514 S Governors Highway

Peotone, IL
$ 840,000 Beds 0 Baths 0 Sq 5,400
Monthly Estimate* How much can I afford?

GREAT LOCATION! GREAT VISIBILITY! TURN KEY RESTAURANT! Owners will consider all offers! Local restaurant on corner lot of highly traveled Governors Hwy in the growing town of Peotone. Close to 57, the Will County Fair Grounds, proposed Peotone Airport and proposed truck stop. BRING YOUR CONCEPTS as this building would make a great restaurant, bar, car dealership among many other things! Highly motivated sellers looking to retire after 29 years owning this established restaurant. Large dining area, semi private separate dining area for meetings and parties. Large kitchen with food prep and catering area. Separate office. New Rubber Roof - 2014 ~ New Shingles/Soffit - 2020 ~ Parking lot seal coated - 2020 ~ New Air Units - 2020 ~ Tables, Booths and chairs - 2017 ~ New paint - 2017. 6 burner stove/oven, 3 deep freezers and 1 walk in cooler, dish washing machine, 4' char broiler, 10' grill, 8' steam table, deep fryers, 10' and 25' hood with new motors and belts in 2020, food prep cooler. Full bar. You can apply for a liquor and gaming license for this location. 3 entrances into the parking lot that goes around the whole building. All trade fixtures included EXCEPT: Pepsi machine, coffee maker and ice machine as these are leased and the pictures on the walls.

Business Op

  • Price
  • $ 840,000
  • Lot Size
  • Bedrooms
  • 0
  • Sqr Footage
  • 5,400
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Peotone
  • Taxes
  • 8831
  • County
  • WILL
  • Style
  • Restaurant
  • Area
  • Peotone
  • MLS#
  • 10847652
  • Zip
  • 60468
Listing Provided by: @home realty BROKERAGE

Features

General

Property Type Bus / Bus w/Real Est

Amenities

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

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Naperville, IL office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/4/2020 Listed $840,000

Property vs Zip Code Average in 60468

Price
AVG $1.66M
$840K
Taxes
AVG $10,181
$8,831
Visits
AVG 96
14
Walkscore
AVG 31
49
Data Provided by Walkscore ® not using MLS data

Map

514 S Governors Highway Peotone, IL is a Single Family Home for sale at $840000 with 5400 sqft and a lot size of Acre(s). 514 S Governors Highway Peotone has 0 bedrooms, 0 baths . The property's zip code is 60468 which is in Peotone, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.