Eco Friendly
Address
2561 County Line Road Algonquin, IL
Price
$ 1,199,000
Property Attributes
  • MLS#10840907
  • TypePending
  • CountyKANE
  • CityAlgonquin
  • AreaAlgonquin
  • Zip60102
  • StyleBar/Tavern/Lounge,Food & Beverage,Restaurant
  • Taxes$ 33139
  • Price$ 1,199,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7470
  • Lot Size1.36 Acres
Listing Provided Courtesy Of:
Premier Commercial Realty
Data Source:
Midwest Real Estate Data (MRED) - 103 - IL
Property Description

Amazing Turnkey Restaurant Opportunity in Great Location: 7,470 SF free standing, 260 seat bar/restaurant currently with Mexican motif. 62 parking spaces plus cross parking easement for additional spaces. This is an asset sale with tremendous visibility as an outlot to Algonquin Commons. Restaurant is in extremely strong trade area. The shopping center anchoring the Randall Road Corridor includes Nordstrom Rack, Dicks Sporting Goods, Trader Joes, Old Navy, DSW and more. Highly visible on the west side of Randall Road with over 40,000 vehicles passing per day. Fully functional and will be sold with all FF&E in place, including over $100,000 of business equipment including 2 hoods and walk in cooler/freezers. Seller might consider lease with option to purchase as well. Seller has license for video gaming.

Price History
8/31/2020 Listed $1,290,000
6/3/2021 8% - $1,199,000

General Features

Additional Parcels Y/N No
Business Type Bar/Tavern/Lounge, Food & Beverage, Restaurant
City Algonquin
Cooling Central Air
County Kane
Current Use Commercial
Days on Market 318
Directions I-90 to Randall Road. North on Randall to County Line Road
Electric Over 600 Amps, Three Phase
Lease Type N/A
Lot Size Square Feet 59145
MLS Area Algonquin
Ownership Type LLC
Possession Closing
Possible Use Commercial, Liquor License, Retail, Special Use, Other
Property Type Bus / Bus w/Real Est
Property Type Business Opportunity
Roof Other
Standard Status Pending
Status Pending
Stories 1
Street Name County Line
Tax Annual Amount 33139
Tax Year 2020
Tenant Pays Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Roof, Scavenger, Structure, Sewer
Utilities Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal
Zoning RTAIL

Interior Features

Street Suffix Road

Exterior Features

Building Area Total 7470
Lot Dimensions 141'X 415' X141'X 413'
Total Parking 62
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 60102

Price
AVG $400K
$1.2M
Taxes
AVG $11,213
$33,139
Visits
AVG 66
237
Walkscore
AVG 27
50
Data Provided by Walkscore ® not using MLS data

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