Closed

$720,000

1003 Southline Road, Tuscola, IL 61953
94 days
1003 Southline Road·Tuscola, IL 61953
1965Year Built
About This Home

Offering fully furnished restaurant in Tuscola, Illinois, conveniently located on US Rt. 36 and near interchange of Interstate 57. The 4,800 square foot restaurant sits on a 1.5-acre lot and was fully renovated in 2018. Sale includes all equipment, furnishings, small wares, etc., creating a virtually move-in ready situation. This property has been very well maintained ensuring an easy transition for a new owner. Restaurant includes large dining room with separate bar area with a video gaming opportunity. The complete building renovation created a cozy atmosphere with booths on the exterior walls and table seating in the center of the dining room. Tuscola is situated in Douglas County and serves as the county seat with a population of 4,520 (2020). It is positioned approximately 25 miles south of Champaign-Urbana, the home to the University of Illinois. The US 36/Interstate 57 corridor is home to national restaurants (Jimmy John's, Arby's, McDonald's, Taco Bell, et) as well as an outlet mall, grocery store, and Love's Travel Stop. This restaurant location sits directly to the west of the McDonald's location. Tuscola has a small-town charm that is known for supporting its local business community while serving interstate traffic.

MLS# 11919513Listed October 30, 2023Commercial Sale
Property Details

Beds & Baths

Size & Structure

Year Built1965
Lot Size90X358X289X162X197X198

Location

CountyDouglas
TownshipTuscola
Zip Code61953

Financial

List Price$720,000
Annual Taxes (2022)$9,308
Monthly Tax Est.$776
Parcel #09080220000200
Interior Features

Cooling

Central Air
Utilities & Parking

Electric

Circuit BreakersService - 201 to 600 Amps
Tax & Financial
Annual Taxes
$9,308
Tax Year 2022
Monthly Tax Est.
$776
per month
Property Location

1003 Southline Road, Tuscola, IL 61953Douglas County

$720,000
1003 Southline Road
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
94 days on market
90X358X289X162X197X198
$9,308/yr taxes
$4,560
estimated monthly payment
Principal & Interest
$3,784/mo
Property Tax
$776/mo
$720,000
20% — $144,000
3%50%
6.875%
3%12%
Loan Amount
$576,000
Down Payment
$144,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
GUTH & ASSOCIATES,LLC
Agent: Jill Guth
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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