Estimated payment $3,242/month
Highlights
- Paneling
- Forced Air Heating and Cooling System
- 1-minute walk to Peru Rotary Park
- Tile Flooring
About This Home
BE the next PROUD owner of this fine bar/supper club established in 2004, located at 4th (Rte. 6) & Pike St. with a traffic count of over 12,000- cars a day; new handicapped entrance in front; THE RIGHT SPICE, long established family owned business-21 years. Open 4 days a week and sometimes on Sundays with food servicing from 4 to 9pm, with bar opening earlier at times. 2 separate dining rooms seating over 140 customers; bar area has 16 stools and 2 hi top seating 16 people, totaling 28 customers; 2 rest rooms of of bar area with 1 additional rest room off of the South dining room along with a small kitchen/work room and additional room for an office; beautiful older classic wood bar with various draft beer taps with back bar, dating back to the 1940's having decorative lights and open shelving for liquor bottles with bar area having dropped grid system with wood panels; West dining addition added to original building in early 1960's has stone decorative west wall and dropped ceiling with decorative lights and has its own roof top furnace and central air; full basement under original building has forced air furnace w/central air and has storage room for liquor with basement also having an outside access; waitress station off main West dining room has window access to bar & basement; full kitchen with stainless steel equipment; stoves, deep fryers, hood, work counter and dishwasher with kitchen having back entrance door leading to outside cooler and storage shed; parking in rear of building plus additional adjoining parking lot that owners have an agreement to use; additional income to building with 3-1 bedroom apartments upstairs with open floor plan and tastefully decorated, all having annual leases, available for showing only after prospect buyers show strong interest in building 1st and the same with their books, been in business over 21 years. You don't want to pass this profitable deal.
Property Details
Property Type
- Other
Est. Annual Taxes
- $4,972
Year Built
- Built in 1905
Lot Details
- Property is zoned B-2 Commercial Business
Home Design
- Slab Foundation
- Fire Rated Drywall
- Shingle Roof
- Metal Roof
- Stucco Exterior
Interior Spaces
- 5,196 Sq Ft Home
- Paneling
- Unfinished Basement
- Partial Basement
Flooring
- Carpet
- Laminate
- Tile
Utilities
- Forced Air Heating and Cooling System
- 200+ Amp Service
- Natural Gas Water Heater
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,972 | $69,765 | $14,573 | $55,192 |
| 2023 | $5,046 | $69,765 | $14,573 | $55,192 |
| 2022 | $4,763 | $65,816 | $13,748 | $52,068 |
| 2021 | $4,821 | $65,816 | $13,748 | $52,068 |
| 2020 | $4,780 | $65,816 | $13,748 | $52,068 |
| 2019 | $4,786 | $65,816 | $13,748 | $52,068 |
| 2018 | $4,821 | $65,816 | $13,748 | $52,068 |
| 2017 | $4,741 | $65,816 | $13,748 | $52,068 |
| 2016 | $4,771 | $65,816 | $13,748 | $52,068 |
| 2015 | $4,427 | $65,816 | $13,748 | $52,068 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/26/2026 01/26/26 | Price Changed | $525,000 | -12.4% | $101 / Sq Ft |
| 02/10/2025 02/10/25 | For Sale | $599,000 | -- | $115 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $245,000 | None Available | |
| Quit Claim Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $243,500 | Commercial |
Source: NorthWest Illinois Alliance of REALTORS®
MLS Number: 202507536
APN: 17-17-433013
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Ask me questions while you tour the home.