1501 State Rte McHenry, IL 60050
- Retail properties
- 9,556 SF
- 1.76 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1501 State Rte
- Year built
- 2003
- Lot size
- 1.76 lot acres
- Property size
- 9,556 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional 9,556-square-foot Class A restaurant is available for $1,500,000. Located at 1501 State Route 31 in McHenry, Illinois, this vacant, turn-key property sits on a 1.76-acre lot and boasts 93 parking spaces. Built in 2003, the single-story building features a fully equipped commercial kitchen, including a wood-fired pizza oven. Its prime location on State Route 31 offers exceptional visibility, with a daily traffic count of 22,900 vehicles. The property benefits from its proximity to major retailers like Walmart, Kohl's, and Home Depot, driving significant foot traffic. Nearby amenities include hotels, Northwestern Medicine McHenry Hospital, and McHenry Community College. The McHenry location, within the Chicago-Naperville-Elgin metro area, offers a strong market with promising demographic trends and low vacancy rates. This high-visibility restaurant presents a compelling investment opportunity for owner-users or value-add investors seeking a turn-key operation in a thriving community. The property's size, amenities, and strategic location make it an ideal choice for a variety of restaurant concepts. The asking price is $156.97 per square foot.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- McHenry
- County
- McHenry
- State
- Illinois
- Longitude
- -88.2824
- Latitude
- 42.3073
