$64,500

1229 N Lacon Hwy Unit 26 Lacon, IL 61540

Estimated payment $578/month

0.59 Acre
$109,322 Price per Acre
25,700 Sq Ft Lot

About This Lot

An excellent opportunity to own a fully operational 8-lane bowling alley located directly on Highway 26 in Lacon, IL. This large building boasts approximately 7,100 sq ft. This property includes all contents of the building like TVs, bowling balls, pins, and more - making it a true turnkey business opportunity. This piece of real estate has multiple potential revenue streams with the attached large bar in a separate area that could have separate operating hours. The bar has a gaming terminal setup! Currently there are gaming machines that create an additional revenue stream for the owner (the new owner will need to apply for a state gaming license). With great visibility and easy access, this location is ideal for investors, entrepreneurs, or community members looking to revitalize or repurpose a well-known local establishment. Whether you're continuing the bowling legacy or reimagining the space, the potential is wide open.

Listing Agent

Jacob Hofer

LandProz Real Estate LLC Listed on: 06/17/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,602

Lot Details

  • 0.59 Acre Lot

Property Details

Property Type

Land

Est. Annual Taxes

$2,602

Lot Details

0

Listing Details

  • HamletID: 0
  • LandFrontageInFeet: 0
  • LandRentAmount: 0
  • Lot Size Acres: 0.59
  • Number Of Stories: 0
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Lacon
  • Prop. Type: Vacant Land
  • PropertyZipCode: 61540
  • PropertyZoneType: 0
  • Renovation Year: 0
  • SForSaleAndRForRental: S
  • USStateAbbreviation: IL
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Fireplaces: 0
  • Number of Rooms: 0
  • AboveArea Sq Ft: 0

Garage/Parking

  • AttachedParking: 0
  • Numberof Garage Spaces: 0

Utilities

  • Utilities: 0

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 0
  • Total Taxes: 2602

Tax Info

  • Tax Year: 0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,603 $30,997 $3,433 $27,564
2023 $2,603 $30,997 $3,433 $27,564
2022 $3,069 $33,596 $1,934 $31,662
2021 $3,141 $33,596 $1,934 $31,662
2020 $3,126 $32,429 $1,867 $30,562
2019 $3,261 $32,429 $1,867 $30,562
2018 $3,291 $32,429 $1,867 $30,562
2017 $3,537 $33,091 $1,905 $31,186
2016 $3,537 $34,832 $2,005 $32,827
2014 -- $40,927 $2,111 $38,816
2013 -- $40,927 $2,111 $38,816
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 For Sale $64,500 -- --
Source: My State MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Similar Property in Lacon, IL

  • 1229 N Lacon Hwy Unit 26, Lacon, IL 61540

    $64,500

    • Land
    • 0.59 Acre
    • $109,322 per Acre
    • 1229 N Lacon Hwy
    • Unit 26
    • Lacon, IL

    An excellent opportunity to own a fully operational 8-lane bowling alley located directly on Highway 26 in Lacon, IL. This property includes all contents of the building like TVs, bowling balls, pins, and more - making it a true turnkey business opportunity. This piece of real estate has multiple potential revenue streams with the attached bar in a separate area that could have separate operating

    Jake Hofer

    Section Image

Source: My State MLS

MLS Number: 11519302

APN: 04-25-126-001