Thome Homes
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https://www.ruhlmortgage.com/BlakeEller.html
Description
Excellent investment opportunity with this 8,000 square foot commercial property, currently operating as the Bradley American Legion. This income-generating asset offers a versatile layout designed to support multiple revenue streams, making it ideal for investors or owner-operators. The lower level features a full-service bar and commercial kitchen, providing a turnkey setup for food and beverage operations. The upper level includes a large event hall with an additional bar and kitchen, perfectly suited for private events, banquets, and rentals-offering strong potential for consistent event-based income. The property's dual-level configuration allows for simultaneous use, maximizing revenue opportunities and operational flexibility. With established infrastructure already in place, this building is well-positioned for continued use as a social club, event venue, or conversion to other commercial concepts. With 8,000 square feet of functional space and multiple income possibilities, this is a rare chance to acquire a high-potential asset with both immediate cash flow and long-term upside.
Property Highlights
Property Type: Commercial - Retail
Building Description: 2.0 stories
Year Built: 1941
General Information
County: Kankakee
Listed By:
Village Realty Inc.
708-946-1212
MRED MLS
MLS ID: 12570860
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835 W Broadway Street , Bradley, IL 60915.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $500,000 | $500,000 | $500,000 |
| Down Payment | $100,000 | $17,500 | $125,000 |
| Monthly Mortgage Amount | $2,366 | $2,865 | $3,039 |
| Taxes | $696 | $696 | $696 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $220 | $0 |
| Monthly Estimated Total | $3,208 | $3,927 | $3,881 |
Thome Homes
Caroline Thome & Michael Thome
Cell: (319) 363-5289
Licensed in IA
Cedar Rapids Office
5805 Council St. NE
Suite A
Cedar Rapids, IA 52402
(319) 373-7845
Suite A
Cedar Rapids, IA 52402
(319) 373-7845
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