2561 County Line Road

Algonquin, IL
$ 1,199,000 Beds 0 Baths 0 Sq 7,470
Monthly Estimate* How much can I afford?

Amazing Turnkey Restaurant Opportunity in Great Location: 7,470 SF free standing, 260 seat bar/restaurant currently with Mexican motif. 62 parking spaces plus cross parking easement for additional spaces. This is an asset sale with tremendous visibility as an outlot to Algonquin Commons. Restaurant is in extremely strong trade area. The shopping center anchoring the Randall Road Corridor includes Nordstrom Rack, Dicks Sporting Goods, Trader Joes, Old Navy, DSW and more. Highly visible on the west side of Randall Road with over 40,000 vehicles passing per day. Fully functional and will be sold with all FF&E in place, including over $100,000 of business equipment including 2 hoods and walk in cooler/freezers. Seller might consider lease with option to purchase as well. Seller has license for video gaming.

Pending

  • Price
  • $ 1,199,000
  • Lot Size
  • 1.36 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 7,470
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Algonquin
  • Taxes
  • $ 33139
  • County
  • KANE
  • Style
  • Bar/Tavern/Lounge,Food & Beverage,Restaurant
  • Area
  • Algonquin
  • MLS#
  • 10840907
  • Zip
  • 60102
Listing Provided by: Premier Commercial Realty
Data Source: Midwest Real Estate Data (MRED) - 103 - IL

Features

General

Additional Parcels Y/N No
Business Type Bar/Tavern/Lounge, Food & Beverage, Restaurant
City Algonquin
Cooling Central Air
County Kane
Current Use Commercial
Days on Market 318
Directions I-90 to Randall Road. North on Randall to County Line Road
Electric Over 600 Amps, Three Phase
Lease Type N/A
Lot Size Square Feet 59145
MLS Area Algonquin
Ownership Type LLC
Possession Closing
Possible Use Commercial, Liquor License, Retail, Special Use, Other
Property Type Bus / Bus w/Real Est
Property Type Business Opportunity
Roof Other
Standard Status Pending
Status Pending
Stories 1
Street Name County Line
Tax Annual Amount 33139
Tax Year 2020
Tenant Pays Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Roof, Scavenger, Structure, Sewer
Utilities Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal
Zoning RTAIL

Interior Features

Street Suffix Road

Exterior Features

Building Area Total 7470
Lot Dimensions 141'X 415' X141'X 413'
Total Parking 62
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Naperville, IL office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/31/2020 Listed $1,290,000
6/3/2021 8% - $1,199,000

Property vs Zip Code Average in 60102

Price
AVG $420K
$1.2M
Taxes
AVG $10,601
$33,139
Visits
AVG 57
234
Walkscore
AVG 27
50
Data Provided by Walkscore ® not using MLS data

Map

2561 County Line Road Algonquin, IL is a Single Family Home for sale at $1199000 with 7470 sqft and a lot size of 1.36 Acres Acre(s). 2561 County Line Road Algonquin has 0 bedrooms, 0 baths . The property's zip code is 60102 which is in Algonquin, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.