99 Confidential Avenue

    Lake Villa, IL 60046
    • $89,000
    • STATUS: Active
    • ON SITE: 292 days
    • MLS #: 09810940
    UPDATED: 19 min ago
    $89,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,500
      SQFT
    • $36
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    Bar / tavern opportunity!!! This is an ongoing and popular bar / tavern business with a fine 2-bed apartment above it. The bar's sound system is "state of the art", there is great looking and enclosed beer garden and an efficient traffic pattern. The property is fenced, well maintained and updated. More importantly, this property is on a major state route which is only 1/2 mile of another major state route and that indicates that the property is strategically located and destined for great future. Opportunities for improvement are many, but just to mention only one: add video poker machines! You may also purchase entire property that includes, in addition to this fine ongoing and popular bar / tavern business with a fine 2-bed apartment above it, a single great 3-bed house in adjacent lot. Total square footage of entire land is about 1.5 acres (MLS Listing #09810926). Moreover, there are three Olympic class volleyball courts, 12,000 sq. ft. of pristine sand.

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    © 2018 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 the MLS or Ani Real Estate. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Ani Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. 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. Data last updated: 2018-09-21T15:55:22.923.

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    www.anirealestate.com/homes/79122101

    99 Confidential Avenue Lake Villa, IL 60046

    • Price: $89,000
    • Status: Active
    • Updated: 19 min ago
    • MLS #: 09810940
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,500
    SQFT
    $36
    $/SQFT
    Neighborhood:
    Lake Villa / Lindenhurst
    County:
    Lake
    Area:
    Lake Villa / Lindenhurst
    Property Description
    Bar / tavern opportunity!!! This is an ongoing and popular bar / tavern business with a fine 2-bed apartment above it. The bar's sound system is "state of the art", there is great looking and enclosed beer garden and an efficient traffic pattern. The property is fenced, well maintained and updated. More importantly, this property is on a major state route which is only 1/2 mile of another major state route and that indicates that the property is strategically located and destined for great future. Opportunities for improvement are many, but just to mention only one: add video poker machines! You may also purchase entire property that includes, in addition to this fine ongoing and popular bar / tavern business with a fine 2-bed apartment above it, a single great 3-bed house in adjacent lot. Total square footage of entire land is about 1.5 acres (MLS Listing #09810926). Moreover, there are three Olympic class volleyball courts, 12,000 sq. ft. of pristine sand.
    Exterior Features

    Approx Land Sq Footage 2000 Construction Concrete BlockWood Frame Frontage Access State Road Land Amenities Other Location Central Business DistrictFree Standing/Urban Lot Dimensions 132 X 297 Lot Sq Ft 39204 Number Of Parking Spaces 40 Waterfront YN No

    Interior Features

    Air Conditioning Central Air Miscellaneous Inside Public Restroom/S Number Of Stories 2 Outdoor Parking 19-30 SpacesPaved

    Property Features

    Adj Net Inc Expense Source Owner Projection Adjusted Net Income 999 Ann Rnt Expense Source Owner Projection Annual Rent For Real Estate 999 Business Age 11+ Years Business Type Bar/Lounge/Nite ClubFood And Beverage Corporate Limits Lake Villa Cost Of Goods Expense Source Owner Projection Cost Of Goods Sold 999 Cost Of Goods Year 2015 Current Use CommercialOther Gross Payroll 999 Gross Payroll Expense Source Owner Projection Gross Payroll Year 2015 Gross Profit 999 Gross Profit Expense Source Owner Projection Gross Profit Year 2015 Gross Sales Ann Expense Source Owner Projection Gross Sales Ann Year 2015 Gross Sales Annual 999 Heat Ventilation Forced AirGas Inventory 999 Inventory Expense Source Owner Projection Inventory Year 2015 Known Encumbrances None Known Living Quarters AvailablePossibleIncludedOther (See Remarks) Miscellaneous Outside PatioSatellite DishSecurity LightingSecurity SystemStorms And Screens (As Exist)Tenant SignageOther Net Operating Income Year 2015 Net Profit 999 Net Profit Source Owner Projection Possession Closing Potential Use CommercialLiquor LicenseRetailOther Property Offered For Sale Only Real Estate Included YN No Seating Capacity 41-50 Seller Will Create Paper Tax Year 2016 Taxes 8860 Tenant Pays Air ConditioningCommon Area MaintenanceElectricHeatReal Property TaxesInsuranceRepairs And MaintenanceVaries By Tenant Total Op Exp Year 2015 Total Op Expense Source Owner Projection Total Operating Expenses 999 Type Of Lease Net Lease Zoning Type Commr

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of Realpoul Realty.


    © 2018 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 the MLS or Ani Real Estate. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Ani Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. 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. Data last updated: 2018-09-21T15:55:22.923.

    Digital Millennium Copyright Act
     
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