Listing provided courtesy of RE/MAX of Rock ValleyMREDas Distributed by MLSGrid- MLS# 12547153
Images
Request Info12 Main StreetMount Morris, IL 61054
Commercial · 2,800 Sq. ft.$425,000
Active
12 Main Street Overview
- Time on Site:
- 166 days
- Visits:
- 1
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.
Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map
12 Main Street Facts & Features
- Type Commercial
- Sq. ft. 2,800
- Price/Sq.ft. $152
Details
General
Income/Expenses
- Operating Expense: 0
Business Information
- Business Type: Bar/Tavern/Lounge
Location/Region
- County Or Parish: Ogle
- MLS Area Major: Mount Morris
Rent/Lease Information
- Tenant Pays: Air Conditioning, Electricity, Heat, Taxes, Insurance, Repairs, Roof, Sewer
Tax Information
- Tax Annual Amount: $4,884.68
- Tax Year: 2024
General Information
- Parcel Number: 08274270170000
- Property Type: Business Opportunity
- Zoning: COMMR
Interior
Building Interior
- Building Area Total: 2800
General Information
- Cooling: Central Air
- Stories: 1
Unit Information
- Unit SqFt.: 2800
Exterior
Lot Information
- Additional Parcels: No
- Lot Size Dimensions: 52x80
- Lot Size Square Feet: 4160
Waterfront/View
- Waterfront: No
12 Main Street Neighborhood
Community
61054 (Mount Morris) Demographics
49
Median Age
92
Population Density (per sq. mile)
27%
College Educated
$47,083
Estimated Median Income
1,178
Estimated Total Home Owners
680
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.12 Main Street Monthly Cost
12 Main Street Market Data
Based on the last 30 days in this zip code
$149,307
Average List Price
$111
Average Price per Square Foot
7
Properties Sold
28
Average Days on Market
14
Properties for Sale
12 Main Street History
| Date | Value | Agent |
|---|---|---|
| 1/19/2026Source: MRED | Active |
|
| 1/14/2026Source: MRED | January 14, 2026 |