501 State StRockford, IL 61104

This exceptional turnkey restaurant and building opportunity is located in the heart of downtown Rockford, Illinois, at 501 E State St, zip code 61104. The property boasts 2,838 square feet of space within a single-story, 1900-built building. The sale includes the established business, all existing equipment, and the real estate itself, presenting a unique chance for aspiring restaurateurs. The restaurant features a large, fully equipped bar (separate sale of existing liquor inventory at closing), ample seating for over 120 patrons, and gaming/slots. Recent improvements include a newer roof, updated bathrooms, and overhead doors enabling open-air dining, enhancing the property's appeal and functionality. The asking price for this remarkable opportunity is $499,900. The current owner is offering a 30-day consultation period to ensure a seamless transition for the new owner, including maintaining the existing phone number and sharing recipes. This prime location on a busy corner in downtown Rockford offers significant potential for growth and success. The property is situated in Winnebago County.