Sold Price

$220,000

List Price

$250,000

Closing Date

Jan 11, 2022

Days on Market

230

MLS#

21010376

Status

CLOSED

Lot Size

13,504

Sq. Ft. Above

2,486

Acres

0.31

Year Built

1953

Age

69

Subdivision

State Park Place

County

Madison-IL

Listing Type

Commercial

Property Description

Tavern with high traffic count just south of I-70. Buyer incentive to purchase this property w/ Trackside located at 100 Joe St. in Collinsville. Seller prefers to sell Trackside before Steffis. New owner may be eligible for expanded video gaming. Currently 7 gaming machines. Illinois Gaming information is public at igb.illinois.gov Call and make an appointment for a private showing today. New state gaming legislation to take effect January 2020 along with FanDuel Sportsbook Horse Racing could positively impact the gaming industry and racetrack attendance as well as number of employees. This property is Unincorporated Madison county. Large fenced outdoor patio 40'X40' along with 20 ft. X 10' metal storage container 2 outdoor umbrellas, patio furniture stays. New Stand-up cooler behind bar (2018) Kitchen located behind the bar is a working kitchen w/ gas fryer, ice machine, upright freezer, 3 well sinks, 2 freezers & kitchen utensils. All bar stools, tables, chairs & TV's stay too!

Additional Information

Construction

Conventional

Parking Description

Gravel, Parking Lot

Lot Dimensions

100 X 135

Cooling

Electric

Sewer

Septic Tank

Heating

Forced Air

Water

Public

Price Per Sq. Ft

88.5

Taxes Paid

1438

Selling Terms

Cash Only, Conventional