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10 E Hitt Street Mount Morris, IL 61054 • Commercial - Investment • Active

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Description

Are you ready to jump into the restaurant business? Look no further, this turnkey operation could be yours!!! The Peppermill restaurant is selling both business and building after 30 successful years of operation. The current owners have built a strong customer base, friendly atmosphere at a great location. The Peppermill offers a bar on the left side of the business with over 20 bar stools, seating for over 100 guests in the building and adequate amount of parking. Current owners are willing to train and guide you to maximize your investment and produce a cash flowing business of your own. This sale includes all equipment and inventory for a smooth transition. Set up your showing today, don't miss out this great opportunity!

Property Highlights

Property Type: Commercial - Investment
Building Description: 1.0 stories

General Information

County: Ogle
Listed By:
HomeSmart Connect, LLC. 847-495-5000
MRED MLS
$399,000
Est. $2,534/mo
Active
SQUARE FEET4,400 MLS#12383472
STATUSActive PROPERTY TYPECommercial - Investment
TOUR PROPERTY

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Shown By

Jeff Dellitt
 (563) 343-1028

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10 E Hitt Street, Mount Morris, IL 61054.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $399,000$399,000$399,000
Down Payment $79,800$13,965$99,750
Monthly Mortgage Amount $1,863$2,286$2,386
Taxes $555$555$555
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$175$0
Monthly Estimated Total $2,534$3,132$3,057

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/04/2026. The listing information on this page last changed on 03/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 03/04/2026 12:17:42 AM EST) or MRED MLS (last updated Wed 03/04/2026 12:11:50 AM EST) or SCWMLS (last updated Tue 03/03/2026 11:54:38 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Tue 03/03/2026 10:15:25 PM EST) or Cedar Rapids MLS (last updated Tue 03/03/2026 10:44:16 PM EST) or NEIRBR MLS (last updated Wed 03/04/2026 12:08:41 AM EST) or ICAAR MLS (last updated Tue 03/03/2026 11:37:36 PM EST) or ECIMLS (last updated Tue 03/03/2026 11:44:17 PM EST) or RMLSA (last updated Wed 03/04/2026 12:10:54 AM EST) or Muscatine MLS (last updated Wed 03/04/2026 12:15:23 AM EST) or No Coast MLS (last updated Wed 03/04/2026 12:14:19 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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