$375,000
$574,900
34.8%For more information regarding the value of a property, please contact us for a free consultation.
4,201 SqFt
SOLD DATE : 06/25/2019
Key Details
Sold Price $375,000
Property Type Commercial
Sub Type Bus / Bus w/Real Est
Listing Status Sold
Purchase Type For Sale
Square Footage 4,201 sqft
Price per Sqft $89
MLS Listing ID 10165185
Sold Date 06/25/19
Annual Tax Amount $11,546
Tax Year 2017
Lot Dimensions 35900
Property Description
Opportunity is presenting itself with this lakefront pub/restaurant/bar loaded with potential to reestablish as a "destination". Imagine lakefront dining with a southwest view of scenic Forest Lake. The 182' pier is perfect for the locals to stop by with their boats. Develop a seasonal outdoor dining/events following on the patio. Perhaps even convert the onsite garage into an outside service bar? Currently there are living quarters in addition to the commercial area, potential to convert some of the living areas into dining/gaming rooms... Zoning is currently limited commercial/split zoning that allows for both the business and living quarters/residential. Sale includes everything currently onsite in as-is/where-is condition. Note 4 Pin #'s. Former owner states paved parking area can be expanded.
Location
State IL
County Lake
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
Waterfront true
View Y/N true
Roof Type Composition
Building
Structure Type Brick,Wood Frame
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Bought with Michael Rein • Baird & Warner
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "