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Listed by SethA Goodman • ME Realty
$ 209,000
Est. payment /mo
Active
109 S SANGAMON ST Lincoln, IL 62656
7,832 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,832 sqft
Price per Sqft $26
MLS Listing ID CA1030132
Year Built 1880
Annual Tax Amount $3,846
Tax Year 2024
Property Sub-Type Commercial
Source rmlsa
Property Description
Over $50,000 in recent improvements! An exceptional opportunity to own a true Lincoln landmark — The Blue Dog. Established in 1979, this well-known and well-loved restaurant has been a staple of the local community for decades. Expanded in 2012, increasing seating capacity from 70 to 110, The Blue Dog continues to be a consistent crowd favorite. This turnkey restaurant is being offered fully equipped and furnished (excluding a few personal items), allowing for a seamless transition to new ownership. The property features adjacent off-street parking, a full basement, rear carport, and overhead second-floor storage/workspace. Adding further value is a second-floor, two-bedroom apartment located at 113½ S. Sangamon Street, currently rented for $700 per month, providing additional income potential. Recent upgrades and additions within the past two years include: fresh exterior paint, UV window tint, 8-tap kegerator, 6-foot flame grill with refrigerated base, two soda stations with ice bins, new deep fryer (two baskets), triple refrigerator in the kitchen, 30-quart commercial floor stand mixer, and much more! Whether you are an experienced operator or an aspiring restaurateur, this established and well-maintained business presents a rare opportunity. Smartly priced and ready for its next chapter!
Location
State IL
County Logan
Area Lincoln
Zoning Commercial
Direction Property is located at 109-113 1/2 S. Sangamon Street, Lincoln.
Interior
Heating Forced Air, Natural Gas, Hot Water
Cooling Central Air
Flooring Concrete, Tile, Wood
Fireplace N
Exterior
View true
Roof Type Composition Shingle,Flat,Sloped
Garage 1
Building
Faces Property is located at 109-113 1/2 S. Sangamon Street, Lincoln.
Sewer Public Sewer
Water Municipal/City
Structure Type Aluminum Siding,Brick
Others
Tax ID 08-210-147-00