Great opportunity to own your own business with two connected parcels and two businesses for sale in one package deal. Bar and grill along with a laundromat in the heart of Waterman on highway 30. Thriving bar and restaurant has a great reputation and room for growth if you wanted to remove the laundromat which would be a great spot for a microbrewery or a stage for live music. Also includes a 1 bedroom apartment on the second floor that is currently being used as an office. Bar provides additional income through video gaming machines, lottery sales and jukebox, all with rental agreements. Known for its food the bar has a connected dining room behind the laundromat. Recent developments both in Waterman and Shabbona make this a great opportunity as these areas continue to grow.
This listing 208 West Lincoln Highway Waterman, Il 60556
is a retail/stores listing
on a lot of 7,992 sqft (or 148x54). 208 West Lincoln Highway was built in 1900. 208 West Lincoln Highway is located in Waterman and in ZIP Code 60556.
It has been listed on our site since 4/19/16.
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Waterman is a picturesque suburb set in the wide golden prairies of Clinton Township . Click here to read more.
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*Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.
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