Established Bar and 2.66 Acres available for sale

23962 Stripmine Road Wilmington, IL 60481

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FOR SALE Incentives
Property Type:
Last Verified:
Jan 30, 2017

Area established bar available for sale with Real Estate. Located at NEC of Route 126 and Stripmine Road.

  • Approx. 2,500 SF bar
  • 2.66 Acre site
  • Heavy Parking
  • 5 Gaming Machines
  • 2 Pool Tables
  • 20 Stool bar 1/ 1 Tap - 5 Hightops - 10 Person Communal Table
  • Full Kitchen with Hood and Coolers
  • Back Up Generator
  • New Roof 2016
  • 2,350/4,200 VPD
  • Possible Re-Developement

Additional URLs

Map of 23962 Stripmine Road, Wilmington, IL, 60481, USA


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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.