With its prime location on the corner, this property enjoys high visibility and foot traffic! It's not just a bar; it's a destination that locals and visitors alike will be drawn to. Don't miss the chance to own a piece of this thriving community – where good times, great drinks, and gaming fun come together in one unforgettable setting. Added bonus: 2 apartments located above bar for additional income-1 currently rented, bonus building included in sale, opportunities are endless!! TIF money available to assist with building your dreams!
CURRENTLY UNDER LOI - Mixed use building with retail on the street level and two apartment units on the second floor. Great building with lots of character, main floor tenant is nationally recognized brand. Additional units upstairs with wood flooring and exposed brick offer additional income potential. Located on the hard corner in Farmington at the intersection of Route 116 and Route 78. High traffic intersection with 10,000+/CPD
The median home value in Farmington, IL is $96,500. This is higher than the county median home value of $83,900. The national median home value is $219,700. The average price of homes sold in Farmington, IL is $96,500. Approximately 72.39% of Farmington homes are owned, compared to 11.8% rented, while 15.81% are vacant. Farmington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Farmington real estate agent to arrange a tour today!
Farmington, Illinois 61531 has a population of 2,443. Farmington 61531 is more family-centric than the surrounding county with 32.4% of the households containing married families with children. The county average for households married with children is 25.06%.
The median household income in Farmington, Illinois 61531 is $53,295. The median household income for the surrounding county is $48,599 compared to the national median of $57,652. The median age of people living in Farmington 61531 is 39.4 years.
The average high temperature in July is 86.6 degrees, with an average low temperature in January of 15.5 degrees. The average rainfall is approximately 39 inches per year, with 20.3 inches of snow per year.