Approx 4000 square foot restaurant with bar, dining room, dance floor and two beer gardens. This property is currently bank-owned and has been well maintained. Extra parcel included to allow for abundant parking. Great visibility from N Main St/IL Rte 2 and easy access. Property is located near many businesses and the Sportscore One ball diamonds are only two blocks away. Great location and set-up for a sports bar! LIST PRICE IS $295,000 W/ OPENING BID OF $195,000 IF NO OFFER RECEIVED PRIOR TO AUCTION ON 12/15/12. Buyer's Fee equal to 2% or $2,000, whichever is greater to be added to high bid to determine final sale price. Nonrefundable EM of 5% of the sellers reserve due from high bidder on day of auction/offer. Cash closing, no contingencies. Offers are subject to Seller’s approval. Property is bank owned and is being sold "as-is, where-is". See Bidders Packet for additional disclosures and details. Directions: From Rockford, take N Main St/IL Rte 2 north toward Sportscore One park. Turn right onto Elmwood Rd to left onto Spooner Drive to property on the left at the end of Spooner Dr. Categories: Auctions, Commercial, December Events
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