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7237 State Park Road

Spring Grove, IL 60081
  • $400,000
  • STATUS: Active
  • ON SITE: 447 Days
  • MLS #: 11625714
UPDATED: 28 min ago
$400,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1975
County:
Area:

School Ratings & Info

Description

Great opportunity for owner/user or investor. Excellent visibility with decent traffic. Bar/Restaurant/Retail space makes up the main and lower level estimated at 10,000 square feet. Both spaces have bars, dining/entertainment space, and bathrooms. These spaces could be split into mutil units. The top level feature two 1-bed/1-bath apartments, and one 2-bed/2-bath apartment. Coin laundry in lower level. The cell towers behind the property have easement access and the lease rights are owned by another party. Total property size is 1.34 acres!

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© 2023 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 2023-12-01T21:58:50.477 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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7237 State Park Road Spring Grove, IL 60081

  • Price: $400,000
  • Status: Active
  • On Site: 447 Days
  • Updated: 28 min ago
  • MLS #: 11625714
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1975
Built
Neighborhood:
Spring Grove
County:
McHenry
Area:
Spring Grove
Property Description
Great opportunity for owner/user or investor. Excellent visibility with decent traffic. Bar/Restaurant/Retail space makes up the main and lower level estimated at 10,000 square feet. Both spaces have bars, dining/entertainment space, and bathrooms. These spaces could be split into mutil units. The top level feature two 1-bed/1-bath apartments, and one 2-bed/2-bath apartment. Coin laundry in lower level. The cell towers behind the property have easement access and the lease rights are owned by another party. Total property size is 1.34 acres!
Exterior Features

Exterior Building Type BrickFrame Frontage Type Public Road Outdoor Parking 31-50 Spaces Parking Total 30 Roof Composition Roof Structure Gable

Interior Features

Cooling Central AirWall Sleeve Heat Ventilation ElectricForced AirGas Miscellaneous Inside Multi-TenantPublic Restroom/sStorage InsideBasementLaundry Room Number Of Dryers 1 Number Of Ranges 3 Number Of Washers 1

Property Features

Additional Parcels YN Yes Approximate Age 36-50 Years Building Area Total 15510 Built Before1978 YN Yes Current Use Commercial Electric Circuit BreakersSeparate Meters Fire Protection None Geographic Locale Northwest Suburban Gross Income 78000 Gross Scheduled Income 78000 Insurance Expense 5000 Mls Actual Status Active Net Operating Income 46722 Operating Expense 31723 Ownership Types Individual Possible Use Retail Rental Price 10 Tax Annual Amount 11122.9 Tax Year 2021 Tenant Pays ElectricityHeatScavengerVaries by Tenant Total Monthly Income 65000 Township Burton Type Mixed Use Zoning COMMR

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Baird & Warner Fox Valley - Geneva: 630-377-1855.


© 2023 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 2023-12-01T21:58:50.477 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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