Address
Not Disclosed, Lansing, IL
Price
$ 699,000
Property Attributes
  • MLS#11877635
  • TypeBusiness Op
  • CountyCOOK
  • CityLansing
  • AreaLansing
  • Zip60438
  • StyleBar/Tavern/Lounge
  • Taxes$ 79017
  • Price$ 699,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage15000
  • Lot Size0.895317 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

RARE OPPORTUNITY TO OWN A TURNKEY ESTABLISHED BUSINESS! Original Owners first time offering! Are you looking for a unique investment opportunity in the commercial real estate market? Look no further! We are pleased to present a fantastic commercial property for sale that includes both the real estate and a thriving bowling alley business. This business comes with all the necessary licenses, including liquor and gaming, which are in good standing. The sale of this property includes the business, real estate, and all the equipment needed to run a successful bowling alley. The 16-lane bowling alley has been upgraded with new lanes, which were redone just 8 years ago. The loyal following of league bowlers ensures a steady flow of customers, as well as private parties and events. One of the highlights of this property is the well-appointed bar area, complete with a gaming machine area. This provides an additional revenue stream and adds to the overall atmosphere of the bowling alley. A private meeting room is also included, perfect for hosting corporate events or birthday parties. In terms of entertainment, this property has it all. A stereo system, complete with 6 EV speakers, ensures that the bowling experience is accompanied by great music. The cosmic bowling system, tracers, and more add a splash of excitement to the traditional game. The large parking lot offers plenty of space for customers, with an additional lot across the street on a separate pin, which is included with the sale. Practicality and functionality are also key features of this property. A large workshop/garage area in the rear is perfect for maintenance and repairs. Additionally, the basement includes a walk-in cooler and freezer, as well as ample storage space. If you're interested in this unique commercial investment opportunity, don't hesitate to give us a call for complete details. The potential for growth and success in the bowling alley business, combined with the included real estate and all its amenities, make this listing a truly exceptional find. Don't miss out on your chance to own this incredible property!

Price History
9/6/2023 Listed $800,000
2/13/2024 13% - $699,000

General Features

Cooling Central Air
Possession Closing
Roof Composition
Zoning COMMR
Construction Materials Brick
Tenant Pays Air Conditioning,Heat,Janitorial Service,Taxes,Insurance,Repairs,Roof,Scavenger,Sewer
Stories 1
Tax Year 2021
Current Use Commercial,Special Use
Business Type Bar/Tavern/Lounge,Other
County Cook
Property Type Business Opportunity
Possible Use Recreational
Status Active
Directions Torrence Ave. to 182nd St/Ridge Rd
City Lansing
MLS Area Lansing
Lot Size Square Feet 39000
Waterfront Y/N No
Street Name Ridge
Tax Annual Amount 79017
Additional Parcels Y/N Yes
Days on Market 209
Standard Status Active
Property Type Bus / Bus w/Real Est
Ownership Type Corporation

Interior Features

Street Suffix Road

Exterior Features

Building Area Total 15000
Lot Dimensions 150 X 210

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Business Op Average in 60438

Price
AVG $580K
$700K
Taxes
AVG $31,537
$79,017
Visits
AVG 32
86
Data Provided by Inside Real Estate®

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