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Address Not Available By Request

Third Lake, IL 60030
  • $0
  • STATUS: Active
  • ON SITE: 44 Days
  • MLS #: 12112270
$0
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
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Area:

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Description

What truly sets this location apart is its untapped potential for scalability. Currently operating as a dynamic gaming lounge/bar and grill, this establishment boasts four gaming machines with the capacity to expand by an additional two, offering a unique opportunity for growth. With a liquor license valid until 2 am, indoor and outdoor dining spaces, and ample free parking, the location promises both convenience and indulgence to its patrons. Moreover, the potential for catering partnerships in the local golf course communities remains largely untapped, presenting an exciting avenue for expansion. The current licensing for gaming, food, and liquor, valid until the wee hours, ensures a seamless transition for the new owner, whether they choose to innovate on the existing concept or embark on a new culinary adventure, bar, or niche venue. With an impressive track record of $287,618.59 in wagers from April 2023 to April 2024, and with scalable potential , this business stands poised to dominate the market, offering investors a lucrative opportunity to capitalize on a thriving business in a rapidly growing community

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© 2024 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 MTP, MRED or Leila Keene | Baird & Warner. Based on information submitted to the MRED as of 2024-10-03T23:59:54.773 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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.

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Address Not Available By Request Third Lake, IL 60030

  • Price: $0
  • Status: Active
  • On Site: 44 Days
  • MLS #: 12112270
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Lake
County:
Lake
Area:
Lake
Property Description
What truly sets this location apart is its untapped potential for scalability. Currently operating as a dynamic gaming lounge/bar and grill, this establishment boasts four gaming machines with the capacity to expand by an additional two, offering a unique opportunity for growth. With a liquor license valid until 2 am, indoor and outdoor dining spaces, and ample free parking, the location promises both convenience and indulgence to its patrons. Moreover, the potential for catering partnerships in the local golf course communities remains largely untapped, presenting an exciting avenue for expansion. The current licensing for gaming, food, and liquor, valid until the wee hours, ensures a seamless transition for the new owner, whether they choose to innovate on the existing concept or embark on a new culinary adventure, bar, or niche venue. With an impressive track record of $287,618.59 in wagers from April 2023 to April 2024, and with scalable potential , this business stands poised to dominate the market, offering investors a lucrative opportunity to capitalize on a thriving business in a rapidly growing community
Exterior Features

Frontage Type US Highway Outdoor Parking 13-18 Spaces Waterfront YN No

Interior Features

Cooling Central Air Heat Ventilation Central Heat/Indiv Controls

Property Features

Adjusted Net Income 99999 Adjusted Net Income Year 2023 Annual Rent For Real Estate 999999 Business Age 1-3 Years Business Type Bar/Tavern/LoungeFood & BeverageRestaurantRetail Corporate Limits Third Lake Gross Profit Year 2023 Gross Sales Annual 9999999 Gross Sales Annual Year 2023 Location Corner Mls Actual Status Active Operating Expense 99999 Ownership Type Individual Possible Use Retail Property Offered For Rent Only Real Estate Included No Rental Price 14.86 Sale Price Includes BusinessLicense/PermitEquipmentTrade FixturesInventoryCustomer ListOwner Will TrainLease Hold InterestPhone NumberBusiness Name Tax Annual Amount 9999 Tax Year 2023 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatTaxesInsuranceSewer Type Bus / Bus w/Real Est Type Of Lease Net Lease Zoning RTAIL

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Commercial NRT: 312-860-4043.


© 2024 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 MTP, MRED or Leila Keene | Baird & Warner. Based on information submitted to the MRED as of 2024-10-03T23:59:54.773 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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.

Digital Millennium Copyright Act
 
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