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1568 E Grove Avenue, Rantoul, IL 61866
$375,000
1568 E Grove Avenue, Rantoul, IL 61866View this property at 1568 E Grove Avenue, Rantoul, IL 61866
1568 E Grove AvenueRantoulIL61866
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Property Description
Welcome to Ruger's Bowling Alley - Where Entertainment Meets Opportunity! This impressive 32,000-square-foot facility offers a thriving business that blends classic bowling fun with modern amenities and has the potential to be so much more!!! Situated in a prime location, this establishment is not just a bowling alley; it's a diverse entertainment hub with numerous revenue streams. Enjoy 14 bowling lanes, perfect for casual games, all-ready set and active leagues, and tournaments. The lanes are well-maintained and provide a fantastic experience for bowlers of all skill levels. Dive into the world of gaming machines that add an extra layer of excitement. The bar and lounge area have been tastefully updated, providing a trendy space for patrons to unwind. With six recently remodeled ADA-compliant bathrooms, your venue is accessible to everyone, ensuring a welcoming and inclusive environment. Explore the potential of four dedicated rooms that can be rented for birthday parties or utilized as offices, providing additional revenue streams. With some upgrading the snack bar would ensure guests are well-fed, enhancing their overall experience and generating additional income. Benefit from the expansive 2,000-square-foot banquet room, ideal for private events. Consider transforming it into an arcade or batting cages to appeal to sports complex families looking for entertainment while waiting for their next games. Take advantage of the 2-bedroom, 1 full-bath apartment on-site, generating additional income and providing convenient living quarters for owners or staff. This is not just a bowling alley; it's an entertainment destination with multiple revenue streams. Whether you're a seasoned business owner or an aspiring entrepreneur, Ruger's offers an exciting opportunity to own a thriving establishment with limitless potential. Don't miss out - make this diverse entertainment hub yours today!
Full Property Details
Full Property Details for 1568 E Grove Ave
General
- Price: $375,000
- Taxes: $6,334 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 11969809
- Updated: 4/17/2024
- Added to Site: 94 day(s) ago
Interior
- Interior Features: Accessible Washroom/s, Public Restroom(s)
Additional Information
- Security/Safety: Fire Extinguisher(s), Sprinklers (Wet)
Parking
- Parking Features: 51 to 100 Spaces
Location
- Area: Dewey / Fisher / Flatville / Foosland / Gifford / Ludlow / Penfield / Rantoul / Thomasboro
- County: Champaign
- Township: Rantoul
- Driving Directions: From I-57 exit 250- head East through town. The property is on the very East side of town on the South side of the road.
- Location Details: Central Illinois, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Ceiling Units
Utilities
- Onsite: Electricity to Site, Gas to Site, Water to Site
Structural Information
- Construction: Brick, Steel Siding
- Exterior Const.: Steel Siding, Brick
- Roof: Composition, Metal, Rubber
- Stories/Levels: 2
- Square Feet: 32,309
- Current Bldg. Use: Commercial
- # of Stores: 1
- Year Built: 1964
- Built Before 1978: Yes
Unit Information
- # Tenants: 1
Lot Features
- Lot Size (Sq. Ft.): 155,438
- Lot Dimensions: 349.85 x 444.3
- Zoning: COMMR
Financial Considerations
- Security Deposit: Fire Extinguisher/s, Sprinklers-Wet
- Assessment Year: 1964
- Tax Amount: $6,334
- Tax Year: 2022
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Property ID: 200901126001
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Schools
Schools serving 1568 E Grove Ave
School Districts:Rantoul Township High School District 193, Rantoul City Sd 137
Rating | Name | Grades | Distance |
---|---|---|---|
1625 Short St, Rantoul, IL 61866 | PK-2 | 0.4 mi | |
400 E Wabash Ave, Rantoul, IL 61866 | 6-8 | 1.2 mi | |
200 S Sheldon St, Rantoul, IL 61866 | 9-12 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1568 E Grove Ave
Date
Details
Price
Change
Source
1/30/2024
Listed
$375,000
108.33%
MLS
11/10/2022
Sold
$180,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1568 E Grove Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$18,340
4%
$173,720
7%
2021
$17,570
8%
$162,200
3%
2020
$16,279
4%
$156,720
4%
2019
$15,610
-6%
$150,550
5%
2018
$16,593
—
$142,840
3%
2017
$16,661
2%
$138,820
—
2016
$16,332
1%
$138,820
—
2015
$16,247
2%
$138,820
—
2014
$15,976
1%
$138,820
-2%
2013
$15,886
5%
$141,950
—
2012
$15,112
—
$141,950
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1568 E Grove Ave
1568 E Grove Avenue, Rantoul, IL 61866 (MLS# 11969809) is a Commercial property. 1568 E Grove Avenue is currently listed for $375,000 and was received on January 30, 2024. Want to learn more about 1568 E Grove Avenue? Do you have questions about finding other Commercial real estate for sale in Rantoul? You can browse all Rantoul real estate or contact a Coldwell Banker agent to request more information.