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Established Restaurant and Entertainment Venue

2816 W Il Route 120 McHenry, IL

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Profitable restaurant and entertainment venue with owner financing available.

Type:OFFICE
Property size:
5,450 SF
Lot size:
0.76 Acres
Price / SF:
$178/SF
Added:
Aug 28, 2025
Days on Market:
319
Last Refresh:
May 20 at 8:00 pm

Property Features for 2816 W Il Route 120

General Information

Standard status
Active
Size
5,450 SF
Lot size
0.76 Acres
Property subtype
OFFICE

Listing office SVN | Chicago - Corporate

Listing date Aug 28, 2025

Source Moodyscre

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 SVN | Chicago - Corporate


Investment Insights

Based on property information with market context.

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.

Key Highlights

  • High Gross Revenue: $1,450,000
  • Experienced Staff: Long‑standing, dedicated team
  • Slot Machines: Added entertainment and revenue stream

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $91.6k $16.80
− Vacancy −$6.2k −$1.14
EGI $85.3k $15.66
− OpEx −$21.3k −$3.91
NOI $64.0k $11.74
5,450 SF · lease $16.80/SF/yr · vacancy 6.80% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$914.3K
$800.0K – $1.07M (±1% cap)
NOI $64,000 @ 7.0% cap · market cap 6.56%
Second Best
Retail
$751.3K
$657.4K – $876.5K (±1% cap)
NOI $52,590 @ 7.0% cap · market cap 5.39%
Theoretical Best
Office A
$1.88M
$1.65M – $2.20M (±1% cap)
NOI $131,715 @ 7.0% cap · market cap 13.51%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Bars & Pubs

Similar Off Market Nearby

  • Moe's on Main — 3914 Main St, McHenry, IL 60050
  • McHenry Country Club — 820 N John St, McHenry, IL 60050
  • Lucky Poker — 700 n, 700 Front St, McHenry, IL 60050
  • 3 Queens Bar & Gaming — 810 N Front St, McHenry, IL 60050
  • Main Street Station — 4005 Main St, McHenry, IL 60050

FAQs

What type of property is this?
Bar & Pub - Profitable restaurant and entertainment venue with owner financing available.
Where is this bar & pub located?
The property is located at 2816 W Il Route 120 McHenry, IL.
What is the asking price?
The asking price for this property is $975,000.
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
Contact an agent
(630) 640-1001 Call to check price and availability
More about this property
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