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$275,000

1002 N 7th Street, IL, 61469

Price per sqftN/A
Built in1977
Property typeCommercial
Courtesy of RE/MAX Real Estate Specialists, Listing Contact: 319-759-2616

Overview

Active

Listed Sep 29, 2026

Updated 11 days ago

TURNKEY Bar...Restaurant...Event Venue...Inventory Included! Rare opportunity to own an established small-town commercial property offering multiple uses and income-producing possibilities. Situated on an entire 1.37 acre city block, this property combines a popular bar & restaurant, dedicated event space, gaming room, attached apartment & parking. The restaurant has approx. 80 person capacity with a full commercial kitchen, walk-in coolers & an established busy lunch crowd, providing a strong foundation for continued restaurant & bar operations. A separate event room with an approx. 130 person capacity with opportunities for private parties, receptions, meetings, celebrations, fundraisers & community events. FEATURES: Attached apartment offering owner-occupant, manager housing or additional rental potential, large oversized parking lot, 1 car garage, 3 carports, 2 storage trailers, man cave, multiple storage areas, lean to sheds, smoker & more! Gaming room offers additional income through the state. With its combination of multiple income sources, this property offers an opportunity to operate multiple aspects of a business from one convenient location while owning an entire city block. Ideal for owner-operator, entrepreneur, investor or someone looking for a versatile commercial property with multiple potential revenue streams. Call today for additional details & your appointment!

Additional information

MLS® ID
6343224

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
1.38 Acres

Other Property Details

Taxes
$2,123
Tax Frequency
Annually
Garage
Yes

Listings courtesy of NoCoast MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Rachel Tiskevics Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 3:58 AM UTC on 10/3/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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