Online Auction
Commercial Real Estate and Contents
Online Bidding ONLY
Commercial building (Formerly Crabby’s Supper Club and the Glades) right next to the Carlinville Country Club. This property has been utilized as a restaurant and bar since the 1960's. This building sits on 1.96 acres and it is right off of Historic Route 66. This historic fine dining with a casual atmosphere restaurant has amazing views overlooking the 9th hole of Carlinville Country Club. This restaurant is full of rich history and has been operating since the late 1960‘s. Multiple purchase and or lease options available. This establishment is being sold as a turnkey family owned business with a 2016 projected gross income of near $500,000. You would be buying the property and everything inside the establishment, but not the decor. The current owner is keeping the decor. The restaurant and bar sits on 1.96 acres which gives the new owner plenty of room for expansion. The restaurant is in Carlinville city limits with city water and sewer.
The sale would consist of the following:
Dining
Bar Area
- Point of Sale System, totaling 3 screens
- 4 Televisions throughout the restaurant and bar
Kitchen
Seating Capacity
- Trophy room 30 people comfortably
- Bar area 16 people comfortably
- Dining room 70 people comfortably
- Banquet 75 people comfortably
Spent approximately $100,000 on improvements
Don’t miss out on this incredible opportunity to own a historic restaurant and bar off of Historic Route 66 and right next to Carlinville Country Club. For more details and to setup a private showing Contact the Auctioneer’s. Terms and Conditions: 10% down at close of auction. Balance due and possession at closing on or before Friday, September 21, 2018. Buyer will be required to enter into a written contract at the close of the auction. Lange Title Records Co Inc 130 East 1st South Street # 1 Carlinville, IL 62626 will handle all title work and closing. Real Estate sold “AS IS”, no warranties either expressed or implied. Real Estate taxes will be pro-rated up to time of closing. Have all financial arrangements and inspections made prior to bidding.
Auction Terms & Conditions 10% down at close of auction. Balance due and possession at closing on or before Friday, September 21, 2018. Buyer will be required to enter into a written contract at the close of the auction. Lange Title Records Co Inc 130 East 1st South Street # 1 Carlinville, IL 62626 will handle all title work and closing. Real Estate sold “AS IS”, no warranties either expressed or implied. Real Estate taxes will be pro-rated up to time of closing. Have all financial arrangements and inspections made prior to bidding.
Commercial Real Estate Online Auction Online Auction Only Online Bidding Commercial building (Formerly Crabby’s suppe...