114 Russell St. new Save Request In-Person Tour Request Virtual Tour
Willisville,IL 62997
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision Na
MLS Listing ID 25049266
Year Built 1919
Property Sub-Type Business
Property Description
Turnkey bar and tavern opportunity in the heart of Willisville! This income-producing business at 114 Russell Street features a spacious saloon-style bar, complete with authentic woodwork and rustic charm. The rear of the building offers a vibrant entertainment area with multiple dart boards, gaming machines, two 9' Diamond pool tables, TVs, and seating—perfect for hosting events, leagues, or private parties.
The dart boards and gaming machines are currently under contract, providing consistent revenue. Two 9' Diamond pool tables are included with the sale. Bar equipment, commercial freezers and coolers, liquor inventory, tables, chairs, and picnic tables are also included. A shed on the property offers convenient storage.
The front portion of the building provides additional entertainment space or could be converted into a separate business entity such as a laundromat, studio apartment, or other commercial use with minimal renovation. TIF (Tax Increment Financing) funds are currently available to assist with upgrades or development.
The building is clean, updated, and ready for operation. Bonus income potential with a transferable gaming machine contract, making this a great investment for an owner-operator or investor.
Location
State IL
County Perry
Interior
Heating Forced Air
Cooling Central Air
Building
Structure Type Unknown
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard