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12 Main Street Mount Morris, IL 61054

$425,000
Active / MLS# 12547153 / Commercial - Investment / Mount Morris
0 Beds
2800 SqFt

Exceptional opportunity to own both a thriving bar & grill business and the real estate in one turnkey package. This well established, local favorite is known for live music, great food, and cold beverages and already has events booked throughout 2026, providing built-in future revenue. Mullarkey's Bar & Grill was officially recognized as a Top 10 of 2025 Ogle County Award Winner in the Bar category. The sale includes all equipment and existing inventory, making this a seamless transition for a new owner. Additional income is generated through on site gambling machines. Patrons enjoy a fun, social atmosphere with dart boards, pool table, jukebox, and duck machine (all rented). Major updates have already been completed including: New roof in 2025. Furnace, A/C, and water heater in 2017. Electrical & plumbing updated in 2020. Whether you're an experienced business operator or looking to step into a profitable, fully equipped business, this property offers immediate cash flow, strong community presence, and room to grow. Don't miss this rare chance to own a proven entertainment destination with income, real estate, and future bookings already in place.

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Baird & Warner Jeffrey Schwartz Email

Property Details

Property Type: Commercial - Investment
Cooling: Central Air
Lot Size: 0.10 Acres
Stories: 1.0
Taxes: $4,884

Feature Descriptions

HVAC: Forced Air, Gas
Lot Dimensions: 52x80
Parcel#: 08274270170000
Parking: 51-100 Spaces
Tenant Pays: Air Conditioning, Electricity, Heat, Taxes, Insurance, Repairs, Roof, Sewer

Location

See details and scored characteristics about this location.

Listing Office: RE/MAX of Rock Valley

Listing Office Phone: 815-732-9100



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