Year 2020 Known Encumbrances None Known Net Operating Income Year 2019 Net Profit 55000 Net Profit Source Owner Projection Possession Closing Property Offered For Sale Only Real Estate Included YN Yes Sale Terms ConventionalWrap Around Tax Year 2018 Taxes 4831 Tenant Pays Air ConditioningCommon Area MaintenanceElectricHeatJanitorialReal Property TaxesInsuranceRepairs And MaintenanceRoofScavengerStructureWater/SewerCooking Gas Total Op Exp Year 2019 Total Op Expense Source Actual Total Operating Expenses 445000 Type Of Lease None Type Ownership Business Individual Zoning Type Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of @Properties.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2020-06-05T20:51:13.437 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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