835 River Street

    Aurora, IL 60506
    • $849,000
    • STATUS: Active
    • ON SITE: 84 days
    • MLS #: 10490289
    UPDATED: 37 min ago
    $849,000
    • 0
      BEDS
    • .50-.99 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,136
      SQFT
    • $271
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    This is a building, land and complete Spanish cuisine restaurant. It is well established with many regulars. Open for lunch and dinner serving a wide range of specialty dishes. Upside opportunity to add additional menu items, gaming and other entertainment. Offer comes as a fully equipped ongoing business and can be revenue producing on close day.

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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 2019-11-12T07:50:33.277 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/98105184

    835 River Street Aurora, IL 60506

    • Price: $849,000
    • Status: Active
    • Updated: 37 min ago
    • MLS #: 10490289
    0
    Beds
    0
    Baths
    0
    ½ Baths
    .50-.99 Acre
    Acres
    3,136
    SQFT
    $271
    $/SQFT
    Neighborhood:
    Aurora / Eola
    County:
    Kane
    Area:
    Aurora / Eola
    Property Description
    This is a building, land and complete Spanish cuisine restaurant. It is well established with many regulars. Open for lunch and dinner serving a wide range of specialty dishes. Upside opportunity to add additional menu items, gaming and other entertainment. Offer comes as a fully equipped ongoing business and can be revenue producing on close day.
    Exterior Features

    Approx Land Sq Footage 3136 Construction Concrete Block Frontage Access City Street Location Mixed Use Area Lot Dimensions 87' X 236' X 79 X199' Lot Sq Ft 17166 Number Of Parking Spaces 40 Roof Coverings Shingle Composition Waterfront YN No

    Interior Features

    Air Conditioning Central Air Miscellaneous Inside Handicapped AccessHandicapped Equip Washroom/SPrivate Restroom/S Number Of Stories 1 Outdoor Parking 31-50 Spaces

    Property Features

    Adj Net Inc Expense Source Owner Projection Adjusted Net Income 65000 Ann Rnt Expense Source Owner Projection Annual Rent For Real Estate 36000 Business Age 11+ Years Business Type Food And BeverageRestaurant Corporate Limits Aurora Cost Of Goods Expense Source Owner Projection Cost Of Goods Sold 40000 Cost Of Goods Year 2018 Current Use Commercial Electrical Service 201-600 Amps Food Beverage Type RestaurantEthnic Gross Payroll 240000 Gross Payroll Expense Source Owner Projection Gross Payroll Year 2018 Gross Profit 67000 Gross Profit Expense Source Owner Projection Gross Profit Year 2018 Gross Sales Ann Expense Source Owner Projection Gross Sales Ann Year 2018 Gross Sales Annual 880000 Heat Ventilation Central Heat/Indiv Controls Inventory 6000 Inventory Expense Source Owner Projection Inventory Year 2018 Known Encumbrances None Known Lease Expires 2025-11-30T06:00:00 Living Quarters None Miscellaneous Outside Handicapped AccessSecurity LightingSecurity SystemTenant Signage Net Operating Income Year 2018 Net Profit 78000 Net Profit Source Owner Projection Number Of Emp Full Time 6 Number Of Emp Part Time 4 Possession Closing Potential Use CommercialLiquor LicenseResidential-Multi-FamilyResidential-Single FamilyRetail Property Offered For Sale Only Proprietary Info DemographicsSurvey ExistingTax BillTraffic Counts Real Estate Included YN Yes Sale Terms Conventional Seating Capacity 41-50 Tax Year 2018 Taxes 12077 Tenant Pays Air ConditioningCommon Area MaintenanceElectricHeatJanitorialReal Property TaxesInsuranceRepairs And MaintenanceRoofScavengerStructureWater/SewerCooking Gas Total Op Exp Year 2018 Total Op Expense Source Owner Projection Total Operating Expenses 700000 Type Of Lease None Type Ownership Business Corporation Unincorporated YN No Utilities To Site Electric To SiteGas To SiteSanitary Sewer To SiteWater-MunicipalWater To Site Zoning Type Commr

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Inland Real Estate Brokerage.


    © 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 2019-11-12T07:50:33.277 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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