Restaurant


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Location: 2601 S. River Road, McHenry, IL, 60051
UPCOMING AUCTION  Bidding period to be scheduled

Restaurant/Bar & Apartment in McHenry, IL

This property is part of a 6 property portfolio including 27045 W. Grass Lake Road, Antioch, IL 60002; 400 & 406 East 103rd Street, Chicago, IL 60628; 6341 W. Belmont Avenue, Chicago, IL 60634; 109-119 W. Grand Avenue, Melrose Park, IL 60164; 2410 W. Washington Street, Waukegan, IL 60085. Make a pre-auction offer on all 6 properties as a package or on any individually.

Minimum Bid/Published Reserve Price: $685,230

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: Approx. 2.2 Acres

Building Size: Approx. 2,160 SF

Leased: 100%

2017 Taxes: $6,964.32

PIN #: 15-17-177-001; 15-17-327-002

Zoning: B-2 & B-1; Neighborhood Business District

NOI: $54,818

Single tenant restaurant/bar with gaming in place and 1 apartment. Strong rental history with lease through 2021.

ABSOLUTELY NO SOLICITATION OF THE TENANTS; ALL PROPERTY INQUIRES MUST BE PRESENTED TO AUCTIONWORKS

View Property Flyer (PDF)

View Zoning Ordinance (PDF)

View Zoning Map (PDF)

View Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

i
Location: 27045 W. Grass Lake Road, Antioch, IL, 60002
UPCOMING AUCTION  Bidding period to be scheduled

Restaurant/Bar with Gaming in Antioch, IL

This property is part of a 6 property portfolio including 400 & 406 East 103rd Street, Chicago, IL 60628; 6341 W. Belmont Avenue, Chicago, IL 60634; 2601 S. River Road, McHenry, IL 60051; 109-119 W. Grand Avenue, Melrose Park, IL 60164; 2410 W. Washington Street, Waukegan, IL 60085. Make a pre-auction offer on all 6 properties as a package or on any individually.

Minimum Bid/Published Reserve Price: $471,271

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: Approx. 1 Acre

Building Size: Approx. 4,200 SF

Leased: 100% 

2017 Taxes: $6,334.00

PIN #: 01-26-400-029

Zoning: R-3

NOI: $37,702

Single tenant restaurant/bar with gaming license in place. Strong rental history with new lease through 2026.

ABSOLUTELY NO SOLICITATION OF THE TENANTS; ALL PROPERTY INQUIRES MUST BE PRESENTED TO AUCTIONWORKS

View Property Flyer (PDF)

View Zoning Ordinance (PDF)

View Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

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