Back to searchdwelloSaveShareHideMore
Price cut: $30,000
View all 36 photos
Mixed Use · Bowen, IL
$90,000$120,000
beds · baths
120 E 5th Street, Bowen, IL, 62316
A brick-and-mortar place to make your own — room to make it home.
Active

What’s special

0.40-acre lot
Looking for a commercial venture with the potential for additional growth?? With some renovations and updates, this property has the potential for quite a bit of additional rental income. Formerly operated as "Rally Point Bar & Grill" in Bowen, this commercial property includes 11,802 square feet to include a restaurant, bar, large commercial grade kitchen, multiple storage rooms, & up to 5 apartments available. This was a casual, family-friendly bar and grill that previously offered food, beverages, alcohol, gaming, and more. There are 2 parcels included with the sale. All business personal property and kitchen equipment will convey - a list of those are available upon request. This inventory includes a walk-in cooler, 3 big screen TVs, pizza oven, and so much more!! With some renovations, the apartment section could include more units &/or rentable rooms., Office SQFT M/L: 0, Retail SQFT M/L: 0, Manufacturing SQFT M/L: 0, Other SQFT M/L: 8052, Warehouse SQFT M/L: 0, Restaurant SQFT M/L: 3750, HiSpd Intrnt Fiber Avail
— the listing agent’s description

The home

Built in 1915
0.40-acre lot
Mixed Use

What it’ll cost

$3,936 taxes / yr
No HOA
Listed $120,000
Now $90,000
337 days on dwello

Estimated monthly payment

$833/mo
Principal & interest$479
Property taxes$328
Homeowners insurance$26
Get pre-qualified →Connect with a licensed lender in the dwello network.
Estimate only — not a loan offer. Example rate; taxes and insurance estimated; your actual rate, payment, taxes, and insurance will vary. dwello is not a lender. Equal Housing Opportunity.
Tour it with a real dwello agent
The agent who meets you here is an actual dwello Home Group team member who knows these streets — not a stranger who bought your name from a portal. You get straight answers on the spot, and the same person stays with you through closing.
On our team, vettedYour info is never soldWith you through closing

Tour this home

In person, on your schedule — a dwello agent meets you there.
WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
Schedule a tour
337 days on dwello
Price history
Price reduced
Aug 12, 2026
↓ $30,000$90,000
Listed for sale
Sep 15, 2025
$120,000
Now $30,000 below the original list price.
Property taxes
2025
Annual tax bill (MLS)
$3,936/yr
From county records — verify with the assessor.

Features

Brick
Neighborhood
Loading map…
Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Brenda Young · Brenda Young Real Estate
Listing last updated Aug 12, 2026 · data refreshed from the MLS Aug 12, 2026, 5:07 AM CT
Based on information submitted to the MLS GRID as of Aug 12, 2026, 5:07 AM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
See it in personA real dwello agent on our team — never a sold lead.
Schedule a tour Message
No pressure — reach out whenever you’re ready.
MessageSchedule a tour