307 N MAIN ST Active Save Request In-Person Tour Request Virtual Tour
Loraine,IL 62349
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 12,320 sqft
Price per Sqft $23
MLS Listing ID CA1040471
Annual Tax Amount $6,088
Tax Year 2024
Property Sub-Type Commercial
Source rmlsa
Property Description
Endless possibilities with this well-established bar and event venue situated on 5 acres in a peaceful rural setting! The impressive 12,320 sq ft building was formerly a school and now offers a unique blend of character and functionality. The bar area features stunning 19-foot ceilings and a gaming room, while the large event space in the back is perfect for hosting weddings, receptions, parties, and community gatherings. Geo-thermal heating and cooling provide energy efficiency year-round. The owner is currently creating two apartments, adding even more potential for income or on-site living. Great opportunity to continue its legacy or bring your own vision to life!
Location
State IL
County Adams
Area Other
Zoning No zoning
Direction Follow I-172 N and IL-110 E/IL-336 N to County Rd 1500 E in Loraine. Turn left onto County Rd 1500 E. Continue to S Main. Business is on the left.
Interior
Heating Geothermal
Cooling Geothermal
Flooring Concrete,Wood
Fireplace N
Exterior
View true
Roof Type Asphalt
Garage 1
Building
Faces Follow I-172 N and IL-110 E/IL-336 N to County Rd 1500 E in Loraine. Turn left onto County Rd 1500 E. Continue to S Main. Business is on the left.
Sewer Septic Tank
Water Municipal/City
Structure Type Block,Brick,Stone
Others
Tax ID 06-0-0171-000-00