2973 Illinois 71

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2973 Illinois 71

Ottawa, IL 61350
Asking Price
$1.65M
Cap Rate
6.76%
Asset Type
Restaurant Retail
Class
Class B

What's Special

Flourishing Restaurant with Acreage | 6.76% CAP | 15,384 SqFt over 3 Buildings <ul><li>​Hospitality-focused configuration optimized for guest comfort</li><li>​Flexible interior footprint supports multiple room mix schemes</li><li>​Circulation encourages efficient traffic and positive guest flow</li><li>​Ideal for investors seeking a stabilized hospitality investment</li></ul>

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NOI
$80,000
Cap Rate
4.85%
DSCR
0.82
Underwater
Cash-on-Cash
-3.63%
Monthly Payment
$8,163.3
Annual Cash Flow
$-17,959.597

Location & Travel Times