945 1st Street,Lasalle, IL 61301
Lasalle, IL 61301
Description
Unlock the potential with this unique mixed-use investment opportunity in the heart of LaSalle. Docs Pub, located at 945 1st Street, offers multiple income streams and significant value-add potential for investors or owner-operators looking to maximize returns. The main level features an established bar with a spacious 17x40 layout, highlighted by durable stainless steel countertops and an inviting atmosphere, plus an adjoining 15x18 game room that creates additional entertainment space. A former kitchen area offers the opportunity to restore food service, opening the door to expanded business operations and increased revenue. Upstairs, a spacious two-bedroom, one-bath apartment with a living room, dining room, and kitchen is currently leased, providing immediate rental income while offsetting operating expenses. The business currently operates with three gaming machines and offers the potential to expand to six, creating an excellent opportunity to increase cash flow. Included in the sale is an additional parcel (separate PIN) featuring outdoor space ideal for a beer garden, patio, live entertainment venue, food truck events, or other creative concepts that can further elevate the property's earning potential. Whether you're an experienced investor seeking a cash-flow opportunity, an entrepreneur looking to grow an established business, or someone with a vision for redevelopment, this property offers exceptional flexibility and room for future growth. With existing rental income, expansion opportunities, and additional outdoor space ready for your ideas, the possibilities are endless.
Details
| MLS # | 12143970 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 0 |
| Days On Site | 744 |
| Listing Provided By | Coldwell Banker Real Estate Group | George Shanley |
Features
| SQ Feet | 2,800 |
|---|---|
| Story(s) | 2 |
| Units | 2 |
| Zoning | COMMR |
Interior
| Cooling | Central Air |
|---|
Exterior
| Roof | Rubber |
|---|
Utilities
| Electric | Service - 101 to 200 Amps |
|---|
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 1522.46 |
Area Information
| State | IL |
|---|---|
| County | LaSalle |
| City | Lasalle |
| Zip Code | 61301 |
| Area | Dimmick | LaSalle |
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Learn More About This Property
| State | IL |
|---|---|
| County | LaSalle |
| City | Lasalle |
| Zip Code | 61301 |
| Area | Dimmick | LaSalle |
