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Formerly Le Vichyssois 220RR-L-IL-PM 220 Rand Rd 5,200 SF of Retail Space Available in Lakemoor, IL 60051



Highlights
- Long-Established 5,200 SqFt Freestanding Restaurant Lakemoor, IL
- Equipped - Recently Remodeled - 80 Seats + Fenced-In Patio - 40 Parking Spaces - On Rand Rd (Route 120) With 22,000 VPD
- Route 120 Connects The Property With Surrounding Communities Including McHenry, Volo, Fox Lake, Wauconda, Round Lake & The Greater Chain O'Lakes Area
- Space For Lease $5,200/Mth + CAM + Taxes - Asking $15,000 (Key Money)
- Along Rand Rd (Route 120) - The Property Benefits From Exposure To One Of The Area's Principal E-W Commercial Corridors
- Just 2 Miles W Of The Major Route 120 & Route 12 Commercial Intersection - One Of The Area's Primary Retail Nodes
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,200 SF | Negotiable | $16.62 CAD/SF/YR $1.39 CAD/SF/MO $86,437 CAD/YR $7,203 CAD/MO | Triple Net (NNN) |
1st Floor
Key Money $15,000 Prime retail space in a one-story freestanding restaurant building. Boasts great signage, high visibility, ample parking, and heavy vehicle traffic. Strategically positioned directly along Rand Rd (Route 120) in Lakemoor, the property benefits from exposure to one of the area's principal east-west commercial corridors. Route 120 connects the property with surrounding communities including McHenry, Volo, Fox Lake, Wauconda, Round Lake, and the greater Chain O'Lakes area, creating the potential to draw customers from well beyond Lakemoor itself. The property is just 2 miles west of the major intersection of Routes 120 and 12, one of the area's primary retail nodes. That intersection has grown substantially with major retail and restaurant development anchored by Woodman's Food Market and an expanding collection of national and regional concepts. Plus, Lakemoor continues to actively encourage commercial development along Route 120, with the Village identifying the corridor as an important commercial and development area serving a growing northwest suburban population. Existing FF&E: 12ft commercial hood w/Ansul fire-suppression system Double-stack convection oven 2-door tabletop cooler 3-door/2-drawer cooler Walk-in cooler Stainless-steel prep tables Vegetable/prep sink 3-compartment sink Dining tables & chairs
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Central Air Conditioning
- Freezer Space
- Free Standing
- Fully Equipped
- 80 Seats
- 40 Parking Spacea
- Patio
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 5,200 SF | Gross Leasable Area | 5,200 SF |
| Property Type | Retail | Year Built/Renovated | 1925/2023 |
| Property Subtype | Restaurant | Parking Ratio | 7.57/1,000 SF |
| Total Space Available | 5,200 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 5,200 SF |
| Year Built/Renovated | 1925/2023 |
| Parking Ratio | 7.57/1,000 SF |
About the Property
Long-Established 5,200 SqFt Freestanding Restaurant Lakemoor, IL - For Lease! "Equipped - Recently Remodeled - 80 Seats + Fenced-In Patio - 40 Parking Spaces - On Rand Rd (Route 120) With 22,000 VPD" Listing Summary: Rare opportunity to lease a built-out and equipped freestanding restaurant along heavily traveled Route 120 in the growing Lakemoor/McHenry County market. Skip the substantial time, cost and uncertainty associated with converting raw retail space into a restaurant! This 5,200 sqft freestanding restaurant is already configured for foodservice use and offers an existing commercial kitchen with a large exhaust hood & walk-in cooler, dining room furniture, fenced-in patio, prominent signage and 40 parking spaces. The property is immediately available for a new tenant, creating an outstanding opportunity for an experienced independent operator, growing restaurant group or established concept looking to enter or expand within the northwest suburban market. Property Highlights: - 5,200 sqft freestanding restaurant - On 0.74 acres - Highly visible location on Rand Rd (Route 120) - Commercial zoning - Interior beautifully remodeled in 2023 - 80 indoor seats (multiple dining areas) - Fenced-in patio providing additional seating - 40 parking spaces - Existing illuminated pylon signage - Established restaurant location with 4 decades of foodservice history - Can add liquor & video gaming - Recently operated as Lakemoor Diner - Previously home to the well-known Le Vichyssois - operated at the location for 38 years - Existing landlord-owned restaurant equipment