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.
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!
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.
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.