Formerly doing business as The Grill, this restaurant is a much needed and anticipated business in Colchester. It was remodeled in 2021 and has since been improved with new furnace and central air in 2024. The building sells with all restaurant equipment, a walk-in cooler and freezer, a prep area, dry storage area, and an office. Many additional kitchen items and cookware are also included. There are additional booths that stay and would seat approximately 32 more people, in addition to the current seating of 52. There are 3 buildings included with a 2-bedroom apartment above building 2, and a 2-bedroom apartment above building 3. A beauty shop occupies the lower level of building 3. The current rental income is $2,200 per month, and could be more with the rental of the lower level of building 2. One apartment has a new furnace in 2024, and both apartments have solar panels. This is a great investment opportunity to start a restaurant business, with a good monthly rental income already established. Call for your opportunity to view!
This property sits right at the crossroads of IL HWY 136 and IL HWY 336. There is unlimited possibilities for this property. The showroom upfront is approximately 4,650 sq ft with a heated shop directly to the north of approximately 1,165 sq ft. This set up could easily become retail, wholesale or office space. Nicely located for a HVAC, plumbing or electrical business. This building has 2 bathrooms, 1 with a shower. There is a nice kitchenette for a breakroom complete with a laundry hook up. This property is in great condition and ready for its new owner!
Completely cleaned up! Launch your business in a city without any zoning restrictions -- and on a block that has seen lots of property improvements over the past few years. New on-demand water heater in 2024. Owner is open to renting.
Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067
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Colchester is located in Illinois. Colchester, Illinois has a population of 1,314. Colchester is less family-centric than the surrounding county with 15.64% of the households containing married families with children. The county average for households married with children is 26.67%.
The median household income in Colchester, Illinois is $49,063. The median household income for the surrounding county is $45,704 compared to the national median of $69,021. The median age of people living in Colchester is 44.7 years.
The average high temperature in July is 86.9 degrees, with an average low temperature in January of 15.3 degrees. The average rainfall is approximately 39.2 inches per year, with 20.3 inches of snow per year.
