110-112 Villa Street, ELGIN IL 60120 Photo 1 110-112 Villa Street, ELGIN IL 60120 Photo 2 110-112 Villa Street, ELGIN IL 60120 Photo 3 110-112 Villa Street, ELGIN IL 60120 Photo 4 110-112 Villa Street, ELGIN IL 60120 Photo 5 110-112 Villa Street, ELGIN IL 60120 Photo 6 110-112 Villa Street, ELGIN IL 60120 Photo 7 110-112 Villa Street, ELGIN IL 60120 Photo 8 110-112 Villa Street, ELGIN IL 60120 Photo 9 110-112 Villa Street, ELGIN IL 60120 Photo 10 110-112 Villa Street, ELGIN IL 60120 Photo 11 110-112 Villa Street, ELGIN IL 60120 Photo 12 110-112 Villa Street, ELGIN IL 60120 Photo 13 110-112 Villa Street, ELGIN IL 60120 Photo 14 110-112 Villa Street, ELGIN IL 60120 Photo 15 110-112 Villa Street, ELGIN IL 60120 Photo 16 110-112 Villa Street, ELGIN IL 60120 Photo 17 110-112 Villa Street, ELGIN IL 60120 Photo 18 110-112 Villa Street, ELGIN IL 60120 Photo 19 110-112 Villa Street, ELGIN IL 60120 Photo 20 110-112 Villa Street, ELGIN IL 60120 Photo 21 110-112 Villa Street, ELGIN IL 60120 Photo 22 110-112 Villa Street, ELGIN IL 60120 Photo 23 110-112 Villa Street, ELGIN IL 60120 Photo 24 110-112 Villa Street, ELGIN IL 60120 Photo 25
Listing Courtesy of Re/Max Horizon

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110-112 Villa Street - CURRENTLY A BANQUET HALL/CLUB WITH TWO FULL BARS, THIS 3 STORY BUILDING (7358SF) HAS EVERYTHING NEEDED TO RUN A SUCCESSFUL BANQUET/REST./CLUB BUSINESS. BUILDING COULD ALSO BE ADAPTED FOR OTHER USES. WAS ORIGINALLY A SCHOOL AND STILL HAS A TOP FLOOR GYMNASIUM WITH BASKETBALL COURT AND STAGE. 1ST FLOOR HAS THE DINING/BANQUET HALL WITH SEATING FOR 165 PEOPLE, PLUS A DANCE FLOOR, FULL BAR, RESTROOMS, KITCHEN AND STORAGE. LOWER LEVEL HAS A FULL BAR, LOUNGE AREA W/POOL TABLE, GAMING AREA, FULL COMMERCIAL KITCHEN, RESTROOMS, 2 WALK-IN COOLERS, BEVERAGE STORAGE, AND DUMB WAITER SYSTEM. KITCHEN HAS NEWLY INSTALLED VENTILATION SYSTEM. ELECTRIC HAS BEEN UPDATED WITH 400 AMPS. THERE ARE TWO BOILERS PLUS CENTRAL AIR ON THE FIRST TWO FLOORS. THERE IS A FULLY MONITORED ALARM SYSTEM. THE PARKING LOT HAS ROOM FOR 25 CARS AND THERE IS DIRECT ACCESS TO A CITY OWNED PARKING DECK WITH ELEVATOR FROM THE LOT. SALE ALSO INCLUDES THE AUTO REPAIR BUILDING TO THE NORTH AT 110 VILLA ST. WHICH HAS 1380 SF.

Listing information

  • MLS® ID: 09098247
  • Status: Active
  • New Construction: No
  • County: Kane
  • Style: Retail / Hospitality / Service
  • Stories: 3
  • Foreclosure: No
  • Year Built: 1900
  • Parking Type Description: Detached 25 cars
  • Estimated Annual Taxes: $5,487

Features

Air Conditioning Central Air, Zoned
Approximate Age Older
Construction Brick
Electrical Service 201-600 Amps, Circuit Breakers
Exterior Building Type Brick
Fire Protection Alarm On Site
Franchisor Feed(y/n) No
Geographic Locale Northwest Suburban
Heat/Ventilation Gas, Hot Water
Indoor Parking Detached, Over 100 Spaces, Secured
Information None
Other # Of Drive In Doors - 0, # Of Tenants - 2, # Of TL Docks - 0, # Of Units - 2, Approx Total Bldg Sq Ft - 8738, Gross Rental Income $ - 1100, Net Oper Income $ - 0, Tax Year - 2014, Total Annual Exp - 18374, Total Annual Income - 13200, Total Monthly Income - 1100, Township - Elgin, Zoning Type - Rtail
Potential Use Commercial, Residential-Multi-Family, Retail, Special Use
Property Offered For Sale Only
Property Type Retail/Stores
Tenant Pays Varies by Tenant
Listing Courtesy of Re/Max Horizon