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0 Beds
2,800 sqft

$164,900

945 1st Street, La Salle IL, 61301

Price per sqft$58.89
Property size2,800 sqft
Property typeOther
Listed by George Shanley with Coldwell Banker Real Estate Group 815-228-1859

Overview

Active

Listed Aug 21, 2024

Updated 2 weeks ago

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.

$1,097/mo

Est. mortgage payment based on a $164,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12143970

Interior Features

Bedrooms
0
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Taxes
$1,522
Tax Frequency
Annually
MLS provider logo

Listed by George Shanley with Coldwell Banker Real Estate Group 815-228-1859

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Catherine Holbrook are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Data is refreshed every 3 hours. Listing last updated 3:11 AM UTC on 9/25/2026. 

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