Kate Sager
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
Great freestanding masonry commercial restaurant Retail building, In downtown Grayslake, Prime location on bustling Center Street Currently built out as a full modern restaurant and bar with a modern commercial kitchen, Features a Black iron cook area with ANSUL System, Currently leased through September, 2027. At the termination of the lease, all fixtures constructed by Lessee, including but not limited to any bars/counters where alcoholic beverages are served, and any built-in liquor cabinets and exhaust/smoke hoods, but excluding any walk-in coolers, shall at Lessor's option, remain for the benefit of the Lessor. Equipped with an expansive Commercial Kitchen, Industrial Hood, restaurant and Bar space. Guests can enjoy a vibrant atmosphere with a 50-seat dining room, 25 bar seats, Now is your chance to own a stunning, fully built-out/bar/restaurant in the heart of downtown Grayslake C-B Zoning, Building is 4702 SQ FT feet, Lot is 5820 SQ FT, 6400 (VPD) cars pass this location a day. Right near the corner of Center street & Whitney Great Visibility, Great Demographics, Bldg is completely rehabbed, & very well maintained, Updated ADA Men's and Women's Restrooms, Great signage area, classic facade, 14 FT ceilings, 200 amp electric system, very bright, modern lighting, Gas heat, Completely modern updated wiring for computer and phone system, Updated HVAC, Great potential here, Perfect for an owner user, ideal for a variety of commercial uses, Restaurant Bar, Retail, Ghost Kitchen, Professional use Office insurance, Lawyer, Real estate, Medical use, school, adult education center, Area Retailers and business include, First Draft Bar restaurant, Abel's Cantina Whitney Street Diner, Charlies Bar, The Vine - Martini & Wine Bar Romney Brown Candle Company PIN NUMBER - 0626314039 Do not bother tenant, Call listing agent for showing.
Property Highlights
Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1945
General Information
County: Lake
Listed By:
@properties Commercial
312-337-0200
MRED MLS
MLS ID: 12777259
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161 Center Street, Grayslake, IL 60030.
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $1,489,999 | $1,489,999 | $1,489,999 |
| Down Payment | $52,150 | $0 | $298,000 |
| Monthly Mortgage Amount | $9,857 | $10,512 | $8,132 |
| Taxes | $2074 | $2074 | $2074 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $895 | $0 | $0 |
| Monthly Estimated Total | $13,261 | $13,021 | $10,641 |
Kate Sager
REALTOR®
Office: (563) 242-4602
Cell: (563) 212-8603
Fax: (563) 243-4586
Licensed in IA & IL
Clinton Office
301 North Second Street
Clinton, IA 52732
(563) 242-4602
Clinton, IA 52732
(563) 242-4602
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