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11419 S Grant Highway Marengo, IL 60152
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Key Details
Sold Price $450,000
Property Type Commercial
Sub Type Bus / Bus w/Real Est
Listing Status Sold
Purchase Type For Sale
Square Footage 9,628 sqft
Price per Sqft $46
MLS Listing ID 09952896
Sold Date 05/20/20
Annual Tax Amount $16,162
Tax Year 2018
Lot Dimensions 4.89 ACRES
Property Description
Former sports bar/restaurant (Time Out) that had 5 video gaming machines until it closed. 9,628 SF restaurant with large and small dining rooms, 2,500 SF bar with 7 TV's and a separate game room. Situated on 4.89 acres with outdoor service bar, picnic tables and 2 lighted volleyball courts. Full kitchen with 2 hoods, walk in cooler and freezer. Pizza ovens, fryers, ovens, grease traps and more. (see list of FF&E). Living quarters include 1 or 2 bedroom, 1 bath apartment. Huge paved parking lot with monument signage. Located north of the I-90 interchange. Owner retired. Private sewage treatment plant with one acre for leach field. Asset sale only. No books or records available. Mammoth opportunity for experienced operator. Motivated owner will finance with decent down or lease with option to buy. See photos and layout.
Location
State IL
County Mc Henry
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Septic-Private, Well Private
View Y/N true
Roof Type Membrane
Building
Structure Type Steel Siding
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Bought with Heather Schweitzer • Premier Commercial Realty