Julisa Pineda
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
Proud to present a rare turn-key restaurant and bar opportunity at 10 W Grand Avenue in the heart of Lake Villa. This beautifully built-out establishment is perfectly positioned to capture a market characterized by high household incomes and a significant demand for new dining options. The interior features a large rectangular bar designed for high-volume service, fully decked out with multiple televisions and a professional commercial equipment package ready for immediate profit. The layout provides seating for 100 guests in the main dining area plus a private dining room that accommodates up to 12 for intimate events or corporate meetings. Behind the scenes, the property boasts a large and exceptionally clean kitchen designed for speed and high table turnover. The beverage program is supported by walk-in coolers and a professional glycol tap system to ensure perfect pours every time. A central AV control system manages all music and television displays throughout the building. This is an ideal setup for a savvy proprietor looking to skip the build-out phase and move directly into operations in an underserved area.
Property Highlights
Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1955
General Information
County: Lake
Listed By:
Baird & Warner
847-367-1855
MRED MLS
MLS ID: 12591590
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10 W Grand Avenue, Lake Villa, IL 60046.
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563-441-1862
toll free 866-441-1862
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| Loan Type | FHA 30 Year Fixed | 15 Year Fixed | VA 30 year fixed |
| Purchase Price | $1,100,000 | $1,100,000 | $1,100,000 |
| Down Payment | $38,500 | $275,000 | $0 |
| Monthly Mortgage Amount | $6,563 | $6,796 | $6,827 |
| Taxes | $1531 | $1531 | $1531 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $660 | $0 | $0 |
| Monthly Estimated Total | $9,075 | $8,648 | $8,679 |
Julisa Pineda
REALTOR®
Cell: (563) 499-0034
Muscatine Office
226 East 2nd Street
Muscatine, IA 52761
(563) 264-0240
Muscatine, IA 52761
(563) 264-0240
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