14929 Archer Avenue

    Lockport, IL 60441
    • $949,900
    • STATUS: Active
    • ON SITE: 778 days
    • MLS #: 09709589
    UPDATED: 65 min ago
    $949,900
    • 0
      BEDS
    • 1.0-1.99 Acres
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,000
      SQFT
    • $119
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    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!

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    © 2019 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 Property Consultants Realty. Based on information submitted to the MRED as of 2019-09-20T10:52:48.993 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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    www.propertyconsultants.com/homes/75451689

    14929 Archer Avenue Lockport, IL 60441

    • Price: $949,900
    • Status: Active
    • Updated: 65 min ago
    • MLS #: 09709589
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.0-1.99 Acres
    Acres
    8,000
    SQFT
    $119
    $/SQFT
    Neighborhood:
    Homer / Lockport
    County:
    Will
    Area:
    Homer / Lockport
    Property Description
    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!
    Exterior Features

    Approx Land Sq Footage 8000 Lot Dimensions 230X116X134X150X63X174X51 Lot Sq Ft 46000 Number Of Parking Spaces 50

    Interior Features

    Air Conditioning Central Air Number Of Stories 1 Outdoor Parking 31-50 Spaces

    Property Features

    Adj Net Inc Expense Source Broker Projection Adjusted Net Income 44591 Ann Rnt Expense Source Actual Annual Rent For Real Estate 0 Business Age 11+ Years Business Type Bar/Lounge/Nite Club Cost Of Goods Expense Source Broker Projection Cost Of Goods Sold 101000 Cost Of Goods Year 2016 Current Use Commercial Estimated Cam SF 0 Food Beverage Type RestaurantFine DiningGrill Gross Payroll 0 Gross Payroll Expense Source Actual Gross Payroll Year 2016 Gross Profit 71591 Gross Profit Expense Source Broker Projection Gross Profit Year 2016 Gross Sales Ann Expense Source Broker Projection Gross Sales Ann Year 2016 Gross Sales Annual 172591 Heat Ventilation Forced AirGas Inventory 0 Inventory Expense Source Broker Projection Inventory Year 2016 Known Encumbrances First Mortgage Lease Type N/A Net Operating Income Year 2016 Net Profit 44591 Net Profit Source Broker Projection Possession Closing Potential Use Commercial Property Offered For Sale Or Rent Real Estate Included YN Yes Rental Price 0 Seating Capacity 100+ Tax Year 2016 Taxes 7953 Tenant Pays Air ConditioningCommon Area MaintenanceElectricHeatInsuranceRepairs And MaintenanceScavengerWater/Sewer Total Op Exp Year 2016 Total Op Expense Source Broker Projection Total Operating Expenses 27000 Type Of Lease Gross Lease Type Ownership Business General Partnership Unincorporated YN Yes Zoning Type Commr

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Century 21 Affiliated.


    © 2019 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 Property Consultants Realty. Based on information submitted to the MRED as of 2019-09-20T10:52:48.993 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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