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$206,250

  • Sold
  • Closed
  • Store
  • 15 Parking Spaces
See This Home
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See This Home
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Opportunity Knocks! Restaurant building with 3 rental units now available for sale. The vacant restaurant features 2 exhaust hoods and convenient parking. Additionally, there is a leased storefront ($1200 mo.), apartment ($900 mo.) and storage garage ($300 mo.). Within a 3-mile radius there is a population in excess of 75,000 with average household income of more than $110,000 per year. The CBD of Round Lake Park has traffic counts of 10,000 VPD. This property can be combined with the adjacent mixed-use property (124 E. Main) to enhance the investment. Offered significantly below the assessor's valuation.

Full Property Details for 118 E Main St

General

  • Sold For: $206,250
  • Taxes: $12,999 (2022)
  • Status: Closed
  • Type: Store
  • Source: MRED
  • MLS ID: 11795853
  • Added to Site: 1, 036 day(s) ago

Parking

  • Total Spaces: 15

Location

  • Area: Round Lake Beach / Round Lake / Round Lake Heights / Round Lake Park
  • County: Lake
  • Driving Directions: From IL 120 & IL 134, west on IL 134 to property
  • Location Details: North Suburban

Heating & Cooling

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

Structural Information

  • Stories/Levels: 2
  • # of Stores: 2
  • Year Built: 1967
  • Built Before 1978: Yes

Lot Features

  • Lot Size (Sq. Ft.): 8,625
  • Lot Dimensions: 75 x 115

Financial Considerations

  • Assessment Year: 1967
  • Tax Amount: $12,999
  • Tax Year: 2022
  • Tenant Pays: Varies by Tenant

Disclosures and Reports

  • Property ID: 6283020240000

Listed by Callahan Blandings & Schaper
Sold by Callahan Blandings & Schaper

Listing agents

— 118 E Main St —

  • Callahan Blandings & Schaper

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 118 E Main St

School District:Round Lake Community Unit School District 116
NameGradesDistance
W J Murphy Elementary School
220 Greenwood Drive, Round Lake Park, IL 60073
1-50.4 mi
Magee Middle School
500 North Cedar Lake Road, Round Lake, IL 60073
6-80.9 mi
Round Lake Senior High School
800 High School Dr, Round Lake, IL 60073
9-121.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 118 E Main St

Date
Details
Price
Change
Source
7/14/2023
Sold
$206,250
-31.23%
MLS
5/31/2023
Listed
$299,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Callahan Blandings & Schaper
Sold by Callahan Blandings & Schaper

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Listed by Terry Dahlem

118 E Main Street, Round Lake Park, IL 60073 (MLS# 11795853) is a Store property that was sold at $206,250 on July 14, 2023. Want to learn more about 118 E Main Street? Do you have questions about finding other Store real estate for sale in Round Lake Park? You can browse all Round Lake Park real estate or contact a Coldwell Banker agent to request more information.