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    1130 Main Street

    Algonquin, IL 60102
    • $899,000
    • STATUS: Active
    • ON SITE: 338 days
    • MLS #: 10554916
    UPDATED: 89 min ago
    $899,000
    • 0
      BEDS
    • .50-.99 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,407
      SQFT
    • $121
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    Established 33 years. Sports bar/restaurant seats total of 275 (with pool tables removed). Prime Location on the corner of Edgewood & Hwy 31! High Traffic Counts Daily and growing! Owner also owns 5 vacant lots across the street for potential additional parking that are for sale separately at $155,000 (See MLS# 10731917)! 15 flat screens & several leased pool tables. Video gaming. See list of furniture, fixtures and equipment. Motivated Seller ready to retire!

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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 John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2020-09-25T15:08:47.523 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 Main Street Algonquin, IL 60102

    • Price: $899,000
    • Status: Active
    • Updated: 89 min ago
    • MLS #: 10554916
    0
    Beds
    0
    Baths
    0
    ½ Baths
    .50-.99 Acre
    Acres
    7,407
    SQFT
    $121
    $/SQFT
    Neighborhood:
    Algonquin
    County:
    McHenry
    Area:
    Algonquin
    Property Description
    Established 33 years. Sports bar/restaurant seats total of 275 (with pool tables removed). Prime Location on the corner of Edgewood & Hwy 31! High Traffic Counts Daily and growing! Owner also owns 5 vacant lots across the street for potential additional parking that are for sale separately at $155,000 (See MLS# 10731917)! 15 flat screens & several leased pool tables. Video gaming. See list of furniture, fixtures and equipment. Motivated Seller ready to retire!
    Exterior Features

    Approx Land Sq Footage 7407 Construction ConcreteStoneWood Frame Frontage Access State Road Land Amenities Lighting/Exterior Location CornerMixed Use AreaFree Standing/Urban Lot Dimensions 123X106X83X45X130 Lot Sq Ft 15862 Number Of Parking Spaces 32 Roof Coverings Shingle CompositionReflective CoatingRubber Waterfront YN Yes

    Interior Features

    Air Conditioning Central AirExhaust Fan/S Miscellaneous Inside Handicapped AccessPublic Restroom/SStorage Inside Number Of Stories 1 Outdoor Parking 31-50 SpacesLightedOpenPavedUnpaved

    Property Features

    Adj Net Inc Expense Source Owner Projection Adjusted Net Income 00 Ann Rnt Expense Source Owner Projection Annual Rent For Real Estate 00 Business Age 11+ Years Business Name Twisted Rose Business Type Bar/Lounge/Nite ClubFood And BeverageRestaurant Corporate Limits Algonquin Cost Of Goods Expense Source Owner Projection Cost Of Goods Sold 00 Cost Of Goods Year 2018 Current Use Commercial Electrical Service 201-600 AmpsOver 600 Amps3 Phase Food Beverage Type RestaurantBanquetFine Dining Gross Payroll 00 Gross Payroll Expense Source Owner Projection Gross Payroll Year 2018 Gross Profit 00 Gross Profit Expense Source Actual Gross Profit Year 2018 Gross Sales Ann Expense Source Owner Projection Gross Sales Ann Year 2018 Gross Sales Annual 00 Heat Ventilation Ceiling UnitsForced AirGas Inventory 15000 Inventory Expense Source Owner Projection Inventory Year 2018 Known Encumbrances First Mortgage Living Quarters None Miscellaneous Outside Handicapped AccessSatellite DishStorms And Screens (As Exist) Net Operating Income Year 2018 Net Profit 00 Net Profit Source Owner Projection Number Of Emp Full Time 1 Number Of Emp Part Time 2 Possession ClosingNegotiable Potential Use CommercialLiquor LicenseRetail Property Offered For Sale Only Proprietary Info DemographicsFurniture/Fix/Equip ListPlans And SpecsTax BillTraffic Counts Real Estate Included YN Yes Sale Terms Conventional Seating Capacity 100+ Tax Year 2019 Taxes 19329 Tenant Pays Air ConditioningElectricHeatJanitorialReal Property TaxesInsuranceRepairs And MaintenanceScavengerWater/SewerCooking Gas Total Op Exp Year 2018 Total Op Expense Source Owner Projection Total Operating Expenses 00 Type Of Lease None Type Ownership Business Corporation Unincorporated YN No Utilities To Site Water-CommunityWater-Municipal Zoning Type 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 John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2020-09-25T15:08:47.523 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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