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Price Reduced by 100k 69 Washington St 4,800 SF Retail Building Fox Lake, IL 60020 $541,035 CAD ($112.72 CAD/SF)
Investment Highlights
- Ample parking
- Add more gaming machines
- Five individual parcels
- 15 foot hood
- Ample storage space
- Great redevelopment opportunity
Executive Summary
Seize this exceptional opportunity to own a 4,707 sq. ft. restaurant property on a spacious 0.77-acre lot spanning five separate parcels, offering flexibility, room for growth, and exciting redevelopment potential. Fully equipped and ready for your culinary vision, the property features a 15-foot commercial hood, a walk-in cooler, multiple stand-alone freezers, a dedicated prep area, and a welcoming dining space that seats 110 guests, complete with a fully-stocked bar and a gaming area with four machines (expandable to six). Additional perks include a bonus upstairs space ideal for an office or storage and ample parking across the five parcels to ensure convenience for guests. With its prime location, thoughtful layout, and endless possibilities, this property is perfect for restaurateurs or developers looking to bring their vision to life.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
4,800 SF
Building Class
C
Year Built
1947
Price
$541,035 CAD
Price Per SF
$112.72 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.14
Lot Size
0.77 AC
Zoning
B-2 - Community Business District
Parking
32 Spaces (6.67 Spaces per 1,000 SF Leased)
Frontage
254’ on Washington st
Amenities
- Restaurant
- Signage
- Storage Space
- Monument Signage
- Air Conditioning
Somewhat walkable
30/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $160,744 CAD | |
| Land Assessment | $64,609 CAD | Total Assessment | $225,353 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$64,609 CAD
Improvements Assessment
$160,744 CAD
Total Assessment
$225,353 CAD
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Price Reduced by 100k | 69 Washington St
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