Ladd IL Commercial for Sale

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Type:
Other
Sq.Ft.:
4,000
Status:
Active
Beds:
n/a
Year built:
1978
Baths:
MLS#:
12134279

ADDITIONAL INFORMATION

Fantastic opportunity! Turnkey business close to I-80 access. Starved Rock area and other state parks. Well established bar and grill. The front bar area has a bar and table seating. Two public restrooms. There is a back banquet area equipped with seating (seats approx. 35-40) and a small dry bar for overflow seating, events, ect. Kitchen has three deep fryers, grill, a 4-burner stove, oven, cooler, 3-sink dishwashing station and updated hood and sprinkler. The basement has a walk-in cooler and storage space. The upper level is an unfinished space. The current owner has five gaming machines for additional income.

Type:
Other
Sq.Ft.:
1,695
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
12059959

ADDITIONAL INFORMATION

Welcome to this exceptional opportunity to own a fully equipped bar in the heart of Ladd, IL. Steeped in the rich history of being an original Schlitz bar, this establishment "pours" character and charm, making it a standout in the area. Conveniently located just a mile from I-80, it offers easy access for patrons. This building boasts a unique history as an original Schlitz bar, adding to its appeal and character. With ample seating, including 10 tables, 50 seats, and 12 bar stools, there's plenty of space for patrons to relax and enjoy. Equipped with 18 taps, 2 display coolers, soda lines, a flat top, 2-burner stove, 2 ovens, prep station, 2 fryers, steam table, and a commercial refrigerator, this bar has everything needed to cater to guests' needs. In addition to the main bar area, there's an extra room ideal for overflow dining, dancing, gaming, or any other creative use. Recent repairs and upgrades including a new AC unit (2018), roof (2010), dining hall floor (2018), and updated tables and chairs (2018) ensure a well-maintained and inviting atmosphere. The sale includes all equipment, inventory, and decorations, making it a seamless transition for any prospective owner. A dry basement offers ample storage space and convenient access both from inside and behind the bar. Perfect for adding gaming options, this space provides an opportunity to attract a diverse clientele. Don't miss out on this rare opportunity to own a piece of local history while stepping into a thriving business venture. Schedule a viewing today!

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Ladd Real Estate

The median home value in Ladd, IL is $221,000. This is higher than the county median home value of $107,500. The national median home value is $338,100. The average price of homes sold in Ladd, IL is $221,000. Approximately 73.31% of Ladd homes are owned, compared to 15.6% rented, while 11.09% are vacant. Ladd 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 Ladd real estate agent to arrange a tour today!

Ladd, Illinois has a population of 1,285. Ladd is more family-centric than the surrounding county with 38.11% of the households containing married families with children. The county average for households married with children is 27.98%.

The median household income in Ladd, Illinois is $61,319. The median household income for the surrounding county is $59,407 compared to the national median of $69,021. The median age of people living in Ladd is 40.2 years.

Ladd Weather

The average high temperature in July is 85.4 degrees, with an average low temperature in January of 14.5 degrees. The average rainfall is approximately 38.2 inches per year, with 22.7 inches of snow per year.

Ladd Real Estate Market Conditions

  • Median sales price

    $221,000
    8.8% change since last quarter
  • # Active listings

    4
    30-day change

Ladd Schools and Demographics

Education near Ladd, IL

Metric City County
High School Graduates 89.45 90.6
College Degree - 2 year 7.86 9.86
College Degree - 4 year 16.39 20.43
Graduate Degree 5.5 5.16
Expenditures per Student 18,228 18,228
Students per Teacher 11.7 11.7

Elementary Schools near Ladd, IL

School Grades Students P/T Ratio ZIP
Dalzell Grade School KG - 08 48 7.9 61320
John F Kennedy Elementary School PK - 08 744 16.2 61362
LADD Comm Cons School PK - 08 223 13.1 61329
Northview Elementary School PK - 01 274 14.4 61354
Washington Elementary School 02 - 04 273 14.8 61354

Middle Schools near Ladd, IL

School Grades Students P/T Ratio ZIP
Cherry Grade School KG - 08 62 10.3 61317
Lincoln Elementary School PK - 01 214 19.2 61362
Parkside Middle School 05 - 08 386 12.4 61354

High Schools near Ladd, IL

School Grades Students P/T Ratio ZIP
Hall High School 09 - 12 383 13.5 61362

Ungraded Schools near Ladd, IL

School Grades Students P/T Ratio ZIP
Circuit Breaker School 05 - 12 29 5.8 61354
Regional Safe School 06 - 12 34 10.3 61354

Demographics near Ladd, IL

Metric City County
Neighborhood Type Suburban
Population 1,285 33,338
Population Density 1,084 38
Median Age 40.2 43.9
People per Household 2.5 2.4
Median Household Income 61,319 59,407
Average Income per Capita 30,868 31,686