1. Illinois
  2. Fox Lake
  3. 78 E Grand Avenue
$650,000

78 E Grand Avenue, Fox Lake, IL 60020

  • 7,880 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1948
  • Property Lot Size Icon0.51acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $82/sqft
  • Property List Date Icon Listed 11 months ago

Property Description

SELLER FINANCING AVAILABLE! Located in the Fox Lake downtown area, this fantastic opportunity to own a pool hall and bar with both a liquor and package license has presented itself. Property is 7,880 sf with one of the largest patio dining spaces in Fox Lake. Current owner has updated with new rolled rubber roof on pool hall (3 years), new siding (2022), new tankless water heater (3 years), new bathrooms (4 years), and new patio (3 years). The kitchen equipment has been updated with new prep cooler, new ice machine, and 2 new freezers. The interior houses two bars, one in the pool hall and the other in the dining room, with a separate gaming area alongside the main bar. The business has a full service food license, liquor license, gaming license, and packaged liquor license. Multiple revenue streams for this property include: Video Gaming, Food Sales, Liquor Sales, Packaged Liquor Sales, Owned ATM, and owned Pool Tables. All trade fixtures are included. Business is still in operation, confidential do not contact employees.

Listing Status:
Active
Listing Office:
Brian Malnati : 847-477-7598
Listing Agent:
Lisa Rabe : 847-477-7598
MLS ID:
12127269
  • A/C: Central Air

This listing courtesy of Lisa Rabe, Brian Malnati

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Grant Community High School

285 E Grand Ave, Fox Lake, IL, 60020

Grades 9-12

0.93 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.