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    1130 S Main Street

    Algonquin, IL 60102
    • $849,000
    • STATUS: Active
    • ON SITE: 398 days
    • MLS #: 10554916
    UPDATED: 34 min ago
    $849,000
    • 0
      BEDS
    • 0.36
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,407
      SQFT
    • $115
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    7,407 SF Sports bar / restaurant seats total of 275 (with pool tables removed). 15 flat screens & several leased pool tables, video gaming (see full list of furniture, fixtures and equipment). Established 33 years. Prime location on the corner of Edgewood Road and Route 31 with 18,100 daily traffic counts. Motivated seller ready to retire. Owner also owns 5 vacant lots across the street for potential additional parking that are offered for sale separately for $155,000 (see MLS #10731917).

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2020-11-24T20:51:58.79 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    1130 S Main Street Algonquin, IL 60102

    • Price: $849,000
    • Status: Active
    • Updated: 34 min ago
    • MLS #: 10554916
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.36
    Acres
    7,407
    SQFT
    $115
    $/SQFT
    Neighborhood:
    Algonquin
    County:
    McHenry
    Area:
    Algonquin
    Property Description
    7,407 SF Sports bar / restaurant seats total of 275 (with pool tables removed). 15 flat screens & several leased pool tables, video gaming (see full list of furniture, fixtures and equipment). Established 33 years. Prime location on the corner of Edgewood Road and Route 31 with 18,100 daily traffic counts. Motivated seller ready to retire. Owner also owns 5 vacant lots across the street for potential additional parking that are offered for sale separately for $155,000 (see MLS #10731917).
    Exterior Features

    Approx Land Sq Footage 7407 Construction Materials ConcreteStoneWood Frame Frontage Type State Road Location CornerMixed Use AreaFree Standing/Urban Miscellaneous Outside Handicapped AccessSatellite DishStorms And Screens (As Exist) Outdoor Parking 31-50 SpacesLightedOpenPavedUnpaved Parking Total 32 Roof CompositionReflective CoatingRubber Waterfront YN Yes

    Interior Features

    Cooling Central AirExhaust Fan Electric 201-600 AmpsOver 600 Amps3 Phase Heat Ventilation Ceiling UnitsForced AirGas Miscellaneous Inside Handicapped AccessPublic Restroom/SStorage Inside Seating Capacity 100+

    Property Features

    Additional Parcels YN Yes Adj Net Income Year 2018 Adjusted Net Income 00 Annual Rent For Real Estate 00 Business Age 11+ Years Business Name Twisted Rose Business Type Bar/Tavern/LoungeFood & BeverageRestaurant Corporate Limits Algonquin Cost Of Goods Sold 00 Cost Of Goods Year 2018 Current Use Commercial Food Beverage Type RestaurantBanquetFine Dining General Information List Broker Must AccompanyShow-Call Listing OfficeNo Sign On Property Gross Payroll 00 Gross Payroll Year 2018 Gross Profit 00 Gross Profit Year 2018 Gross Sales Ann Year 2018 Gross Sales Annual 00 Inventory 15000 Inventory Year 2018 Known Encumbrances First Mortgage Land Amenities Lighting/Exterior Living Quarters None Lot Size .50-.99 Acre Lot Size Dimensions 123X106X83X45X130 Net Operating Income Year 2018 Net Profit 00 Non- Disclosure Agreement Required YN No Number Of Full Time Employees 1 Number Of Part Time Employees 2 Operating Expense 0 Ownership Type Corporation Ownership Type1 Corporation Possible Use CommercialLiquor LicenseRetail Property Offered For Sale Only Real Estate Included YN Yes Sale Includes LandBuildingEquipmentTrade FixturesCov Not To CompetePhone NumberBusiness Name Sales Taxes 00 Sales Taxes Year 2018 Tax Annual Amount 19329 Tax Year 2019 Tenant Pays Air ConditioningElectricityHeatJanitorial ServiceTaxesInsuranceRepairsScavengerSewerGas Total Operating Expenses Year 2018 Type Bus / Bus W/Real Est Type Of Lease None Unincorporated YN No Utilities Water-CommunityWater-Municipal Zoning Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Premier Commercial Realty.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2020-11-24T20:51:58.79 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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    4112C Fieldstone Road
    Champaign IL, 61822