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    OFF-MARKET
    Land

    315 4 St, East Dundee, IL 60118

    2,100 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional turnkey business opportunity in East Dundee, Illinois, presents a rare chance to acquire a thriving establishment. Located at 315 E 4th St, this 2,100 square foot facility sits on a 4,200 square foot lot and is offered at an asking price of $20,000. The property is categorized as hospitality and land, with commercial subtype. The spacious interior boasts a huge, well-lit open area perfect for its current use as an axe throwing venue, or easily adaptable to other concepts. All existing equipment is included in the sale, eliminating the need for significant upfront investment. This comprehensive inventory includes coolers, various equipment specific to axe throwing, refrigerators, bar stools, tables, chairs, and of course, the axes themselves. The property's prime downtown East Dundee location offers high visibility and foot traffic. The expansive outdoor area provides a significant advantage, currently functioning as a beer garden, and easily adaptable for expanded outdoor seating and entertainment. This versatile property presents a unique opportunity for an investor seeking a profitable, established business or an entrepreneur looking to create a new concept in a vibrant downtown setting. The property's zoning and potential uses should be independently verified.

    Property profile
    Verified
    Property type Land
    Total area 2,100 SF
    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
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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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