Shelly Phares
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
Located in the heart of charming Utica, Illinois and just minutes from Starved Rock State Park, Canal Port offers a rare opportunity to own an established restaurant in one of the area's most visited tourist destinations. Positioned along the historic Illinois & Michigan Canal, this well-known property benefits from strong local support and a steady flow of visitors throughout the year. The restaurant features a welcoming dining area, a fully equipped commercial kitchen, and an inviting atmosphere that has made it a favorite gathering place for locals and travelers alike. Whether you're an experienced restaurateur looking to expand or an entrepreneur ready to step into a thriving hospitality business, Canal Port provides the perfect foundation. Utica continues to grow as a destination for outdoor recreation, weekend getaways, and tourism, with attractions including Starved Rock State Park, Matthiessen State Park, Buffalo Rock State Park, and nearby wineries and festivals. Opportunities to own a recognizable restaurant in this highly desirable location are few and far between. Bring your vision, continue its legacy, or create something entirely new in one of northern Illinois' premier tourism markets. Schedule your private showing today and discover the possibilities Canal Port has to offer.
Property Highlights
Property Type: Commercial - Investment
Building Description: 1.0 stories
General Information
County: LaSalle
Listed By:
Row House Realty Group LLC
815-579-9314
MRED MLS
MLS ID: 12777336
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148 Mill Street, Utica, IL 61373.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $878,000 | $878,000 | $878,000 |
| Down Payment | $175,600 | $30,730 | $219,500 |
| Monthly Mortgage Amount | $4,673 | $5,736 | $5,691 |
| Taxes | $1222 | $1222 | $1222 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $527 | $0 |
| Monthly Estimated Total | $6,151 | $7,741 | $7,169 |
Shelly Phares
REALTOR®
Cell: (309) 269-2669
Licensed in IL & IA
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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