105 Main Street Penfield, IL 61862 Commercial - Retail Contingent

  • 105 Main Street, Penfield, IL 61862 Main Photo

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Description

Calling all business owners! Here is your opportunity to own this staple of the Penfield community! In 2024, Berg Tank Septic Service installed a brand-new commercial septic system. There is a 4300-gallon Ecopod tank, a 1500-gallon concrete dosing tank with a dual pump system, and a 300-gallon fiberglass effluent lift station with a dual pump system. This building features a fully equipped kitchen, which includes a flat top oven, an Ansul system, a fryer, a commercial microwave, and a produce sink. Everything in the building will stay, including the POS system, TVs, beer cooler, stand-up cooler, all tables, and chairs will stay with the bar. There is also a walk-in cooler. The bulk CO system was installed in 2024, as well as the grease trap. Make your business dreams come true by owning this notorious bar and grill!

Property Highlights

Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1932

General Information

County: Champaign
Listed By:
KELLER WILLIAMS-TREC 217-356-6100
MRED MLS
$89,900
Est. $650/mo
Contingent
SQUARE FEET1,770 MLS#12352108
STATUSContingent PROPERTY TYPECommercial - Retail

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105 Main Street, Penfield, IL 61862.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $89,900$89,900$89,900
Down Payment $17,980$3,147$22,475
Monthly Mortgage Amount $425$529$551
Taxes $125$125$125
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$40$0
Monthly Estimated Total $650$794$776

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