is available for tenant's use - Landlord is willing to paint the building exterior in the tenant's choice of color, providing a new operator the opportunity to create its own identity One of the property's greatest advantages is its existing restaurant infrastructure. Rather than starting with an empty commercial shell and investing heavily in kitchen improvements, ventilation, refrigeration, plumbing, dining furniture and related restaurant infrastructure, a new tenant can capitalize on an already established foodservice facility. Existing FF&E: - 12ft commercial hood w/Ansul fire-suppression system Double-stack convection oven - 2-door tabletop cooler - 3-door/2-drawer cooler - Walk-in cooler - Stainless-steel prep tables - Vegetable/prep sink - 3-compartment sink - Dining tables & chairs - Existing restaurant fixtures & infrastructure For a restaurant operator comparing this opportunity with constructing a new restaurant from raw retail space, the combination of an existing commercial kitchen, hood system, refrigeration, dining area, furniture, patio, parking and signage can represent significant potential savings in both startup capital and opening time. Bring your concept here! Location: Prime retail space in a one-story freestanding restaurant building. Boasts great signage, high visibility, ample parking and heavy vehicle traffic. Strategically positioned along Rand Rd (Route 120) in Lakemoor, the property benefits from exposure to one of the area's principal east-west commercial corridors. Route 120 connects the property with surrounding communities including McHenry, Volo, Fox Lake, Wauconda, Round Lake and the greater Chain O'Lakes area, creating the potential to draw customers from well beyond Lakemoor itself. The property is just 2 miles west of the major Route 120 and Route 12 commercial intersection, one of the area's primary retail nodes. That intersection has grown substantially with major retail and restaurant development anchored by Woodman's Food Market and an expanding collection of national and regional concepts. Plus, Lakemoor continues to actively encourage commercial development along Route 120, with the Village identifying the corridor as an important commercial and development area serving a growing northwest suburban population. Lease Information: Leased space - cheap $5,200/mth ($12 sqft) + CAM + taxes. Landlord will provide a new lease with options. Square Feet: 5,200. Seating: 80 Inside + Fenced-In Patio. Days/Hrs of Operation: Currently closed. Value of FF&E: Not Included In Asking Price (Owned By Landlord). Seller Financing Available: No. Reasons for Selling: Available. Competition/Market: A rare 2nd-generation opportunity in an established restaurant location – former home of Lakemoor Diner and longtime Le Vichyssois for almost 4 decades. The property's size, parking, existing kitchen infrastructure and flexible freestanding configuration make it suitable for a wide variety of concepts. Plus, the fenced patio offers additional potential for seasonal outdoor dining. Much of the fundamental restaurant infrastructure is already in place. A new tenant can focus on branding the building, tailoring the kitchen to its menu with additional equipment and creating a new restaurant concept rather than beginning with an empty shell. Growth & Expansion: A strong and growing trade area. The Lakemoor commercial market benefits from a substantial surrounding customer base encompassing portions of both McHenry and Lake Counties. The greater Lakemoor market area reaches 94,000+ residents within 5 miles, while the Route 120/Route 12 intersection boasts more than 55,000 vehicles per day combined. Continued residential and commercial development throughout Lakemoor, Volo and surrounding communities is adding additional households, consumers and traffic to the trade area. The nearby Route120/Route 12 commercial district has attracted numerous national and regional businesses and restaurant concepts, demonstrating continued retailer and restaurant interest in the Lakemoor market. Feel free to stop by the location first. If interested, please email Pat Mahoney at Pat@eatz-associates.com or call 847-208-9569 for more information. Showings by appointment only. Listed by Pat Mahoney & Tom Traina at EatZ & Associates/EatZ Real Estate Group LLC
- Courtyard
- Pylon Sign
- Restaurant
- Air Conditioning
Presented by
Formerly Le Vichyssois 220RR-L-IL-PM | 220 Rand Rd
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