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78 E Grand Avenue

Fox Lake, IL 60020
  • $675,000
  • STATUS: Active
  • ON SITE: 616 Days
  • MLS #: 11490069
UPDATED: 31 min ago
$675,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1948
County:
Area:

School Ratings & Info

Description

SELLER FINANCING AVAILABLE! Located in the Fox Lake downtown area, this fantastic opportunity to own a pool hall and bar with both a liquor and package license has presented itself. Property is 7,880 sf with one of the largest patio dining spaces in Fox Lake. Current owner has updated with new rolled rubber roof on pool hall (3 years), new siding (2022), new tankless water heater (3 years), new bathrooms (4 years), and new patio (3 years). The kitchen equipment has been updated with new prep cooler, new ice machine, and 2 new freezers. The interior houses two bars, one in the pool hall and the other in the dining room, with a separate gaming area alongside the main bar. The business has a full service food license, liquor license, gaming license, and packaged liquor license. Multiple revenue streams for this property include: Video Gaming, Food Sales, Liquor Sales, Packaged Liquor Sales, Owned ATM, and owned Pool Tables. All trade fixtures are included. Business is still in operation, confidential do not contact employees.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2024-04-20T19:32:36.197 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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78 E Grand Avenue Fox Lake, IL 60020

  • Price: $675,000
  • Status: Active
  • On Site: 616 Days
  • Updated: 31 min ago
  • MLS #: 11490069
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1948
Built
Neighborhood:
Fox Lake
County:
Lake
Area:
Fox Lake
Property Description
SELLER FINANCING AVAILABLE! Located in the Fox Lake downtown area, this fantastic opportunity to own a pool hall and bar with both a liquor and package license has presented itself. Property is 7,880 sf with one of the largest patio dining spaces in Fox Lake. Current owner has updated with new rolled rubber roof on pool hall (3 years), new siding (2022), new tankless water heater (3 years), new bathrooms (4 years), and new patio (3 years). The kitchen equipment has been updated with new prep cooler, new ice machine, and 2 new freezers. The interior houses two bars, one in the pool hall and the other in the dining room, with a separate gaming area alongside the main bar. The business has a full service food license, liquor license, gaming license, and packaged liquor license. Multiple revenue streams for this property include: Video Gaming, Food Sales, Liquor Sales, Packaged Liquor Sales, Owned ATM, and owned Pool Tables. All trade fixtures are included. Business is still in operation, confidential do not contact employees.
Exterior Features

Frontage Type City StreetPublic RoadPaved Outdoor Parking 19-30 SpacesLightedPrivate LotPublic Lot Parking Total 24 Roof Rubber

Interior Features

Cooling Central Air Heat Ventilation Central Bldg HeatGas Miscellaneous Inside Accessible EntranceAccessible Washroom/SPublic Restroom/SStorage Inside Number Of TLDocks 0

Property Features

Additional Parcels YN Yes Building Area Total 7880 Current Use Commercial Electric Service - 101 To 200 Amps Fire Protection Alarm On SiteFire Extinguisher/SPartially SprinkleredSprinklers-Wet Leasable Area 0 Location Central Business DistrictCornerPublic Transport AvailFree Standing/Urban Mls Actual Status Active Net Operating Income 999999 Property Offered For Sale Only Property Sub Type Restaurant Tax Annual Amount 10632 Tax Year 2021 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatJanitorial ServiceTaxesInsuranceRepairsRoofScavengerSewer Type Retail/Stores Utilities Electric To SiteGas To SiteSanitary SewerWater-MunicipalWater To Site Zoning Commr

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Compass: (847) 306-6158.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2024-04-20T19:32:36.197 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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350 Sundown Rd.
South Elgin IL, 60177