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Listed by Michelle Greybillof Village Realty Inc.
$ 500,000
Est. payment | /mo
8,000 SqFt
$ 500,000
Est. payment | /mo
8,000 SqFt
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 8,000 sqft
Price per Sqft $62
MLS Listing ID 12570860
Year Built 1941
Annual Tax Amount $350
Tax Year 2024
Property Sub-Type Retail/Stores
Property Description
Excellent investment opportunity with this 8,000 square foot commercial property, currently operating as the Bradley American Legion. This income-generating asset offers a versatile layout designed to support multiple revenue streams, making it ideal for investors or owner-operators. The lower level features a full-service bar and commercial kitchen, providing a turnkey setup for food and beverage operations. The upper level includes a large event hall with an additional bar and kitchen, perfectly suited for private events, banquets, and rentals-offering strong potential for consistent event-based income. The property's dual-level configuration allows for simultaneous use, maximizing revenue opportunities and operational flexibility. With established infrastructure already in place, this building is well-positioned for continued use as a social club, event venue, or conversion to other commercial concepts. With 8,000 square feet of functional space and multiple income possibilities, this is a rare chance to acquire a high-potential asset with both immediate cash flow and long-term upside.
Location
State IL
County Kankakee
Zoning COMMR
Interior
Cooling Central Air, Window Unit(s)
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
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