TITLE:
Restaurant/bar/nightclub or Redevelopment Opportunity
CONTROL:
Exclusive
VALUE:
$1,000,000
LOAN:
$0
EQUITY:
$1,000,000
TYPE:
Retail/Commercial
HAVE:
Bar/nightclub and beer garden with $$$ from video poker gaming high traffic route 30 south of Chicago near expressways. Owner just finished renovating.
WEBSITE URL:
ADDRESS:
7905 W Lincoln Hwy, Frankfort, Illinois
BENEFITS TO NEW OWNER:
-High traffic count Route 30
-Grandfathered gaming with $$$ revenue
-Adaptable Floor Plan
-Flexible use - C2 Zoning
-Redevelopment potential
-Sizable lot 2 acres
-Flex terms
-Possible seller financing
OTHER FILES:
GROSS SCHEDULED INCOME:
$500,000 Projected
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$500,000
EXPENSES:
$250,000
NOI:
$250,000
DEBT SERVICE:
$0
CASH FLOW:
$250,000
CAP RATE:
25.00%
BENEFITS SOUGHT:
Retirement - Less management
CAN ADD:
Same seller 7818 W Lincoln Hwy
REMARKS:
Lots of potential at this site and seller motivated.
COUNSELOR:
Theresa Mueller
Trelleum Real Estate
132 N Washington
Naperville, Illinois, 60540
Cell: 630-715-9999
Email info@theresamueller.com
