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    531 S 7th Street

    Rochelle, IL 61068
    • $449,000
    • STATUS: Active
    • ON SITE: 56 days
    • MLS #: 11022285
    UPDATED: 50 min ago
    $449,000
    • 0
      BEDS
    • 1.52
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,200
      SQFT
    • $62
      $/SQFT
    Type:
    Commercial
    Built:
    1980
    County:

    School Ratings & Info

    Description

    Tremendous business opportunity in Rochelle! Salt 251 is a fully renovated restaurant, bar and banquet hall set on the beautiful Fairways golf course. Within the last three years, updates include an all new HVAC system, newly wired electric and gas lines. The bar has been completely redesigned and provides seating for 35+ people. the covered patios provide optimal outdoor seating with fairway views. A brand new commercial kitchen has also been installed with highlights including a brand new chef's hood with ambient air safety feature, new prep station and a new walk in freezer. The banquet hall holds over 200 people with the overflow seating of the patio and has been upgraded as well. Security & fire protection system upgrades, remodeled restrooms with high efficiency faucets, new flooring add to the list of desirables! This building has loads of potential and can be a true money maker with the right vision. Daily highway traffic count of 8,700. Call for a private tour today and put your money to work for you!

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2021-05-12T06:58:14.8 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    531 S 7th Street Rochelle, IL 61068

    • Price: $449,000
    • Status: Active
    • Updated: 50 min ago
    • MLS #: 11022285
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.52
    Acres
    7,200
    SQFT
    $62
    $/SQFT
    1980
    Built
    Neighborhood:
    Flagg Center / Hillcrest / Kings / Rochelle
    County:
    Ogle
    Area:
    Flagg Center / Hillcrest / Kings / Rochelle
    Property Description
    Tremendous business opportunity in Rochelle! Salt 251 is a fully renovated restaurant, bar and banquet hall set on the beautiful Fairways golf course. Within the last three years, updates include an all new HVAC system, newly wired electric and gas lines. The bar has been completely redesigned and provides seating for 35+ people. the covered patios provide optimal outdoor seating with fairway views. A brand new commercial kitchen has also been installed with highlights including a brand new chef's hood with ambient air safety feature, new prep station and a new walk in freezer. The banquet hall holds over 200 people with the overflow seating of the patio and has been upgraded as well. Security & fire protection system upgrades, remodeled restrooms with high efficiency faucets, new flooring add to the list of desirables! This building has loads of potential and can be a true money maker with the right vision. Daily highway traffic count of 8,700. Call for a private tour today and put your money to work for you!
    Exterior Features

    Number Of Drive In Doors 0 Number Of TLDocks 0 Outdoor Parking 51-100 SpacesCommon Parking Parking Total 57

    Interior Features

    Cooling Central Air Electric 201-600 Amps Fire Protection Alarm MonitoredFire Extinguisher/SSmoke Or Fire ProtectorsWater Storage Tank Heat Ventilation Forced Air Leasable Area 0

    Property Features

    Additional Parcels YN No Existing Lease Type N/A Known Encumbrances None Known Lot Size Dimensions 15X183X105X120X104X127X198X143X175X2 Min Avail Sq Ft Rentable 0 Net Operating Income Year 2019 Property Offered For Sale Only Tax Annual Amount 6415.46 Tax Year 2019 Tenant Pays Air ConditioningElectricityHeatTaxesInsuranceRepairsRoofSewer Zoning Rtail

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Re/Max Of Rock Valley.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2021-05-12T06:58:14.8 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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