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9999 W Algonquin Road, Algonquin, IL 60102
$250,000
9999 W Algonquin Road, Algonquin, IL 60102View this property at 9999 W Algonquin Road, Algonquin, IL 60102
9999 W Algonquin RoadAlgonquinIL60102
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Property Description
An extraordinary opportunity awaits to acquire an established breakfast and lunch restaurant in a premier location, complete with a liquor license. This turnkey establishment boasts a thriving business, inclusive of all fixtures, equipment, and a gaming room pending license approval. By installing gaming machines in our establishment, we aim to boost revenue and enhance the entertainment experience for our patrons. Ample parking for over 90 cars enhances accessibility, set on a bustling thoroughfare with high footfall. The comprehensive package encompasses the business, trade assets, and a soon-to-be-approved gaming room. The transfer of the liquor license and slot machines adds value to this enticing offer. Moreover, the zoning permits versatile usage, enhancing its potential. For serious and committed buyers, the owner is open to discussing financing options. Additionally, Personalised guidance from the current owners ensures a seamless transition and successful operation.
Full Property Details
Full Property Details for 9999 W Algonquin Rd
General
- Price: $250,000
- Taxes: (2022)
- Status: Active
- Type: Business
- MLS ID: 11950071
- Updated: 4/25/2024
- Added to Site: 132 day(s) ago
Business
- Business Type: Bar/Tavern/Lounge, Food & Beverage, Restaurant
- Years in Business: 7 to 10 Ye
Location
- Area: Algonquin
- County: Kane
- Driving Directions: Route 31 to Greenwood court to Alg
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Structural Information
- Stories/Levels: 1
Lot Features
- Potential Use: Liquor License
- Zoning: COMMR
Financial Considerations
- Lease Price: $5
- For Sale/Rent/Lease: For Rent Only
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Electricity, Heat, Insurance
Listed by @properties Christie's International Real Estate
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Schools
Schools serving 9999 W Algonquin Rd
School District:Huntley Community School District 158
Rating | Name | Grades | Distance |
---|---|---|---|
750 Academic Dr, Algonquin, IL 60102 | 3-5 | 1.4 mi | |
Mackeben Elementary School
800 Academic Dr, Algonquin, IL 60102 | K-2 | 1.5 mi | |
725 Academic Dr, Algonquin, IL 60102 | 6-8 | 1.3 mi | |
13719 Harmony Rd, Huntley, IL 60142 | 9-12 | 3.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 9999 W Algonquin Rd
Date
Details
Price
Change
Source
12/20/2023
Listed
$250,000
-78.49%
MLS
9/23/2011
Sold
$1,162,487
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 9999 W Algonquin Rd
Year
Property Taxes
Change
Tax Assessment
Change
2022
-100%
$19,332
7%
2021
$1,598
—
$18,010
4%
2021
$1,598
5%
$17,372
4%
2019
$1,527
6%
$16,627
15%
2017
$1,441
1%
$14,470
7%
2016
$1,427
1%
$13,572
7%
2015
$1,407
-4%
$12,729
-17%
2018
$1,464
6%
$15,360
27%
2014
$1,385
2%
$12,126
-4%
2013
$1,355
2%
$12,660
-6%
2012
$1,325
—
$13,495
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 9999 W Algonquin Rd
9999 W Algonquin Road, Algonquin, IL 60102 (MLS# 11950071) is a Business property. 9999 W Algonquin Road is currently listed for $250,000 and was received on December 20, 2023. Want to learn more about 9999 W Algonquin Road? Do you have questions about finding other Business real estate for sale in Algonquin? You can browse all Algonquin real estate or contact a Coldwell Banker agent to request more information.