106 E Main Street Tolono, IL $ 445,000
106 E Main Street
$ 445,000
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106 E Main Street

Tolono, IL, 61880
$ 445,000
Baths0.0 Sq 2,514

Monthly Estimate*

$ 2,958

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Studio

Commercial Property for sale in Tolono, IL

for $445,000. This 2,514 square foot building was built on a lot size of 0.051653.

Are you searching for your next business opportunity? We have a great property in Tolono ready for its new owners. Jack's Tavern is a thriving business that has been open for over 80 years - A Tolono staple! Located just minutes outside of Champaign-Urbana, this property has a great location and an established customer base. The building offers over 2,500 square feet full of dining space, bar space, and room for entertainment including gaming machines and pool tables. There is also plenty of additional storage space. The VFW located directly next to this property has the potential to be purchased as well, creating opportunity for expansion for the interior and exterior of this business if desired. Give us a call to schedule a private showing! ** Property being sold AS IS**

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Commercial Active

Price

$ 445,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,094

Style

Food & Beverage

Lot Size

0.051653

Town/City

Tolono

County/Region

Champaign

MLS | Web ID

11822987

Features
General
Cooling Central Air
Possession Closing
Zoning COMMR
Stories 2
Tax Year 2022
Business Type Food & Beverage
Business Name JACK'S TAVERN
County Champaign
Operating Expense 0
Property Type Business Opportunity Bus / Bus w/Real Est
Status Active
Directions Heading north on N Long St. turn east onto W Holden St. then south onto N Vorcey St. Turn east onto E. Main St. and the property will be located on the north side of the road.
City Tolono
MLS Area Arcola / Arthur / Atwood / Bourbon / Camargo / Garrett / Ivesdale / Murdock / Neoga / Newman / Oakland / Pesotum / Philo / Sadorus / Tolono / Tuscola / Villa Grove / Westfield
Lot Size Square Feet 2250
Street Name Main
Tax Annual Amount 1094.52
Additional Parcels Y/N N
Days on Market 282
Standard Status Active
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Exterior
Building Area Total 2514
Lot Dimensions 25X90
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Interior
Street Suffix Street
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* Excluded Features
List By
Keller Williams-Trec

Broker

steve@littlefieldhomes.com

Email

Affordability Calculator

$3,049
Per Month
97%
3%
0%
Monthly Principal & Interest
$2,958
Monthly Property Taxes
$91
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/4/2023$445,000 -10.10% Price Down
7/5/2023$495,000 Listed Price

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106 E Main Street, Tolono, IL, 61880 is a Commercial Property for sale at $445,000 with 2,514 sqft and a lot size of 0.051653. 106 E Main Street is a studio with 0.0 baths. The property's zip code is 61880 which is in Tolono, IL