101 W Main St - Restaurant FOR SALE


West Dundee, IL 60118
$1,200,000 USD
630-903-1702
101 W Main St, West Dundee, IL for Sale
$1,200,000 USD
Restaurant - FOR SALE
1/9
null | 7% Cap Rate

101 W Main St
West Dundee, IL 60118


HIGHLIGHTS

  • Busy street; historic downtown; across from concert venue; public parking

OVERVIEW

The building is for sale. There is an existing tenant running the existing business paying monthly rent. This is a great investment opportunity. The area has been steadily increasing in value with many ongoing neighborhood investments and improvements. The building is fully remodeled inside and out. This business is a favorite among locals and concert goers to the music venue across the street. This building was totally remodeled from top to bottom inside and out. The decor is up to date with granite bar and counter tops, and a newly bricked outside including French style balconies with a nice view of the nearby Fox river. This location has been a restaurant/bar for more than 50 years. The menu boasts the best food in the area including family recipes with comfort food made from scratch. The location has 5 video poker gaming machines, 12 draft beer taps, and 9 large screen TVs for sporting events. There is an upstairs with an office with full bathroom, two public restrooms, and party room with bar that overlooks the historic town for party rentals, banquets, meetings, live bands, DJs and more. There is a full basement for kitchen prep, dish room, manager’s office, walk in coolers, liquor cage and storage. There is a patio for outside seating and a walk-up window for delivery and pickup. There is plenty of public parking in the full parking lot. Facilities: The building has two newly remodeled levels with 3200 square feet built in the 1930s with a lot of character both inside and out. There is an additional basement not included in the 3200 square feet. The HVAC units and most kitchen and bar equipment are new. Growth & Expansion: Advertising the upstairs Fusion Lounge for parties, banquets, catering, live bands, DJs and business meetings.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

C

APN/PARCEL ID

03-22-483-025

ASK ABOUT THIS PROPERTY

Mark JacobsJacobs Holdings LLCMore Info
630-903-1702

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Mark JacobsJacobs Holdings LLCMore Info
630-903-1702

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.