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    208 Main Street

    Essex, IL 60935
    • $349,000
    • STATUS: Active
    • ON SITE: 143 days
    • MLS #: 10609743
    UPDATED: 77 min ago
    $349,000
    • 0
      BEDS
    • .25-.49 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,048
      SQFT
    • $69
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    Looking for a great business opportunity? This estate is offering the well known restaurant and tavern in the village of Essex,Illinois. The owner has passed and the property is for sale. The popular "Ray's Ranch House" can be purchased "as is" just open back up the front doors. Everything was in good condition on the day of closure. There is a three bedroom home to the rear of the property that can provide living quarters for a manager/owner or be split off from the commercial property. The numerous camping and recreational clubs in the area, along with the local residents, provide a steady stream of customers.The layout of the commercial building provides for a bar area, restaurant, and meeting room in different locations. The video gaming license and all other licenses will have to be applied for by the new owner. Some of the newer updates include a well and heating and cooling. There is ample parking in the front of the restaurant and an additional area in the rear. The ranch home in the rear is presently rented for just under $1,000/month. Call for any additional information you might need and to book your private showing.

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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 2020-06-06T08:50:11.817 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/102277826

    208 Main Street Essex, IL 60935

    • Price: $349,000
    • Status: Active
    • Updated: 77 min ago
    • MLS #: 10609743
    0
    Beds
    0
    Baths
    0
    ½ Baths
    .25-.49 Acre
    Acres
    5,048
    SQFT
    $69
    $/SQFT
    Neighborhood:
    Essex
    County:
    Kankakee
    Area:
    Essex
    Property Description
    Looking for a great business opportunity? This estate is offering the well known restaurant and tavern in the village of Essex,Illinois. The owner has passed and the property is for sale. The popular "Ray's Ranch House" can be purchased "as is" just open back up the front doors. Everything was in good condition on the day of closure. There is a three bedroom home to the rear of the property that can provide living quarters for a manager/owner or be split off from the commercial property. The numerous camping and recreational clubs in the area, along with the local residents, provide a steady stream of customers.The layout of the commercial building provides for a bar area, restaurant, and meeting room in different locations. The video gaming license and all other licenses will have to be applied for by the new owner. Some of the newer updates include a well and heating and cooling. There is ample parking in the front of the restaurant and an additional area in the rear. The ranch home in the rear is presently rented for just under $1,000/month. Call for any additional information you might need and to book your private showing.
    Exterior Features

    Approx Land Sq Footage 4048 Construction Other/Unknown Frontage Access City Street Location Central Business District Lot Dimensions 120X125 Lot Sq Ft 15000 Number Of Parking Spaces 20 Roof Coverings Shingle Composition Waterfront YN No

    Interior Features

    Air Conditioning Central AirExhaust Fan/SZoned Miscellaneous Inside Common Meeting Room/SHandicapped AccessPublic Restroom/SStorage Inside Number Of Stories 1 Outdoor Parking 19-30 Spaces

    Property Features

    Adj Net Inc Expense Source Owner Projection Adjusted Net Income 0 Ann Rnt Expense Source Owner Projection Annual Rent For Real Estate 0 Business Age 11+ Years Business Name Ray's Ranch House Business Type Food And BeverageRestaurant Corporate Limits Essex Cost Of Goods Expense Source Owner Projection Cost Of Goods Sold 0 Cost Of Goods Year 2018 Current Use Commercial Food Beverage Type RestaurantCarry-Out Gross Payroll 0 Gross Payroll Expense Source Owner Projection Gross Payroll Year 2017 Gross Profit 0 Gross Profit Expense Source Owner Projection Gross Profit Year 2017 Gross Sales Ann Expense Source Owner Projection Gross Sales Ann Year 2018 Gross Sales Annual 0 Heat Ventilation Central Heat/Indiv ControlsGas Inventory 0 Inventory Expense Source Owner Projection Inventory Year 2017 Known Encumbrances None Known Lease Type N/A Living Quarters Included Miscellaneous Outside Patio Net Operating Income Year 2018 Net Profit 0 Net Profit Source Owner Projection Possession Closing Property Offered For Sale Only Real Estate Included YN Yes Tax Year 2018 Taxes 6633.32 Tenant Pays Air ConditioningCommon Area MaintenanceElectricHeatReal Property TaxesInsuranceRepairs And Maintenance Total Op Exp Year 2017 Total Op Expense Source Owner Projection Total Operating Expenses 0 Type Of Lease None Type Ownership Business Individual Zoning Type Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of American Universal Realty.


    © 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 2020-06-06T08:50:11.817 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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