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$295,000 Just Listed
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Property Description
This is a popular local bar with a steady and growing clientele known for being a good place to go for an inexpensive night out at an establishment that has all of the amenities one would expect from such a venue. There are video gaming machines that have been a strong revenue generator for ownership, pool tables, dart boards, numerous wall mounted TVs that cover a wide range of sporting events, upgraded kitchen area that has room to add incremental revenues with and expanded menus, fully equipped bar, plenty of parking and much more....Major upgrades include restrooms refreshed, interior & exterior building painting, kitchen plumbing upgraded, new bar flooring, electrical upgrades and more....Weekends are extremely popular when live bands perform.... The City and general area has many events throughout the year to attract visitors to the downtown area with the most significant being the traditional County Fair and other seasonal festivals. This establishment participates and significantly benefits economically from such events. Seller will offer options to qualified Buyers to enable ownership in this exceptional business opportunity. Motivated Seller.....
Full Property Details
Full Property Details for 48 Railroad St
General
- Price: $295,000
- Taxes: (2024)
- Status: Active
- Type: Business
- Source: MRED
- MLS ID: 12556596
- Updated: 1/28/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Bar/Tavern/Lounge
- Years in Business: 11 or More
- Seating Capacity: 100 or More
Interior
- Interior Features: Accessible Washroom/s, Private Restroom(s)
Location
- Area: Sandwich
- County: DeKalb
- Driving Directions: Confidential Listing...Located in downtown of Sandwich, IL....corner of Railroad & Wells Streets.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Utilities
- Water: Municipal Water
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected
Structural Information
- Construction: Brick, Other
- Exterior Const.: Brick, Other
- Roof: Membrane
- Stories/Levels: 0
- Square Feet: 4,400
- Current Bldg. Use: Commercial
Lot Features
- Frontage: City Street
- Potential Use: Commercial
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Electricity, Heat, Janitorial Service, Taxes, Insurance, Sewer, Gas
Disclosures and Reports
- Ownership: Corporation
Listed by Tri-County Property Management & Sales LLC
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Schools
Schools serving 48 Railroad St
School District:Sandwich Community Unit School District 430
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 48 Railroad St
Date
Details
Price
Change
Source
1/28/2026
Listed
$295,000
-10.06%
MLS
9/01/2024
Sold
$328,000
—
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 48 Railroad St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,603
3%
$113,338
12%
2023
$8,365
8%
$100,924
13%
2021
$7,742
1%
$89,069
1%
2020
$7,659
-1%
$88,004
3%
2019
$7,739
4%
$85,044
5%
2018
$7,476
4%
$80,649
6%
2017
$7,212
—
$76,394
6%
2016
$7,201
2%
$71,785
5%
2015
$7,094
1%
$68,490
1%
2014
$7,014
2%
$67,585
-3%
2013
$6,847
42%
$70,000
32%
2012
$4,823
—
$52,861
—
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 48 Railroad St
48 Railroad Street, Sandwich, IL 60548 (MLS# 12556596) is a Business property. 48 Railroad Street is currently listed for $295,000 and was received on January 28, 2026. Want to learn more about 48 Railroad Street? Do you have questions about finding other Business real estate for sale in Sandwich? You can browse all Sandwich real estate or contact a Coldwell Banker agent to request more information.

