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1336 Us Rt 20 Highway

Elizabeth, IL 61028
  • $500,000
  • STATUS: Active
  • ON SITE: 135 Days
  • MLS #: 11467909
UPDATED: 46 min ago
$500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:
Area:

School Ratings & Info

Description

Looking for a successful, 'Turn-Key" business with experienced and dedicated Manager & staff in place? This one is strategically located on historic & high-traffic US Hwy 20 in the heart of Jo Daviess County which is the main thoroughfare traversing this pristine Driftless Region location of NW IL & bringing many thousands of tourists for year-round activities and other attractions. Unlike many other restaurant businesses, this one grew dramatically during the Covid pandemic due to extensive outside & under shelter seating as well as huge inside dining areas which allowed for safe distancing of tables. As an added bonus this property lies within a TIF District. Income has increased every year since opening as Cajun Jacks in 2017. Detailed Financial information will be shared upon getting an acceptable written Offer to Purchase from a qualified buyer. The 6368 SqFt main building was built in 1993 and has a convertible large meeting room for private events. Additionally, there is the 1590 SqFt outdoor roofed dining & bar area built in 2008 adjoining the sand volleyball 'stadium' built since 2017 for great summer fun, outdoor dining, music venues, class or family reunions. In order to keep up with increased business, a 12x20' kitchen addition was added in 2022 as well as more kitchen equipment (see equipment list). Inside dining can accommodate approximately 160 patrons and includes a separate meeting room; outside dining can accommodate approximately 100 patrons. Easy access from U.S. Hwy 20 and the 39,600 sq ft of recently paved parking lot including 3,600 sq ft for motorcycles, make this an attractive stop for all types of vehicle traffic among tourists as well as locals. It has a 16.5'x24.5' game room with a pool table and 4 electronic gaming machines. There are numerous well-attended seasonal events including weekly Sand Volleyball Tournaments (in season), Crawfish Boils, a Beef Jerky Contest, and a growing number of car & bike club cruises, poker runs, live music events etc. In fact, the business has grown so much since first opening that they are enlarging the septic system in 2022. List price includes: Real Estate w/improvements; fully functioning successful business with experienced Manager & staff in place, all fixtures and equipment (excluding only the gaming machines), including electronics & state of the art POS software, and inventory. EVERYTHING is ready for the next owner to reap the rewards of present owners' 5 years of experienced set-up and management!! TRULY TURN-KEY!

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© 2022 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 2022-12-01T21:58:12.717 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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1336 Us Rt 20 Highway Elizabeth, IL 61028

  • Price: $500,000
  • Status: Active
  • On Site: 135 Days
  • Updated: 46 min ago
  • MLS #: 11467909
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Elizabeth
County:
Jo Daviess
Area:
Elizabeth
Property Description
Looking for a successful, 'Turn-Key" business with experienced and dedicated Manager & staff in place? This one is strategically located on historic & high-traffic US Hwy 20 in the heart of Jo Daviess County which is the main thoroughfare traversing this pristine Driftless Region location of NW IL & bringing many thousands of tourists for year-round activities and other attractions. Unlike many other restaurant businesses, this one grew dramatically during the Covid pandemic due to extensive outside & under shelter seating as well as huge inside dining areas which allowed for safe distancing of tables. As an added bonus this property lies within a TIF District. Income has increased every year since opening as Cajun Jacks in 2017. Detailed Financial information will be shared upon getting an acceptable written Offer to Purchase from a qualified buyer. The 6368 SqFt main building was built in 1993 and has a convertible large meeting room for private events. Additionally, there is the 1590 SqFt outdoor roofed dining & bar area built in 2008 adjoining the sand volleyball 'stadium' built since 2017 for great summer fun, outdoor dining, music venues, class or family reunions. In order to keep up with increased business, a 12x20' kitchen addition was added in 2022 as well as more kitchen equipment (see equipment list). Inside dining can accommodate approximately 160 patrons and includes a separate meeting room; outside dining can accommodate approximately 100 patrons. Easy access from U.S. Hwy 20 and the 39,600 sq ft of recently paved parking lot including 3,600 sq ft for motorcycles, make this an attractive stop for all types of vehicle traffic among tourists as well as locals. It has a 16.5'x24.5' game room with a pool table and 4 electronic gaming machines. There are numerous well-attended seasonal events including weekly Sand Volleyball Tournaments (in season), Crawfish Boils, a Beef Jerky Contest, and a growing number of car & bike club cruises, poker runs, live music events etc. In fact, the business has grown so much since first opening that they are enlarging the septic system in 2022. List price includes: Real Estate w/improvements; fully functioning successful business with experienced Manager & staff in place, all fixtures and equipment (excluding only the gaming machines), including electronics & state of the art POS software, and inventory. EVERYTHING is ready for the next owner to reap the rewards of present owners' 5 years of experienced set-up and management!! TRULY TURN-KEY!
Exterior Features

Frontage Type State Road Lot Size 2.0-2.99 Acres Outdoor Parking Over 100 Spaces Parking Total 200

Interior Features

Cooling Central Air Heat Ventilation Central Bldg Heat Miscellaneous Inside Public Restroom/S

Property Features

Additional Parcels YN No Adjusted Net Income 1 Adjusted Net Income Year 2021 Annual Rent For Real Estate 0 Building Area Total 8198 Business Age 4-6 Years Business Type Food & BeverageRestaurant Corporate Limits Elizabeth Gross Profit Year 2021 Gross Sales Annual 1 Gross Sales Annual Year 2021 Mls Actual Status Active Operating Expense 1 Possible Use Commercial Property Offered For Sale Only Real Estate Included Yes Sale Price Includes LandBuildingBusinessEquipment Tax Annual Amount 4900 Tax Year 2021 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatJanitorial ServiceOperating StopsTaxesInsuranceRepairsRoofScavengerStructureSewer Type Bus / Bus W/Real Est Type Of Lease None Zoning Commr

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Keller Williams Realty Signature: 815-315-1111.


© 2022 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 2022-12-01T21:58:12.717 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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