Freestanding Restaurant with
For Sale
Contact for pricing
Pending
1320 S Main St, Algonquin, IL 60102
Freestanding restaurant and pizzeria with full wrap-around bar, separate dining and carryout entry, plus video gaming machines.
Property Size3,545 SF
Lot Size0.40 Acres
Days on Market121
Property Features for 1320 S Main St
General Information
Standard status
Pending
Size
3,545 SF
Total Parking Spaces
50
Lot size
0.40 Acres
Property subtype
Retail
Site & Location
Traffic Count
18,000 vehicles/day
Road Access
Yes
Restaurant
Commercial Hood
Yes
Liquor License
Yes
Additional Details
Furnished
Yes
Business Included
Yes
Amenities
monument sign
screened-in deck
separate carryout entrance
garage/storage
second floor office
Building Details
Year Built
1980
Stories
2
Tenancy
Single
Listing Agency:
EatZ Real Estate Group LLC
Listed By:
Tom Traina · License #471021331
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Aug 9 at 6:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EatZ Real Estate Group LLC
Investment Insights
Based on property information with market context.
This sale includes a well-established freestanding restaurant and pizzeria with a full wrap-around bar, separate dining room, and a separate carryout entrance. The property features dine-in or out, carryout and delivery, and includes a screened-in deck with seating at the front. Inside, the kitchen is equipped with a large hood, full kitchen line, double-deck pizza oven, and walk-in cooler and freezer. A second-floor office supports operations, and there is garage/storage in the rear. Six video gaming machines are located on-site, and a 2022 gaming revenue figure of $94,173 is provided. The business is described as fully liquor licensed, independent, and not subject to royalty, advertising, or transfer fees.
The property is located in prime retail space within a freestanding building with ample parking, monument sign, and access to a major thoroughfare. The site provides parking for 50 vehicles. The main building is approximately 3,545 square feet, built in 1980, and the lot is listed at .399 acre, with a new roof and parking lot. Real estate taxes are stated at $18,500.
Also on the property is a second building that is in the process of being rehabbed and could be converted to an apartment or retail use for potential additional rental income. The listing provides gross sales figures for 2021 and 2022 and includes FF&E valued at $100,000. Inventory value of $20,000 is noted as not included in the asking price.
The property is located in prime retail space within a freestanding building with ample parking, monument sign, and access to a major thoroughfare. The site provides parking for 50 vehicles. The main building is approximately 3,545 square feet, built in 1980, and the lot is listed at .399 acre, with a new roof and parking lot. Real estate taxes are stated at $18,500.
Also on the property is a second building that is in the process of being rehabbed and could be converted to an apartment or retail use for potential additional rental income. The listing provides gross sales figures for 2021 and 2022 and includes FF&E valued at $100,000. Inventory value of $20,000 is noted as not included in the asking price.
Key Highlights
- 3,545 SF freestanding restaurant and pizzeria built in 1980 on 0.399 acres with monument sign and parking for 50 vehicles
- Full wrap‑around bar with multiple beers on tap, large screen TVs, and 6 video gaming machines; 2022 gaming revenue of $94,173
- Separate dining area and separate carryout entrance, plus screened‑in deck and rear garage/storage
Property Analytics
Current Use
Lease Details
18,000 VPD
Traffic count
Single-tenant
Tenancy
Turnkey business
Opportunity
Yes
Paved road access
Yes
Commercial hood
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
175
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 60102, IL
31,959
Population
12,076
Households
2.6
Avg Household Size
42
Median Age
43%
College-Educated
95%
High-School Grad
15.8 sq mi
ZIP Area
2,023
Density / Sq Mi
$128,070
Median Household Income
$59,484
Median Earnings
$1,826
Median Rent
$320,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding restaurant and pizzeria with full wrap-around bar, separate dining and carryout entry, plus video gaming machines.
Where is this conventional restaurant located?
The property is located at 1320 S Main St Algonquin, IL.
What are key features of this property?
This property features: 3,545 SF freestanding restaurant and pizzeria built in 1980 on 0.399 acres with monument sign and parking for 50 vehicles; Full wrap‑around bar with multiple beers on tap, large screen TVs, and 6 video gaming machines; 2022 gaming revenue of $94,173; Separate dining area and separate carryout entrance, plus screened‑in deck and rear garage/storage
