Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2816 W Il Rte, Unit 120 McHenry, IL

    For Sale
    $1,495,000

    Profitable restaurant and entertainment venue with owner financing available.

    Property size:
    5,450 SF
    Lot size:
    0.76 Acres

    Property Features for 2816 W Il Rte

    General Information

    Size
    5,450 SF
    Lot size
    0.76 Acres

    Source: SVN | Chicago - Corporate Agent Paul R. Cawthon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Restaurant and Entertainment Venue

    This established venue, located in McHenry, IL, offers a blend of dining and entertainment. The property features a spacious bar area designed to encourage socializing, alongside private dining spaces suitable for hosting events. For added entertainment, the venue includes slot machines, contributing to its revenue streams. Outdoor seating is available for customers to enjoy dining during warmer months. The business reports gross revenues of $1,450,000. The property has a total size of 5,450 square feet. The business benefits from a long-standing and experienced team. The property combines historical charm with modern functionality. Owner financing options are available. Please do not disturb the business, management, or employees.
    Location Intelligence

    Current Use by Public Records

    Bars

    Similar Places Nearby

    Moe's on Main, McHenry Country Club, Lucky Poker, 3 Queens Bar & Gaming, Main Street Station

    Map

    City
    McHenry
    County
    McHenry
    State
    Illinois
    Longitude
    -88.2667534
    Latitude
    42.333355

    Nearby Similar for Sale

    • $998,500
      10,800 SF

      Updated Industrial Building in McHenry

      Updated industrial building with flexibility for multiple units in McHenry.
      1717 Oak Dr, McHenry, IL 60050
      View Details
    • $590,000
      5,991 SF

      McHenry Income Property Opportunity

      Income-generating property in downtown McHenry with multiple units and potential.
      3937 Main St, McHenry, IL 60050
      View Details
    • $450,000
      3,900 SF

      Prime Corner Retail with Garage

      Spacious retail and office space with large garage.
      3331 W Elm Rt 120 St, McHenry, IL 60050
      View Details
    • $59,900
      1,248 SF

      Professional Office Space in McHenry

      Turnkey office space ideal for medical or professional services.
      4306 W Crystal Lake Rd, McHenry, IL 60050
      View Details
    • $1,499,950
      4,302 SF

      McHenry Medical Office Investment

      Credit-rated tenant, long-term lease, and attractive demographics.
      633 Ridgeview Dr, McHenry, IL 60050
      View Details
    • $2,400,000
      20,000 SF

      McHenry Office Building For Sale

      20,000 SF office building for sale or lease.
      4209 W Shamrock Ln, McHenry, IL 60050
      View Details

    FAQs

    What type of property is this?
    Bar - Profitable restaurant and entertainment venue with owner financing available.
    Where is this bar located?
    The property is located at 2816 W Il Rte, Unit 120 McHenry, IL.
    What is the asking price?
    The asking price for this property is $1,495,000.
    What are key features of this property?
    This property features: - High Gross Revenue: $1,450,000; - Experienced Staff: Long-standing, dedicated team; - Slot Machines: Added entertainment and revenue stream
    (630) 640-1001
    Request Owner's contact information
    2816 W Il Rte, Unit 120 McHenry, IL
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2816 W Il Rte, Unit 120
    McHenry, IL
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2816 W Il Rte, Unit 120 McHenry, IL
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.