999 Confidential Street

    Crystal Lake, IL 60014
    • $649,900
    • STATUS: Active
    • ON SITE: 137 days
    • MLS #: 10395009
    UPDATED: 34 min ago
    $649,900
    • 0
      BEDS
    • .50-.99 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,000
      SQFT
    • $325
      $/SQFT
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    Confidential Sale! Owner is retiring after 50 years in business. Approximate 2,000 SF fast food restaurant building with 44 seat dining area. Situated on hard corner at signalized intersection. High Profile Location with State Highway frontage and 30,000 VPD passing the site. Ideal opportunity for new restaurant/fast food concept or alternative retail/office use requiring excellent street exposure. Property consists of .60 acres (3 separate parcels), 33+ parking spaces, large pylon sign, and multiple curb cuts. Potential to add drive thru/pick up window and increase parking lot area. ASKING PRICE IS BASED ON REAL ESTATE VALUE ONLY (NO BUSINESS FINANCIALS ARE AVAILABLE). However existing FF&E can be conveyed as part of property sale.

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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 2019-10-13T15:50:56.24 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/95267986

    999 Confidential Street Crystal Lake, IL 60014

    • Price: $649,900
    • Status: Active
    • Updated: 34 min ago
    • MLS #: 10395009
    0
    Beds
    0
    Baths
    0
    ½ Baths
    .50-.99 Acre
    Acres
    2,000
    SQFT
    $325
    $/SQFT
    Neighborhood:
    Crystal Lake / Lakewood / Prairie Grove
    County:
    McHenry
    Area:
    Crystal Lake / Lakewood / Prairie Grove
    Property Description
    Confidential Sale! Owner is retiring after 50 years in business. Approximate 2,000 SF fast food restaurant building with 44 seat dining area. Situated on hard corner at signalized intersection. High Profile Location with State Highway frontage and 30,000 VPD passing the site. Ideal opportunity for new restaurant/fast food concept or alternative retail/office use requiring excellent street exposure. Property consists of .60 acres (3 separate parcels), 33+ parking spaces, large pylon sign, and multiple curb cuts. Potential to add drive thru/pick up window and increase parking lot area. ASKING PRICE IS BASED ON REAL ESTATE VALUE ONLY (NO BUSINESS FINANCIALS ARE AVAILABLE). However existing FF&E can be conveyed as part of property sale.
    Exterior Features

    Approx Land Sq Footage 2000 Frontage Access City StreetSignal IntersectionState Road Location CornerMixed Use AreaFree Standing/Urban Lot Dimensions 66 X 265 X 66 X 66 X 132 X Lot Sq Ft 26136 Number Of Parking Spaces 33 Waterfront YN No

    Interior Features

    Air Conditioning Central Air Number Of Stories 1

    Property Features

    Adj Net Inc Expense Source Owner Projection Adjusted Net Income 000 Ann Rnt Expense Source Owner Projection Annual Rent For Real Estate 000 Business Age 11+ Years Business Type Restaurant Corporate Limits Crystal Lake Cost Of Goods Expense Source Owner Projection Cost Of Goods Sold 000 Cost Of Goods Year 2019 Current Use Commercial Electrical Service Other/Unknown Food Beverage Type Fast Food/Drive-In Gross Payroll 000 Gross Payroll Expense Source Owner Projection Gross Payroll Year 2019 Gross Profit 000 Gross Profit Expense Source Owner Projection Gross Profit Year 2019 Gross Sales Ann Expense Source Owner Projection Gross Sales Ann Year 2019 Gross Sales Annual 000 Heat Ventilation Forced Air Inventory 000 Inventory Expense Source Owner Projection Inventory Year 2019 Known Encumbrances None Known Net Operating Income Year 2019 Net Profit 000 Net Profit Source Owner Projection Possession Closing Potential Use CommercialOffice And ResearchRetail Property Offered For Sale Only Real Estate Included YN Yes Tax Year 2018 Taxes 12373 Tenant Pays Varies By Tenant Total Op Exp Year 2019 Total Op Expense Source Owner Projection Total Operating Expenses 000 Type Of Lease None

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Blue Chip Commercial Real Estate, Llc.


    © 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 2019-10-13T15:50:56.24 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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