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2973 N Il Route 71
Ottawa, IL 61350

$1,650,000 USD

Restaurant For Sale  •  15,384 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 15,384 SF
  • Lot Size 8.37 AC
  • Building Class C
  • Year Built 1900
  • Tenancy Single
  • Zoning D
10 Walk Score

Description

Positioned right off Route 71 and minutes from I-80, you aren't just buying real estate; you are inheriting an 80-year legacy of hospitality and a front-row seat to millions of annual regional tourists.  This property features 8.37 acres of improved land with 9,984 sf established supper club style restaurant, a 3,600 sf retail store, and a 1,800 shop on the parcel - along with a pond.  Within Ottawa's city limits, the property is eligible for EZ benefits and some city utilities.   The original 2-story barn houses much of the main restaurant and dining areas, lobby/foyer, raised floor bar area, kitchen and prep areas and back office space. There are 2 ADA restrooms on the 1st floor and 2 smaller restrooms on the 2nd floor in the banquet room. A newly installed outdoor 560 sf covered patio offers scenic views of the property and is right off of the bar and lobby areas. With seating for a comfortable 160 in the main dining areas, the upstairs banquet area hosts another 120 guests, offers a wet bar, a 2nd kitchen, fixed salad bar/buffet and small dance floor.  The large, fixed salad bar/buffet that makes Hank's unique is located just off of the kitchen in the main dining area. Seating includes flexible table options and booths throughout.  The main kitchen features a large walk in fridge and walk-in freezer while the back storage areas include a back office, employee restroom additional office restroom, loading dock, and laundry dock.  Many recent upgrades in 2020 include new AC units, new windows on both floors, new flooring in the main floor, front foyer upgrades and the new outdoor patio.  With the thoughtful decor, lighting, and gift items - you're sure to enjoy a unique dining experience in the gateway to Starved Rock.

Highlights

Hospitality-focused configuration optimized for guest comfort
Enterprise Zone benefits and within Ottawa city limits

Property Flyers

Amenities

  • Conferencing Facility
  • Restaurant
  • Wheelchair Accessible
  • Monument Signage

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 116
Type: Surface
Included in Rent: Yes
Leah Erickson 815-780-7952 Coldwell Banker Commercial Real Estate Group
Leah Erickson 815-780-7952 Coldwell Banker Commercial Real Estate Group