411 S Milwaukee Avenue, LIBERTYVILLE IL 60048 Photo 1 411 S Milwaukee Avenue, LIBERTYVILLE IL 60048 Photo 2 411 S Milwaukee Avenue, LIBERTYVILLE IL 60048 Photo 3
Listing Courtesy of Mega Usa Properties, Inc.

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411 S Milwaukee Avenue - OUTSTANDING OPPORTUNITY IN PHENOMENAL LOCATION ON BUSY STREET. WELL ESTABLSHED JAPANESE RESTAURANT, INTERIOR FEATURES APPROX 3300 SF. CONSISTING OF 2 SEPARATE LARGE TEPPAN AND SUSHI STATION, 90 SEATS, SURROUNDED BY THE RESIDENTIAL AND SHOPPING CENTERS. ABUNDANT PARKING AVAILABLE IN THE REAR. OVER AN HALF ACRE OF LAND. P & L STATEMENT UPON REQUEST FOR FINANCIALLY QUALIFIED BUYER ONLY. SALE INCLUDES BUSINESS AND REAL ESTATE. PLEASE DO NOT INTERRUPT THE BUSINESS NOR AN EMPLOYEES. NDA RQUIRED. NO EXCEPTIONS.

Listing information

  • MLS® ID: 09334744
  • Stories: 2
  • Foreclosure: No
  • Style: Business
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $13,573
  • Status: Active with Contingency
  • New Construction: No
  • County: Lake

Features

Air Conditioning Central Air, Exhaust Fan/s
Business Age 11+ Years
Business Type Restaurant
Confidentiality Or Non-Disclosure Agreement Requir Yes
Construction Brick, Other/Unknown
Contingency Flag Attorney/Inspection
Current Use Commercial
Electrical Service 101-200 Amps
Food/Beverage Type Carry-Out, Catering, Fine Dining, Grill, Restaurant
Franchisor Feed(y/n) No
Frontage/Access City Street, Public Road
Heat/Ventilation Ceiling Units, Central Heat/Indiv Controls, Forced Air, Hot Water
Information 24-Hr Notice Required, After Hours Only, Highly Confidential, Listing Agent Must Accompany, No Sign on Property, Non-Disclosure Agreement, Show-Special Instructions
Known Encumbrances None Known
Land Amenities Lighting/Exterior
Location Central Business District, Free Standing/Urban, Mixed Use Area
Lot Size .50-.99 Acre
Misc Inside Private Restroom/s, Storage Inside
Other # Of Emp Full Time - 7, # Of Emp Part Time - 3, Adjusted Net Income - 00, Annual Rent For Real Estate - 00, Approx Land Sq Footage - 3300, Approx Total Bldg Sq Ft - 4000, Business Name (If Confidential, Leave Blank) - Japanese Steak House & Sushi B, Estimated Tax/Sf - 4.24, Gross Profit - 990000, Gross Profit Year - 2015, Gross Sales Ann Year - 2015, Gross Sales Annual - 990000, Inventory Year - 2015, Monthly Rental Price - 5000, Net Operating Income Year - 2015, Net Profit - 264000, Sales Taxes - 00, Sales Taxes Year - 2015, Tax Year - 2015, Total Op Exp Year - 2015, Zoning Type - Commr
Outdoor Parking 31-50 Spaces
Ownership Type Corporation
Possession Closing
Potential Use Commercial, Liquor License, Office and Research, Retail, Zoning Change Required
Property Offered For Sale or Rent
Property Type Bus / Bus w/Real Est
Real Estate Included? (Y/N) Yes
Roof Coverings Other, Shingle Composition
Sale Price Includes Building, Business, Business Name, Equipment, Inventory, Key Money/Good Will, Land, License/Permit, Owner Will Train, Phone Number, Trade Fixtures
Sale Terms Conventional, Lease/Purchase, Wrap Around
Seating Capacity 76-100
Tenant Pays Air Conditioning, Common Area Maintenance, Electric, Heat, Insurance, Repairs and Maintenance, Scavenger, Water/Sewer
Type Of Lease None
Type Ownership (Business) Corporation
Utilities To Site Electric to Site, Gas to Site
Waterfront (Y/N) No
Listing Courtesy of Mega Usa Properties, Inc.