703 N Prospect AVE Pending

Champaign,IL 61820

$ 275000

- Bed

0 Bath

1396 SqFt


Key Details

Property Type Commercial

Sub Type Bus / Bus w/Real Est

Listing Status Pending

Purchase Type For Sale

Square Footage 1,396 sqft

Price per Sqft $196

MLS Listing ID 12480174

Annual Tax Amount $3,841

Tax Year 2023

Lot Dimensions 105X82

Property Sub-Type Bus / Bus w/Real Est

Property Description

This iconic tavern, the heart of the city's oldest neighborhood for 90 years, is now for sale. We've kept the original charm while adding modern amenities. The business is primed for growth with recent additions, including Illinois State Poker Machines, a new HVAC system, a new walk-in condenser and compressor, and new windows. A newly renovated apartment upstairs is also included, ideal for staff or as a live-in manager's unit. This is a rare opportunity to own and operate one of the oldest neighborhood taverns around.

Location

State IL

County Champaign

Area Champaign, Savoy

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Exterior

Utilities Available Electricity Available

Building

Dwelling Type Bus / Bus w/Real Est

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