Willy’s Pub & Grub Auction2404 W. St. Louis Ave. (Rte 140)
Vandalia, IL
“ONLINE BIDDING ONLY”
ENDS: Thurs. March 28 @ 6:00 P.M.
OPEN HOUSE: Mon. March 18 & 25, 1:00-2:00 P.M.
REAL ESTATE: (Bar-Grill-Gaming)
Turn key operation! Open Daily!
Building, Equipment, Fixtures & All Inventory.
Approx. 3,600 sq ft Building
Bar Area w/ like new equipment, Dining Room, Stage w/ Dance Area, Men & Women’s Restrooms (updated & clean), Gaming Room, Kitchen- fully equipped w/ like new equipment, office w/ TV for security system, Portable Shed behind building for smoking area.
Building has natural gas forced air furnace & central air conditioning, asphalt shingled roof, front enclosed foyer.
Situated on 3/4 + acre land (0.86)
Front & Rear Parking.
*Monthly Expense:
Electric- $650-1,000
Gas-$150-200
Insurance- $354.91
Dumpster- $116.50
Internet- $133.32
TV- $194.99
*Gaming Income 2023
$55,447.27 (public knowledge under Illinois gaming)
$3,171.00- pool table, juke box & dart machine
(All gaming equipment owned by J & J Equipment)
*Real Estate Taxes:
$1,321.80
PIN: 18-14-18-477-004
TERMS & CONDITIONS:
10% down at close of auction. Balance due and possession at closing on or before Mon. April 29, 2024. Buyer(s) will be required to enter into a written contract at the close of the auction. Advanced Title Group of Taylorville, IL will handle all title work and closing. Real Estate sold “AS IS”, no warranties either expressed or implied. Real Estate taxes will be pro-rated up to time of closing. Have all financial arrangements and inspections made prior to bidding. Estate reserves the right to accept or reject any or all bids. A Five (5) percent buyers premium will apply to the high bid to establish a contract bid.
AUCTIONEER’S NOTE:
Here is a very nice clean operation. Majority of equipment is next to new. Building has been well maintained w/ many updates.
This is a must see commercial real estate auction. Great Investment!
Great Income! Good Location that is annexed into city of Vandalia.
Mark your calendar and plan to attend open house.
-CORY
