Established Restaurant and Entertainment
For Sale
Contact for pricing
2816 W Il Route 120, McHenry, IL
Profitable restaurant and entertainment venue with owner financing available.
Property Size5,450 SF
Lot Size0.76 Acres
Price / SF$178.90
Days on Market404
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 Agency:
SVN | Chicago - Corporate
(312) 676-1866
Listed By:
Paul R. Cawthon · License #475130924
(630) 640-1001
Source:
Moodyscre
Added: Aug 28, 2025
Changed: Oct 2
Last Checked: Oct 4 at 1:18PM
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,000
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,280,000
$1.3M
Cap Rate 7%
$914,286
$914.3K
Cap Rate 9%
$711,111
$711.1K
Market Conditions
NOI Build-Up for 5,450 SF
Gross rent
$91.6K $16.80/SF
− Vacancy
−$6.2K −$1.14/SF
EGI
$85.3K $15.66/SF
− OpEx
−$21.3K −$3.91/SF
NOI
$64.0K $11.74/SF
Area
McHenry County, IL
Vacancy
6.80%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,280,000
Cap Rate 7%
$914,286
Cap Rate 9%
$711,111
Alternative Uses
Best Use
Specialty Retail
$914.3K
$800.0K – $1.07M
NOI $64,000 @ 7.0% cap · market cap 6.56%
Second Best
Retail
$751.3K
$657.4K – $876.5K
NOI $52,590 @ 7.0% cap · market cap 5.39%
Theoretical Best
Office A
$1.88M
$1.65M – $2.20M
NOI $131,715 @ 7.0% cap · market cap 13.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
372
Businesses Nearby
10k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Dunkin' Donuts
Dining
8,100 visits/mo
0.5 miles
SUBWAY
Dining
1,616 visits/mo
0.5 miles
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Lucky Poker — 700 n, 700 Front St, McHenry, IL 60050
- 3 Queens Bar & Gaming — 810 N Front St, McHenry, IL 60050
- McHenry Country Club — 820 N John St, McHenry, IL 60050
- Main Street Station — 4005 Main St, McHenry, IL 60050
- Moe's on Main — 3914 Main St, McHenry, IL 60050
Frequently Asked Questions
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
