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    200 Gore Road

    Morris, IL 60450
    • $199,000
    • STATUS: Active
    • ON SITE: 101 days
    • MLS #: 10647675
    Price Reduced
    UPDATED: 52 min ago
    $199,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 100,000
      SQFT
    • $2
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    "THE PUB" - HERE'S A SUCCESS STORY! Started Out a Cozy Bar with Limited Menu, that GREW into a Well-Established Eatery and Entertainment Hot Spot!!! Its Outstanding Location inside the Quality Inn, next door to Comfort Inn, Holiday Inn Suites and Jennifer's Garden Banquet & Convention Center Draws in NEW PATRONS EVERYDAY! The Live Entertainment, Trivia, Bingo & Karaoke Nights w/Daily Food & Drink Specials Makes it a Local Favorite, TOO!!! Unique Rustic Decor, Custom Cabinetry, Granite Bar, Fireplace, Stage & Seating for 75+ All Make "THE PUB" a Great Place to Gather! Truly a TURN-KEY OPERATION with Transferable Lease, Vender Agreements, Liquor & Gaming Licenses, All Trade Fixtures, Furnishings, Equipment & Inventory Included! Current Property Lease includes; Office & Storage Space, Private Entrance, Utilities, Patio Seating, Security System and EXCLUSIVE Catering & Liquor Agreement (Option) w/use of Hotel's Fully-Equipped Kitchen w/Ice Machines, Walk-in Coolers & Freezers. "THE PUB" has a motto, "COME AS A STRANGER, LEAVE AS A FRIEND!" Now it's YOUR Opportunity, "COME AS A NEW BUSINESS OWNER, STAY AS A SUCCESSFUL ENTREPRENEUR!!" 2019 Illinois Gaming Board VGT Report: NET Terminals (5) Income = $109,404/Tax Distribution $69,325

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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 2020-06-06T09:50:39.09 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/103539648

    200 Gore Road Morris, IL 60450

    • Price: $199,000
    • Status: Active
    • Updated: 52 min ago
    • MLS #: 10647675
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    100,000
    SQFT
    $2
    $/SQFT
    Neighborhood:
    Morris
    County:
    Grundy
    Area:
    Morris
    Property Description
    "THE PUB" - HERE'S A SUCCESS STORY! Started Out a Cozy Bar with Limited Menu, that GREW into a Well-Established Eatery and Entertainment Hot Spot!!! Its Outstanding Location inside the Quality Inn, next door to Comfort Inn, Holiday Inn Suites and Jennifer's Garden Banquet & Convention Center Draws in NEW PATRONS EVERYDAY! The Live Entertainment, Trivia, Bingo & Karaoke Nights w/Daily Food & Drink Specials Makes it a Local Favorite, TOO!!! Unique Rustic Decor, Custom Cabinetry, Granite Bar, Fireplace, Stage & Seating for 75+ All Make "THE PUB" a Great Place to Gather! Truly a TURN-KEY OPERATION with Transferable Lease, Vender Agreements, Liquor & Gaming Licenses, All Trade Fixtures, Furnishings, Equipment & Inventory Included! Current Property Lease includes; Office & Storage Space, Private Entrance, Utilities, Patio Seating, Security System and EXCLUSIVE Catering & Liquor Agreement (Option) w/use of Hotel's Fully-Equipped Kitchen w/Ice Machines, Walk-in Coolers & Freezers. "THE PUB" has a motto, "COME AS A STRANGER, LEAVE AS A FRIEND!" Now it's YOUR Opportunity, "COME AS A NEW BUSINESS OWNER, STAY AS A SUCCESSFUL ENTREPRENEUR!!" 2019 Illinois Gaming Board VGT Report: NET Terminals (5) Income = $109,404/Tax Distribution $69,325
    Exterior Features

    Approx Land Sq Footage 2000 Construction Concrete Block Frontage Access Frontage Road Land Amenities Lighting/Exterior Location Commercial Business Park Lot Dimensions 00 X 00 Lot Sq Ft 0 Number Of Parking Spaces 40 Waterfront YN No

    Interior Features

    Air Conditioning Central Air Miscellaneous Inside Common Meeting Room/SHandicapped AccessHandicapped Equip Washroom/SInside Corridor/SMulti-TenantPublic Restroom/SStorage Inside Number Of Stories 2 Outdoor Parking 31-50 Spaces

    Property Features

    Adj Net Inc Expense Source Actual Adjusted Net Income 0 Ann Rnt Expense Source Actual Annual Rent For Real Estate 29040 Business Age 7-10 Years Business Name The Pub Business Type Bar/Lounge/Nite ClubFood And Beverage Corporate Limits Morris Cost Of Goods Expense Source Owner Projection Cost Of Goods Sold 0 Cost Of Goods Year 2019 Food Beverage Type RestaurantCatering Gross Payroll 0 Gross Payroll Expense Source Owner Projection Gross Payroll Year 2019 Gross Profit 0 Gross Profit Expense Source Owner Projection Gross Profit Year 2019 Gross Sales Ann Expense Source Owner Projection Gross Sales Ann Year 2019 Gross Sales Annual 0 Heat Ventilation Forced Air Inventory 50000 Inventory Expense Source Owner Projection Inventory Year 2019 Known Encumbrances None Known Lease Type N/A Living Quarters None Miscellaneous Outside Handicapped AccessPatioSecurity LightingSecurity System Net Operating Income Year 2019 Net Profit 0 Net Profit Source Owner Projection Possession Negotiable Property Offered For Sale Only Proprietary Info Furniture/Fix/Equip ListLeases-CopiesProfit And Loss StatementTax ReturnsVendor List Real Estate Included YN No Sale Terms Lease/PurchaseOther Seating Capacity 51-75 Tax Year 2018 Taxes 0 Tenant Pays InsuranceRepairs And MaintenanceVaries By Tenant Total Op Exp Year 2019 Total Op Expense Source Owner Projection Total Operating Expenses 0 Type Of Lease Renewal Options Type Ownership Business Individual Zoning Type Other

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


    © 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 2020-06-06T09:50:39.09 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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