Freestanding Restaurant with
1320 S Main St Algonquin, IL 60102
1320 S Main St, Algonquin, IL, 60102
Contact for pricing
For Sale
Contact for pricing
Pending
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 Market102
Property Features for 1320 S Main St
General Information
- Standard status
- Pending
- Size
- 3,545 SF
- Lot size
- 0.40 Acres
- Property subtype
- Retail
Listing agency
EatZ Real Estate Group LLC
Listed by
Tom Traina · License #471021331
Source
Crexi
Added: Apr 12 Updated: Jul 21 at 11:08PM Checked: Jul 21 at 11:08PM
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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
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
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
