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4911 W Elm Street McHenry, IL 60050 Commercial - Investment New

New - 16 Hours Ago
  • 4911 W Elm Street , McHenry, IL 60050 Main Photo

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Description

This commercial building in the heart of McHery is ready for you to be your boss with this long time favorite restaurant...You could serve sub sanwiches, Italian beefs, hot dogs, hamburgers, and more....How about the Ice Cream Shop and cater to the ice cream lovers!! Price includes all equipment ie: freezers, ice makers, exterior signage, and mechanical/appliances, including the International cold storage freezer that stands next to building for easy access. Everything you will need to start your business! Brand new kitchen area with new grill to accommodate your customers special requests....Remodeled bathrooms are now up to code for handicap users.... Call Dennis Drake for complete list of equipment. This gem includes almost 1,900 sq ft of restaurant and prep space + 1,100 sq ft in basement with a 2nd kitchen, storage, office, bathroom, and laundry facilities. The list includes extra new water heater, extra A/C units, and commercial stainless steel display cases for the ice cream sales and prep work. 1st class operation with this property. 2 bathrooms in restaurant + 1 in basement for a total of 3 bathrooms. New roof in 2023. Some outdoor seating available. 120 frontage ft on Route 120 and on .42 acres. Annual average daily traffic counter per IDOT is 18,800 cars. Huge sign along busy Route 120 to advertise your business!! Many more new features in this remodeled building with over $100,000 in recent improvements ....Extra storage in the detached building ...Large walk in freezer too for the ice cream storage etc....By appointment only...

Property Highlights

Property Type: Commercial - Investment
Building Description: 1.0 stories

General Information

County: McHenry
Listed By:
Century 21 Integra 815-344-1033
MRED MLS
$430,000
Est. $2,897/mo
New to the Market New
SQUARE FEET3,039 MLS#12757376
STATUSNew PROPERTY TYPECommercial - Investment

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Ruhl&Ruhl Realtors
563.441.1776

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4911 W Elm Street , McHenry, IL 60050.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $430,000$430,000$430,000
Down Payment $86,000$15,050$107,500
Monthly Mortgage Amount $2,174$2,669$2,700
Taxes $598$598$598
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$189$0
Monthly Estimated Total $2,897$3,581$3,423

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