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$790,000

  • For Sale
  • Active
  • Commercial
  • 4,428 Sq. Ft.
  • Updated 2 days ago
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*** OWNER FINANCING AVAILABLE *** Seize this incredible opportunity with a versatile 2-story, 4,428 sqft mixed-use building on a 0.49 acre lot! This property features retail space, warehouse/garage space, and residential apartments. The 2,400 sqft restaurant/bar with 81' frontage on Northwest Hwy is fully equipped with a kitchen that includes a pizza oven, hood with an Ansul system, stove, fryers, walk-in cooler, and grease trap. Additionally, there's a full 1,235 sqft basement for extra storage. The property also boasts three residential apartments on the second floor: two 2-bed/1-bath units and one 1-bed/1-bath unit. The 1,400+- warehouse/garage area includes another 1-bed/1-bath apartment. Situated in a high-traffic commercial corridor, this location is surrounded by nationally recognized retailers and restaurants, and is close to office space, schools, recreation, and transportation.

Full Property Details for 700 Northwest Hwy

General

  • Price: $790,000
  • Taxes: $22,722 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12290150
  • Updated: 1/15/2026
  • Added to Site: 283 day(s) ago

Additional Information

  • Security/Safety: Ansul System

Location

  • Area: Fox River Grove
  • County: McHenry
  • Driving Directions: On Route 14. East of School St.
  • Location Details: Northwest Suburban, Central Business District

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air, Gas

Utilities

  • Water: Municipal Water
  • Onsite: Electricity to Site, Natural Gas Available, Sewer Connected

Structural Information

  • Construction: Block
  • Exterior Const.: Block
  • Stories/Levels: 2
  • Square Feet: 4,428
  • Current Bldg. Use: Commercial
  • # of Stores: 1
  • Year Built: 2000

Lot Features

  • Lot Size (Sq. Ft.): 21,674
  • Lot Dimensions: .5 ACRE
  • Frontage: State Road
  • Potential Use: Commercial, Office, Multi-Family, Retail
  • Zoning: COMMR

Financial Considerations

  • Security Deposit: Ansul System
  • Assessment Year: 2000
  • Tax Amount: $22,722
  • Tax Year: 2023
  • Tenant Pays: Air Conditioning, Electricity, Heat, Scavenger, Sewer, Varies by Tenant

Disclosures and Reports

  • Property ID: 2020130021

Listed by Parkvue Realty Corporation

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Listing agents

— 700 Northwest Hwy —

  • Parkvue Realty Corporation

  • Parkvue Realty Corporation

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 700 Northwest Hwy

School Districts:Fox River Grove Consolidated School District 3, Community High School District 155
NameGradesDistance
Fox River Grove Middle School
401 Orchard Street, Fox River Grove, IL 60021
5-80.1 mi
Algonquin Road Elementary School
975 Algonquin Road, Fox River Grove, IL 60021
PK-40.8 mi
Cary-Grove Community High School
2208 Three Oaks Road, Cary, IL 60013
9-122.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 700 Northwest Hwy Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/09/2026
Price Reduced
$790,000
-4.82%
MLS
7/09/2025
Price Reduced
$830,000
-5.68%
MLS
6/09/2025
Price Reduced
$880,000
-5.38%
MLS
5/09/2025
Price Reduced
$930,000
-5.1%
MLS
4/09/2025
Listed
$980,000
—
MLS
Get Price Alerts and Save Property
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 for 700 Northwest Hwy

Year
Property Taxes
Change
Tax Assessment
Change
2024
$23,458
3%
$244,758
12%
2023
$22,722
100%
$218,906
11%
2022
-100%
$197,569
7%
2021
$19,165
—
$184,059
4%
2021
$19,165
5%
$177,543
4%
2019
$18,236
-6%
$169,930
6%
2017
$19,305
-8%
$160,085
-2%
2016
$20,886
1%
$163,861
7%
2015
$20,658
6%
$153,687
-10%
2018
$19,541
-4%
$169,930
16%
2014
$20,368
1%
$146,411
-4%
2013
$20,102
2%
$152,862
-6%
2012
$19,773
—
$162,949
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Parkvue Realty Corporation

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700 Northwest Highway, Fox River Grove, IL 60021 (MLS# 12290150) is a Commercial property. 700 Northwest Highway is currently listed for $790,000 and was received on April 09, 2025. Want to learn more about 700 Northwest Highway? Do you have questions about finding other Commercial real estate for sale in Fox River Grove? You can browse all Fox River Grove real estate or contact a Coldwell Banker agent to request more information.

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