1501 S IL Route 31 - Restaurant FOR SALE


Mchenry, IL 60050- Liberty Square
$1,500,000 USD
630-546-4276
1501 S IL Route 31, Mchenry, IL for Sale
$1,500,000 USD
Restaurant - FOR SALE
1/7
null | Request Cap Rate

1501 S IL Route 31
Mchenry, IL 60050
Liberty Square


HIGHLIGHTS

  • Currently - Furnished Restaurant w/ Commercial Kitchen & Wood Fired Brick Oven
  • Versatile Building/Layout - Can Accommodate Many Other Uses
  • Well-Maintained Building, 2003 Construction, 9,556 Square Feet
  • Located Near Hotel, Many Retailers, McHenry Community College & Northwestern Medicine McHenry Hospital
  • Route 31 Frontage w/ Ample Parking - 22,900 Vehicles Per Day

OVERVIEW

Fortino Real Estate Group is pleased to present 1501 S IL Route 31 in McHenry, IL. This turn-key restaurant space, built in 2003, spans 9,556 square feet and sits on a generous 1.59-acre lot. It boasts a fully equipped commercial kitchen with a wood fire pizza oven, making it an ideal choice for a new or expanding restaurant venture. The ample parking and proximity to hotel accommodations enhance its appeal, while the nearby large chain retailers such as Walmart, Kohl’s, and Home Depot drive consistent foot traffic to the area. McHenry, a suburban city within the Chicago-Naperville-Elgin metro area, offers a robust market environment. The property benefits from a strategic location just a 10-minute drive from downtown McHenry and close to key amenities like the Northwestern Medicine McHenry Hospital and McHenry Community College. The area shows promising demographic trends with population and household growth expected to continue. This, combined with the property’s excellent frontage on State Route 31 and a favorable walk score, positions it as a highly attractive investment opportunity for prospective buyers. Additionally, the property enjoys high visibility with a daily traffic count of 22,900 vehicles, ensuring a steady flow of potential customers.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$157 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

93

LAND DETAILS

LAND ACRES

1.59 AC

LAND SF

69,260 SF

ZONING

C

APN/PARCEL ID

14-10-253-021

ASK ABOUT THIS PROPERTY

Adam FortinoKeller Williams CommercialMore Info
630-546-4276

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Adam FortinoKeller Williams CommercialMore Info
630-546-4276

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