14929 ARCHER Avenue, LOCKPORT IL 60441 Photo 1 14929 ARCHER Avenue, LOCKPORT IL 60441 Photo 2 14929 ARCHER Avenue, LOCKPORT IL 60441 Photo 3 14929 ARCHER Avenue, LOCKPORT IL 60441 Photo 4 14929 ARCHER Avenue, LOCKPORT IL 60441 Photo 5 14929 ARCHER Avenue, LOCKPORT IL 60441 Photo 6 14929 ARCHER Avenue, LOCKPORT IL 60441 Photo 7 14929 ARCHER Avenue, LOCKPORT IL 60441 Photo 8 14929 ARCHER Avenue, LOCKPORT IL 60441 Photo 9 14929 ARCHER Avenue, LOCKPORT IL 60441 Photo 10 14929 ARCHER Avenue, LOCKPORT IL 60441 Photo 11 14929 ARCHER Avenue, LOCKPORT IL 60441 Photo 12 14929 ARCHER Avenue, LOCKPORT IL 60441 Photo 13 14929 ARCHER Avenue, LOCKPORT IL 60441 Photo 14 14929 ARCHER Avenue, LOCKPORT IL 60441 Photo 15
Listed by Kim Wirtz 815-838-0110 and Lynn Bialy 815-838-0110 of CENTURY 21 Affiliated

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14929 ARCHER Avenue - FABULOUS OPPORTUNITY TO OWN THIS 5000 SQUARE FOOT BAR/RESTAURANT PLUS 3000 SQUARE FOOT BAKERY OR JUST RENT THE RESTAURANT/BAR SPACE THAT'S NESTLED ON 1.5 WOODED ACRES ON BUSY ARCHER AVENUE. OWNER WANTS TO RETIRE! THIS BUILDING CAN BE MULTI PURPOSE! FEATURES: 2 KITCHENS, 3 FIREPLACES FOR COZY ATMOSPHERE, LARGE DINING AREA PLUS SEPARATE BAR SPACE; LARGE PARKING LOT WITH OVER 50 SPACES PLUS OUTSIDE PATIO AREA THAT COULD BE A GREAT BEER GARDEN OR AL FRESCO DINING AREA! ALSO FEATURES A NEW ROOF!

Listing information

  • MLS® ID: 09709589
  • Status: Active
  • New Construction: No
  • County: Will
  • Property ID: 104049949
  • Stories: 1
  • Foreclosure: No
  • Style: Business
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $7,953

Features

Air Conditioning Central Air
Business Age 11+ Years
Business Type Bar/Lounge/Nite Club
Current Use Commercial
Food/Beverage Type Restaurant, Grill, Fine Dining
Franchisor Feed(y/n) No
Heat/Ventilation Gas, Forced Air
Information No Sign on Property, 24-Hr Notice Required
Known Encumbrances First Mortgage
Lot Size 1.0-1.99 Acres
Other Zoning Type - Commr, Total Op Exp Year - 2016, Tax Year - 2016, Sales Taxes Year - 2016, Sales Taxes - 0, Net Profit - 44591, Net Operating Income Year - 2016, Inventory Year - 2016, Gross Sales Annual - 172591, Gross Sales Ann Year - 2016, Gross Profit Year - 2016, Gross Profit - 71591, Estimated Tax/Sf - 0, Approx Total Bldg Sq Ft - 8000, Approx Land Sq Footage - 8000, Annual Rent For Real Estate - 0, Adjusted Net Income - 44591
Outdoor Parking 31-50 Spaces
POSSESSION Closing
Potential Use Commercial
Property Offered For Sale or Rent
Property Type Bus / Bus w/Real Est
Real Estate Included? (Y/N) Yes
Sale Price Includes Trade Fixtures, Phone Number, Owner Will Train, License/Permit, Land, Inventory, Equipment, Customer List, Business Name, Business, Building
Seating Capacity 100+
Tenant Pays Water/Sewer, Scavenger, Repairs and Maintenance, Insurance, Heat, Electric, Common Area Maintenance, Air Conditioning
Type Of Lease Gross Lease
Type Ownership (Business) General Partnership
Unincorporated (Y/N) Yes
Listed by Kim Wirtz 815-838-0110 and Lynn Bialy 815-838-0110 of CENTURY 21 Affiliated