Antioch, ILCommercial
Antioch, IL
Sold
This asset has sold for $425,000. The record stays published — the terms, the photography and the process are the evidence for how the next one gets handled.
10 photographs — scroll the strip or choose a frame below.
SOLD
FOR SALE/NOT AUCTION
Cooperating Broker’s Commission: 2%
2015 Taxes: $23,507.00
PIN #: 02-07-400-036
Vacant freestanding retail building for sale along Route 173 in Antioch. The building is a 41,392 square foot entertainment facility featuring a 28-lane bowling alley, a lounge/bar area, an arcade, and a banquet room on the second level. The bowling lanes and much of the equipment remains in-place and will be included with the sale of the real estate.
Approximately $1.8MM in capital was injected into the facility in 2010 including a complete replacement of the roof and updating the bowling lanes with the most current bowling utilities. Pylon signage along Route 173 provides exposure to nearly 13,000 vehicles per day. Parking for up to 160 vehicles on-site. Property is bank owned.
The property is located midblock along the south side of Route 173, approximately 3 blocks west of Route 59 in Antioch. Route 173 travels east/west and average approximately 12,700 vehicles per day. The Wisconsin border is approximately 2 miles to the north.
THIS IS AN “AS IS SALE”.
This asset is no longer available. The process that sold it — the marketing, the buyer pool, the reporting a court or a credit committee will accept — is the part that transfers.
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A Comparable Mandate
This transaction is published in full because the record is the argument. If you are holding something similar — as owner, lender, receiver or counsel — that is the conversation to have.
