Eco Friendly
Address
2705 NE 3000 N Penfield, IL
Price
$ 69,900
Property Attributes
- MLS#09831302
- TypeBusiness Op
- CountyCHAMPAIGN
- CityPenfield
- AreaDewey - Fisher - Flatville - Foosland - Gifford -
- Zip61862
- StyleBar/Tavern/Lounge,Food & Beverage,Restaurant
- Taxes$ 5462
- Price$ 69,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3948
- Lot Size1.99972 Acres
Listing Provided Courtesy Of:
REALTY 2000,INC
Data Source:
Midwest Real Estate Data (MRED)
Property Description
THIS BUILDING PREVIOUSLY HOUSED THE 'OASIS' RESTAURANT FOR SEVERAL YEARS..CONCRETE BLOCK BUILDING BUILD ON A SLAB, APPROXIMATELY 3948 SQUARE FEET WITH DINING AREA, BAR AREA, KITCHEN AREA,TWO SETS OF RESTROOMS AND TWO GAMING AREAS. MUCH OF THE EQUIPMENT TO INCLUDE BOOTHS, TABLES, CHAIRS BAR AND STOOLS AND SOME KITCHEN EQUIPMENT ,WALK IN COOLER IN BAR AREA AS WELL AS LARGE COOLER OUT BACK REMAINS ON THE PREMISES NEW SEPTIC SYSTEM INSTALLED A FEW YEARS AGO WITH FIELD TO THE EAST OF THE PARKING LOT. PREVIOUSLY HAD A FULL SCALE MENU TO INCLUDE BREAKFAST, LUNCH AND DINNER..GAMES ROOMS USED TO INCLUDE POOL TABLES AS WELL AS VIDEO GAMING MACHINES. SOME OF THE KITCHEN EQUIPMENT AS WELL AS BEER COOLER AND AC UNITS HAVE BEEN REMOVED..OWNER WILL SELL OT LEASE WITH A TRIPLE NET LEASE IN EFFECT(OCCUPANT PAYS ALL OPERATING EXPENSES TO INCLUDE REAL ESTATE TAXES, PROPERTY INSURANCE AND ANY IMPROVEMENTS NEEDED. OWNER WILL LOOK AT ALL OFFERS WITH PROOF OF FINANCING ,PRICED $49,000 BELOW COUNTY
| Price History | |
|---|---|
| 1/11/2018 | Listed $159,900 |
| 11/16/2018 | 13% - $139,900 |
| 9/21/2020 | 51% - $69,900 |
General Features
| Additional Parcels Y/N | No |
|---|---|
| Business Name | OASIS |
| Business Type | Bar/Tavern/Lounge, Food & Beverage, Restaurant |
| City | Penfield |
| Construction Materials | Block |
| Cooling | None |
| County | Champaign |
| Current Use | Commercial |
| Days on Market | 1445 |
| Directions | EAST ON RT 136 TO PENFIELD CORNER..OASIS LOCATED JUST EAST OF PENFIELD SLAB MAROON BUILDING |
| Electric | Other |
| Lease Type | Net |
| Lot Size Square Feet | 87108 |
| MLS Area | Dewey / Fisher / Flatville / Foosland / Gifford / Ludlow / Penfield / Rantoul / Thomasboro |
| Operatingexpense | 1000 |
| Ownership Type | LLC |
| Possession | Closing |
| Possible Use | Commercial |
| Property Type | Business Opportunity |
| Property Type | Bus / Bus w/Real Est |
| Roof | Membrane |
| Standard Status | Active |
| Status | Active |
| Stories | 1 |
| Street Name | 3000 N |
| Tax Annual Amount | 5462 |
| Tax Year | 2019 |
| Tenant Pays | Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Roof, Structure, Sewer, Gas |
| Total Actual Rent | 1500 |
| Utilities | Electric to Site, Gas to Site, Septic-Private, Well Private |
| Zoning | OTHER |
Exterior Features
| Building Area Total | 3948 |
|---|---|
| Frontage Type | State Road |
| Lot Dimensions | 476 X 183 |
| Total Parking | 65 |
| Waterfront Y/N | No |
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 61862
Price
Taxes
Visits
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
