531 S 7th Street

Rochelle, IL
$ 499,000 Beds 0 Baths 0 Sq 7,200 Virtual Tour
Monthly Estimate* How much can I afford?

Tremendous business opportunity in Rochelle! Salt 251 is a fully renovated restaurant, bar and banquet hall set on the beautiful Fairways golf course. Within the last three years, updates include an all new HVAC system, newly wired electric and gas lines. The bar has been completely redesigned and provides seating for 35+ people. the covered patios provide optimal outdoor seating with fairway views. A brand new commercial kitchen has also been installed with highlights including a brand new chef's hood with ambient air safety feature, new prep station and a new walk in freezer. The banquet hall holds over 200 people with the overflow seating of the patio and has been upgraded as well. Security & fire protection system upgrades, remodeled restrooms with high efficiency faucets, new flooring add to the list of desirables! This building has loads of potential and can be a true money maker with the right vision. Daily highway traffic count of 8,700. Call for a private tour today and put your money to work for you!

Commercial

  • Price
  • $ 499,000
  • Lot Size
  • Bedrooms
  • 0
  • Sqr Footage
  • 7,200
  • Full Bathrooms
  • 0
  • Year Built
  • 1980
  • Half Bathrooms
  • 0
  • City, Zip
  • Rochelle
  • Taxes
  • 6415
  • County
  • OGLE
  • Style
  • Area
  • Flagg Center - Hillcrest - Kings - Rochelle
  • MLS#
  • 10788299
  • Zip
  • 61068
Listing Provided by: RE/MAX of Rock Valley

Features

General

Property SubType Restaurant
Property Type Retail/Stores
Property Type Commercial Sale
Standard Status Active
Zoning RTAIL

Exterior Features

Building Area Total 7200
Lot Dimensions 15X183X105X120X104X127X198X143X175X2

Room Details

Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Loves Park, IL office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/20/2020 Listed $499,000

Property vs Zip Code Average in 61068

Price
AVG $250K
$500K
Taxes
AVG $5,038
$6,415
Visits
AVG 24
47
Year Built
AVG 1971
1980
Walkscore
AVG 62
50
Data Provided by Walkscore ® not using MLS data

Map

531 S 7th Street Rochelle, IL is a Single Family Home for sale at $499000 with 7200 sqft and a lot size of Acre(s). 531 S 7th Street Rochelle has 0 bedrooms, 0 baths and was built in 1980. The property's zip code is 61068 which is in Rochelle, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.