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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

9999 Algonquin Rd Algonquin, IL 60102

Property ID
Property summary
AI-generated overview

This exceptional 3,000 square foot restaurant and bar located at 9999 W Algonquin Rd, Algonquin, IL 60102, is available for $275,000. This turnkey operation offers a thriving breakfast and lunch business, complete with all fixtures and equipment. The sale includes a liquor license and a pending gaming room license, adding significant value to the acquisition. Ample parking is available for over 90 vehicles, ensuring convenient access for patrons. Situated on a high-traffic road with excellent foot traffic, this property benefits from a prime location. The sale encompasses the business, all trade assets, and the soon-to-be-approved gaming room, including slot machines. The versatile zoning allows for diverse operational possibilities. The seller is open to discussing financing options for qualified buyers. A smooth transition is ensured through personalized guidance from the current owners, providing support for continued success. This is an owner/user investment opportunity in McHenry County.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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