112 W Adams AvenuePrice Reduced

Altamont, IL 62411 · Altamont 1st Add · MLS #6257909

$619,000
Listed 167 days ago
Save
Acres
0.14
Type
CommercialSale
Status
Active

Luke's Bar & Grill in Altamont, Illinois, has established itself as a beloved community hub since 2000. Here's a closer look at what this cozy spot offers: ### Key Features - **Welcoming Atmosphere**: The bar and grill pride themselves on being family-friendly, making it an ideal place for locals and visitors alike. - **Delicious Offerings**: - **Food**: A menu featuring mouthwatering dishes that cater to various tastes. - **Drinks**: A selection of refreshing beverages to complement meals or enjoy in good company. - **Community Focus**: Emphasizing tradition and hospitality, Luke's has built a reputation as a hometown favorite. - **Private Bookings**: A private room is available for events such as parties, reunions, and other gatherings, providing a special setting for memorable occasions. - **Upstairs Apartment**: There’s an apartment above the restaurant, currently rented, which could be an additional income source or living space for staff. - **Recent Renovations**: - The roof has been recently renovated, ensuring the structural integrity of the building. - Most kitchen appliances have been replaced within the last five years, enhancing food preparation and service efficiency. - **Gaming Options**: The establishment offers gaming activities suitable for all ages, adding an extra layer of entertainment for patrons. ### Summary of Benefits - Ideal for families and community gatherings. - Strong local reputation with a commitment to quality food and service. - Opportunities for private events and a residential income stream. - 3% loan for $250000 available If you’re considering a visit or want to learn more, contact the listing agent and turn your investment dreams into reality.

Features

Electric Water HeaterOn StreetCentral AirElectric

Property Details

Price
$619,000
MLS #
6257909
Status
Active
Type
CommercialSale
Subtype
Business
Subdivision
Altamont 1st Add
Listed Date
Apr 8, 2026
Lot Size
6,098 sqft / 0.14 acres
Year Built
1900
County
Effingham
Zoning
COM
Parcel Number
0917010011

Interior

Above Grade Finished Area
0
Appliances
Electric Water Heater
Cooling
Central Air
Heating
Electric
Levels
Two

Exterior

Construction Materials
Brick
Foundation
Slab
Parking Features
On Street
Roof
Rubber
Stories
2
Sewer
Public Sewer
Water Source
Public

Payment estimate

Estimated monthly
$3,838/mo
$3,295 principal & interest$543 taxes

Estimate for planning only — actual payment depends on your loan. Talk to your lender.

Financial

Tax Year
2024
Taxes
$6,520

Location

See this listing

Ask a question or request a tour of 112 W Adams Avenue. We'll get right back to you.

Listed by C21 Realty Concepts · 217-342-6080. Want to see this property? Call Grissom Schmitz Realty at 217-562-7078.

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Disclaimer: All data relating to real estate for sale on this site comes from the Broker Reciprocity (BR) of the Central Illinois Board of Realtors. Detailed information about real estate listings held by brokerage firms other than Grissom Schmitz Realty include the name of the listing broker. Neither the listing company nor Grissom Schmitz Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. All properties are subject to prior sale, changes, or withdrawal.

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