About This Restaurant
Investment Highlights
3,545 Freestanding Building On .399 Acre - RET $18,500 Full Bar With 6 Video Gaming Machines - 2022 Gaming Revenue $94,173 - Current Gaming Contract Expires 3/23/24 Established 1936 - Current Owners Since 1989 - Relocated Here 2003 2nd Building On The Property That Can Be Converted To An Apartment Or Retail For Additional Rental Income Separate Dining Room & Separate Carryout Entrance - Screened-In Deck With Seating 2021 Sales $822,094 & 2022 Sales $631,920 Due To Being Closed Jan & Part of Feb Due To A Pipe Break!
Executive Summary
Established 1936Same Owners Since 1989 Relocated In 2003Seating For 100 (22+ Bar & 60 Dining Room & 16 Outside)Parking For 50 Vehicles6 Video Gaming Machines Full Liquor License
Property Details
- Sale Type Investment or Owner User
- Sale Condition Business Value Included
- Property Type Retail
- Property Subtype Restaurant Restaurant General Retail Fast Food General Retail Freestanding Restaurant
- Building Size 3,545
- Building Class C
- Year Built 1980
- Price 799,000
- Price Per SF 225
- Business Value 225,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.21
- Land Acres 0.39 AC
Amenities
- Pylon Sign
- Restaurant
- Air Conditioning
Property Taxes
| Parcel Number | 19-34-353-001 | Improvements Assessment | $23,002 |
| Land Assessment | $0 | Total Assessment | $23,002 |
| Date Created: | 2024-07-16 04:13:39 | Last Updated: | 2024-07-16 04:13:39 |
| Address: | 1320 Main St , Algonquin, Illinois, 60102 | ||