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 Fine Dining, Grill, Restaurant
Franchisor Feed(y/n) No
Heat/Ventilation Forced Air, Gas
Information 24-Hr Notice Required, No Sign on Property
Known Encumbrances First Mortgage
Lot Size 1.0-1.99 Acres
Other Adjusted Net Income - 44591, Annual Rent For Real Estate - 0, Approx Land Sq Footage - 8000, Approx Total Bldg Sq Ft - 8000, Estimated Tax/Sf - 0, Gross Profit - 71591, Gross Profit Year - 2016, Gross Sales Ann Year - 2016, Gross Sales Annual - 172591, Inventory Year - 2016, Net Operating Income Year - 2016, Net Profit - 44591, Sales Taxes - 0, Sales Taxes Year - 2016, Tax Year - 2016, Total Op Exp Year - 2016, Zoning Type - Commr
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 Building, Business, Business Name, Customer List, Equipment, Inventory, Land, License/Permit, Owner Will Train, Phone Number, Trade Fixtures
Seating Capacity 100+
Tenant Pays Air Conditioning, Common Area Maintenance, Electric, Heat, Insurance, Repairs and Maintenance, Scavenger, Water/Sewer
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