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Turn-Key Italian Restaurant For Sale
For Sale
$1,275,000

1540 Carlemont Drive #A, Crystal Lake, IL 60014

Fully furnished Italian restaurant built in 2005 with high-end appointments.

Property SizeContact for details
Days on Market193

Property Features for 1540 Carlemont Drive #A

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $8,228

Amenities

Central air
Central Air Cooling
Listing Agency: BERKSHIRE HATHAWAY HOMESERVICES STARCK REAL ESTATE
Listed By: JACK MINERO · License #475127381
Source: Corcoran
Added: Jan 29 Changed: Aug 8 Last Checked: Aug 8 at 4:07AM

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 BERKSHIRE HATHAWAY HOMESERVICES STARCK REAL ESTATE

Investment Insights

Based on property information with market context.

This is Florio's Italian Restaurant, a restaurant property built in 2005. The restaurant is fully furnished and turn-key, featuring high-end appointments and equipment, including an elaborate bar. It can accommodate 90 guests. Ample parking is available. The owner is willing to assist during the transition. Google reviews indicate a 4.5-star rating.

Key Highlights

  • Turn‑key restaurant: Fully furnished with high‑end appointments and equipment.
  • Established business: Google reviews of 4.5 stars.
  • Ample seating: Capacity for 90 guests.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Barber Shop Hotel & Motel Carpet & Flooring Store Locksmith Electrical Service Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,099
Businesses Nearby
453k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 28% Apparel 26% Groceries 25% Electronics 9%
Jewel-Osco Groceries
56,908 visits/mo 0.1 miles
T.J. Maxx Apparel
49,316 visits/mo 0.4 miles
Burlington Apparel
44,868 visits/mo 0.4 miles
Mariano's Groceries
40,088 visits/mo 0.4 miles
Best Buy Electronics
39,522 visits/mo 0.2 miles

Demographics for 60014, IL

48,275
Population
18,135
Households
2.7
Avg Household Size
40
Median Age
42%
College-Educated
94%
High-School Grad
25.1 sq mi
ZIP Area
1,923
Density / Sq Mi
$104,657
Median Household Income
$50,805
Median Earnings
$1,429
Median Rent
$296,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully furnished Italian restaurant built in 2005 with high-end appointments.
Where is this conventional restaurant located?
The property is located at 1540 Carlemont Drive #A Crystal Lake, IL.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Turn‑key restaurant: Fully furnished with high‑end appointments and equipment.; Established business: Google reviews of 4.5 stars.; Ample seating: Capacity for 90 guests.
More about this property
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