Loraine, IL 62349,307 N MAIN ST
Loraine, IL 62349,307 N MAIN ST
Loraine, IL 62349,307 N MAIN ST
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Listed by JeremyD Farlow • Farlow Real Estate Experts
$285,000
Est. payment /mo
12,320 SqFt
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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


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Janet Arns

Janet Arns

+1(217) 617-0751

Broker | License ID: 475 130570

Broker License ID: 475 130570

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