210 E Lincoln Highway Waterman, IL 60556
A great investment in a high-traffic area with tons of potential uses. TIF funding has been approved for a proposed restaurant/bar project, but funding can be approved for other uses as the property is located in a TIF-approved area. The property was in the process of being converted to a restaurant/bar with a gaming area and 2 apartments. Approved plans and drawings for the restaurant/bar and a parking lot (for the second lot) are in "additional information." Currently, there are 3 apartments, a restaurant/bar area with a kitchen, and a banquet hall/lounge area that can be rented immediately. The property offers a second lot (already approved TIF funding to be converted into a parking lot), a 14x45 heated garage, new windows, a full kitchen with an exhaust vent, commercial-size sinks, and stoves. This building could be re-purposed to all apartments, a mix of different professional services, retail, or a nice restaurant. The possibilities are endless; this property was previously used as a church and bowling alley! There is plenty of space in the basement for storage. Floor plans do not show the 2-bedroom apartment or basement area.
- Property TypeCommercial
- NeighborhoodN/A
- CountyDekalb
- Taxes$5,641
- HOA/Condo/Coop Fees$0
- Days on Site17 Days
- MLS StatusActive
- MLS ID Number12057145
- Home Size Source N/A
- Year BuiltN/A
- Lot Size Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Brick
- Electric Circuit Breakers
- Number of Stories 1
- Property Sub Type Mixed Use
- Foundation BlockConcrete Perimeter
- Zoning COMMR
- Number Of Stories 1
Interior Features
- Cooling Central AirZoned
- Flooring CarpetConcreteParquetVariesWood
- Utilities Electric to SiteGas to SiteSanitary SewerWater to Site
Exterior Features
- Roof Composition
- Construction Details Brick
Community Features
- Township Clinton
- MLS Area Waterman