315 4 St, East Dundee, IL 60118
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.