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    302 N Riv St N East Dundee, IL 60118

    New
    For Sale
    $533,125

    Business Opportunity - East Dundee, IL

    Property size:
    1,500 SF
    Days on Market:
    2
    Last Refresh:
    Dec 4 at 11:06 pm

    Property Features for 302 N Riv St N

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    0323310011
    Size
    1,500 SF

    Utilities

    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Roof type
    Membrane
    Architectural style
    Other

    Brokerocity Inc. (847) 984-9500 [email protected]

    Listing agent Tracy Burnidge (847) 984-9500 License #475152394

    Listing date Dec 4, 2025

    MLS# 12515224 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East Dundee Mixed-Use Opportunity

    This mixed-use property in East Dundee, Illinois, features a bar and four apartment units. The bar is located on the basement level and serves liquor only. There is one two-bedroom apartment and three one-bedroom apartments. Each apartment includes one unheated, one-car garage. The tenants are responsible for utilities. The apartments consist of two upper units and two lower units, all currently under month-to-month leases. The bar also operates under a month-to-month triple net lease. The property is situated on a prime corner lot and is zoned COMMR. The property size is 1500 square feet.
    Location Intelligence

    Current Use by Public Records

    Bars

    Map

    City
    East Dundee
    County
    Cook
    State
    Illinois
    Longitude
    -88.3234
    Latitude
    42.1081

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    FAQs

    What type of property is this?
    Mixed-use property - Bar and four apartments in East Dundee, Illinois.
    Where is this mixed-use property located?
    The property is located at 302 N Riv St N East Dundee, IL.
    What is the asking price?
    The asking price for this property is $533,125.
    What are key features of this property?
    This property features: - Prime corner location.; - Includes a bar and four apartment units.; - One 2-bedroom and three 1-bedroom apartments.
    (847) 984-9500
    Request Owner's contact information
    302 N Riv St N East Dundee, IL 60118
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    East Dundee, IL 60118
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    302 N Riv St N East Dundee, IL 60118
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