This 2,382 sq. ft. building currently houses an established restaurant, located in historic Palestine, IL. All restaurant operating equipment to remain with the property. Great extra income producing potential & business opportunity!
START: 9/24/2019 2:41 PM END: 10/14/2019 6:00 PM
LOCATION: Palestine, IL
AUCTION TYPE: Real Estate
Online Auction, soft closing begins, 10-14-19, 6:00 P.M. CST Property and contents to sell together, as a business. Property subject to sell prior to close of the auction.
Real Estate: 212 S. Main St., Palestine, IL Commercial property, currently Peg' N Red's restaurant
Inventory: Fridgidaire refrigerator/freezer, 18 cu. ft., model #FRT18L4JW3; J.J. Connelly commercial food warmer, model #BW-1A; Manitowac ice maker, model # 3WLBOR; Star Mfg. International warmer, model #3WLBOR; 5' Stainless steel table; Network DVR security, 4 cameras, Dell monitor; Frigidaire freezer, 18.2 cu. ft.; Waring countertop deep fryer, 8.5 lb. model #WDF75RC; Citation freezer, 9.9 cu. ft.; Sentry security safe model #X041E; Whirlpool freezer, 20 cu. ft model #EH100FXAN00; Hamilton Beach 3 spindle, drink mixer, with 12 metal cups model #941-1; Masterbilt ice cream freezer model #DD46, 8 storage compartments for 4, 3 gallon containers; Black & Decker refrigerator, 4.52 cu. ft., model #BCF465; Bunn coffee maker model # VPTBLK; Casio cash registers model # PCRT2100 & #PCRT2000; Neon Coke clock; 1940's red formica, chrome table, 6 chairs; 1950's red & white formica, chrome table, 6 chairs; (2) black formica, chrome trim, 30″ x 60″ tables; (4) red & white, leather, 4' booths; Wooden table, 6 chairs; (2) high chairs, wooden; Booster chair; 6' glass display case; 5' glass display case; 4' warmer tray, 20″ wide; 6' wooden case with assorted ice cream dishes & glasses; Cannon printer; Charley Inc. built PC; Flat screen monitor; Epson receipt printer model #M59540; Neon ice cream sign; Neon open sign; Assorted retro decor; (6) metal folding chairs; Koblem 2 “The Cleaning Machine” 1100 rpm buffer; 2 bulb heat lamp; Samsung tablet model #CEO168; (6) 3 drawer, wooden, 30″ cabinet; Patio pub table, 4 chairs; Server products Inc. warmer model # LFSP81300; (2) Heated lamp warmers; Crock pots; Panini Griddle; Griddle
Investment & Income
Businesses for Sale
Restaurant & Bar
AUCTIONEER: Billy Burke
Real Estate Terms: 10% down day of sale non-refundable escrow. Closing to occur as soon as necessary documents are prepared or 45 days after sale. Please make financial arrangements prior to sale. All information provided is from deemed reliable sources, but not guaranteed. Buyers relying on such information are urged to inquire about said property on their own. Subject to sell prior to auction end date.