1568 East Grove Avenue

Rantoul, IL 61866

$375,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to Ruger's Bowling Alley - Where Entertainment Meets Opportunity! This impressive 32,000-square-foot facility offers a thriving business that blends classic bowling fun with modern amenities and has the potential to be so much more! Situated in a prime location, this establishment is not just a bowling alley; it's a diverse entertainment hub with numerous revenue streams. Enjoy 14 bowling lanes, perfect for casual games, all-ready set and active leagues, and tournaments. The lanes are well-maintained...Welcome to Ruger's Bowling Alley - Where Entertainment Meets Opportunity! This impressive 32,000-square-foot facility offers a thriving business that blends classic bowling fun with modern amenities and has the potential to be so much more! Situated in a prime location, this establishment is not just a bowling alley; it's a diverse entertainment hub with numerous revenue streams. Enjoy 14 bowling lanes, perfect for casual games, all-ready set and active leagues, and tournaments. The lanes are well-maintained and provide a fantastic experience for bowlers of all skill levels. Dive into the world of gaming machines that add an extra layer of excitement. The bar and lounge area have been tastefully updated, providing a trendy space for patrons to unwind. With six recently remodeled ADA-compliant bathrooms, your venue is accessible to everyone, ensuring a welcoming and inclusive environment. Explore the potential of four dedicated rooms that can be rented for birthday parties or utilized as offices, providing additional revenue streams. With some upgrading the snack bar would ensure guests are well-fed, enhancing their overall experience and generating additional income. Benefit from the expansive 2,000-square-foot banquet room, ideal for private events. Consider transforming it into an arcade or batting cages to appeal to sports complex families looking for entertainment while waiting for their next games. Take advantage of the 2-bedroom, 1 full-bath apartment on-site, generating additional income and providing convenient living quarters for owners or staff. This is not just a bowling alley; it's an entertainment destination with multiple revenue streams. Whether you're a seasoned business owner or an aspiring entrepreneur, Ruger's offers an exciting opportunity to own a thriving establishment with limitless potential. Don't miss out - make this diverse entertainment hub yours today!
  1. Listed by Jeanette During • TOWN & COUNTRY REALTY,LLP

Property Details for 1568 East Grove Avenue

Area
Dewey / Fisher / Flatville / Foosland / Gifford / Ludlow / Penfield / Rantoul / Thomasboro
Township
Rantoul
Zoning
COMMR

Location

Listing Courtesy of TOWN & COUNTRY REALTY,LLP
Add your commute
LISTING UPDATED: 04/17/2024 12:07 AM

Property Details for 1568 East Grove Avenue

StatusActive
MLS #11969809
Days on Market88
Taxes$6,334 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1964
Lot Size3.57 AC / 155,438 SF
CountyChampaign County

Location

Listing Courtesy of TOWN & COUNTRY REALTY,LLP
Add your commute

Building Information for 1568 East Grove Avenue

Stories-Residences1Year Built1964Lot Size3.57 AC / 155,438 SF

Payment Calculator

$2,574 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,047

Property Taxes

$528

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1568 East Grove Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 51-100 Spaces
  • Open Parking Spaces: 75.0
Location and General Information
  • Geographic Locale: Central Illinois
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Service - 201 to 600 Amps
  • Heat/Ventilation: Ceiling Units
  • Misc Inside: Accessible Washroom/s,Public Restroom/s
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
Utilities / Equipment
  • Utilities: Electric to Site, Gas to Site, Water to Site
Property/Lot Information
  • Tenant Pays: Varies by Tenant
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 349.85X444.3
  • Lot Size Square Feet: 155438.0
  • Stories: 2
  • Exterior Building Type: Steel Siding, Brick
  • Construction: Brick, Steel Siding
  • Roof Type: Composition, Metal, Rubber
  • Fire Protection: Fire Extinguisher/s,Sprinklers-Wet
  • Roof Structure: Flat,Pitched
  • Building Area Total: 32309
  • # Of Offices: 1
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
  • MRD_UNC: No
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2024-02-02T18:27:02
  • Photos Count: 27
Miscellaneous
  • Current Use: Commercial
  • Location: High Traffic Area
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 1
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Total Monthly Income: 0
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 1568 East Grove Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1568 East Grove Avenue

Taxable ValueLand$68,760Additions$104,960Total$173,720
Tax Record2022$18,340 ($1,528 / month)
Home Facts
Lot Size154,638 SqFtStyleMiscellaneous CommercialCountyCHAMPAIGNAPN200901126001

Schools near 1568 East Grove Avenue

This home is within Rantoul Township Hsd 193 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Pleasant Acres Elementary School
PublicPK to 5

J W Eater Jr High School
Public6 to 8

Rantoul Twp High School
Public9 to 12

St Malachy School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1568 East Grove Avenue is a mixed use property for sale in Rantoul, IL 61866. This property was listed for sale on January 30, 2024 by TOWN & COUNTRY REALTY,LLP, it's currently listed at $375,000. It has been on the market for a total of 88 days and was last sold on November 10, 2022. This listing's school districts are Rantoul Township Hsd 193 School District, Rantoul City School District 137. Nearby schools include Pleasant Acres Elementary School, J W Eater Jr High School and Rantoul Twp High School. 1568 East Grove Avenue is a 0-bed, 0-bath, mixed use property built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of TOWN & COUNTRY REALTY,LLP

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.