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118 E Main Street Round Lake Park, IL 60073
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Key Details
Sold Price $206,250
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11795853
Sold Date 07/14/23
Year Built 1967
Annual Tax Amount $12,999
Tax Year 2022
Lot Dimensions 75X115
Property Description
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.
Location
State IL
County Lake
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
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Bought with John Pantelopoulos • Callahan Blandings & Schaper