Date
Details
Price
Change
Source
1/14/2026
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$425,000 Just Listed
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Property Description
Exceptional opportunity to own both a thriving bar & grill business and the real estate in one turnkey package. This well established, local favorite is known for live music, great food, and cold beverages and already has events booked throughout 2026, providing built-in future revenue. Mullarkey's Bar & Grill was officially recognized as a Top 10 of 2025 Ogle County Award Winner in the Bar category. The sale includes all equipment and existing inventory, making this a seamless transition for a new owner. Additional income is generated through on site gambling machines. Patrons enjoy a fun, social atmosphere with dart boards, pool table, jukebox, and duck machine (all rented). Major updates have already been completed including: New roof in 2025. Furnace, A/C, and water heater in 2017. Electrical & plumbing updated in 2020. Whether you're an experienced business operator or looking to step into a profitable, fully equipped business, this property offers immediate cash flow, strong community presence, and room to grow. Don't miss this rare chance to own a proven entertainment destination with income, real estate, and future bookings already in place.
Full Property Details
Full Property Details for 12 Main St
General
- Price: $425,000
- Taxes: $4,884 (2024)
- Status: Active
- Type: Business
- Source: MRED
- MLS ID: 12547153
- Updated: 1/14/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Bar/Tavern/Lounge
- Years in Business: 4 to 6 Yea
Location
- Area: Mount Morris
- County: Ogle
- Driving Directions: From RT 64, go South on N Wesley Ave, go right on W Main St, property is on your right.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Stories/Levels: 1
- Square Feet: 2,800
Lot Features
- Lot Size (Sq. Ft.): 4,160
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 52 x 80
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $4,884.68
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Electricity, Heat, Taxes, Insurance, Repairs, Roof, Sewer
Disclosures and Reports
- Property ID: 8274270170000
Listed by RE/MAX of Rock Valley
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Listing agent
— 12 Main St —
RE/MAX of Rock Valley
NMLS#: 1598647
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Schools
Schools serving 12 Main St
School District:Oregon Community Unit School District 220
| Name | Grades | Distance |
|---|---|---|
Oregon Elementary School 1150 Jefferson Street, Oregon, IL 61061 | PK-6 | 5.3 mi |
David L Rahn Junior High School 105 West Brayton Road, Mount Morris, IL 61054 | 7-8 | 0.3 mi |
Oregon High School, Oregon, IL 210 South 10th Street, Oregon, IL 61061 | 9-12 | 5.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12 Main St
Tax History
Tax History for 12 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,735
9%
$38,513
9%
2023
$3,424
11%
$35,428
17%
2021
$3,078
-6%
$30,154
-7%
2022
$3,275
13%
$32,536
16%
2020
$2,910
5%
$28,071
6%
2019
$2,761
8%
$26,607
6%
2018
$2,547
—
$25,101
—
2017
$2,556
—
$25,101
—
2016
$2,557
-1%
$25,101
—
2015
$2,576
2%
$25,101
—
2014
$2,536
-2%
$25,101
-7%
2013
$2,600
—
$26,866
—
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 12 Main St
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- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,853Sq. Ft.
- Single Family
- Active
- Updated 8 hours ago
- 3Beds
- 2Total Baths
- 2,018Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 1Total Bath
- 1,222Sq. Ft.
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- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 3Total Baths
- 2,724Sq. Ft.
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12 Main Street, Mount Morris, IL 61054 (MLS# 12547153) is a Business property. 12 Main Street is currently listed for $425,000 and was received on January 14, 2026. Want to learn more about 12 Main Street? Do you have questions about finding other Business real estate for sale in Mount Morris? You can browse all Mount Morris real estate or contact a Coldwell Banker agent to request more information.