$450,000

An amazing part of South Elgin's history... this NEC corner property at Woodbury and Mill, consists of Mary's Corner Tap (she operated it for the last 40-yrs, rumored to be built as a bank in 1890), a very nice, totally rebuilt single-family home (fire-damaged 2-3 years ago, now refinished and NEW!) along with a CC block 2-bay garage. Mary's Corner Tap, now closed, was a "Cheers-like" neighborhood pub as recently as March 2023, complete with its own gang of regulars, a renown bowling tournament (machine not included), this property exudes good "bones & genes..." small, yet expandable- just add imagination, capital and elbow grease. The renewed single family home adds another dimension- as rental income property, or a live-in feature for the Tap operation. NOTE: This is a real estate transaction- no business, or FF&E is implied or will convey with property although all the equipment and inventory are in place, and can be purchased in tandem with the real estate. No financial reports are available. The 2-bay garage can be used in conjunction with the pub, or the house. There is enough site area to contemplate significant outdoor pub services, but this value-added potential must be confirmed and permitted with the village. A new liquor license is granted to a person, a new owner, not to the real estate. Call List Agents for a private showing. Thank you.