$425,000
( $151.79Per Sq Foot )
 $2,281 est/mo Sourced by Back At You

12 Main Street,Mount Morris, IL 61054

Mount Morris, IL 61054

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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.

Details

MLS #12547153
Listing TypeFor Sale
StyleBus / Bus W/real Est
Sub-TypeResale
StatusActive
Days On Site234
Listing Provided ByRE/MAX of Rock Valley | Ashley Patterson

Features

SQ Feet2,800
Story(s)1
ZoningCOMMR
Acreage0.10

Interior

CoolingCentral Air

Taxes

Tax Year2024
Tax Annual Amount4884.68

Area Information

StateIL
CountyOgle
CityMount Morris
Zip Code61054
AreaMount Morris
Listing VS Median (in 61054)
Price:
$425,000
low | high
Med:
$195,000
100% of Average
sqft:
2,800
low | high
Med:
1,213
100% of Average
$ / sqft:
$152
low | high
Med:
$161
44.088550506765% of Average
On site:
234
low | high
Med:
45
100% of Average
Sourced by Back At You

Market Activity 61054

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Contact

Learn More About This Property

Daniel and Associates Real Estate

Daniel and Associates Real Estate

 (630) 231-8090daareoffice@daare.com
StateIL
CountyOgle
CityMount Morris
Zip Code61054
AreaMount Morris
Listing VS Median (in 61054)
Price:
$425,000
low | high
Med:
$195,000
100% of Average
sqft:
2,800
low | high
Med:
1,213
100% of Average
$ / sqft:
$152
low | high
Med:
$161
44.088550506765% of Average
On site:
234
low | high
Med:
45
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $318K - $531K
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
109 W Main Street Property Photo 1
$220,000
109 W Main Street
Mount Morris, IL 61054
5 E Lincoln Street Property Photo 1
$225,000
5 E Lincoln Street
Mount Morris, IL 61054
Listing Updated: July 9, 2026 at 12:08:29 PM PDT
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