2816 Rte Lakemoor, IL 60051
- Retail properties
- 5,448 SF
Current Use by Public Records
- Retail properties
Property Details for 2816 Rte
- Year built
- 1960
- Property size
- 5,448 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional turnkey restaurant opportunity in Lakemoor, IL, presents a rare chance to acquire a thriving, established business. Located at 2816 W IL Route 120, this 5,448 square foot, single-story restaurant sits on a 33,106 square foot lot and boasts 49 parking spaces. Built in 1960/1938, the property is zoned commercial (Class C) and features a stunning interior, private dining areas ideal for events, a spacious bar, and even a slot machine area. Outdoor seating expands capacity. The sale includes the real estate, land, building, all equipment, supplies, recipes, and a dedicated, experienced staff. This well-regarded restaurant, with over 190 Google reviews and a 4.5-star rating, offers a seamless transition for new ownership. The asking price is $1,624,000 ($311.12/sq ft). This is a unique opportunity to capitalize on McHenry's vibrant culinary scene and continue the legacy of a highly successful restaurant. The property's APN is 0925354022. This owner/user investment opportunity is not to be missed.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lakemoor
- County
- McHenry
- State
- Illinois
- Longitude
- -88.2364
- Latitude
- 42.3508
