783 Main Street

    Lake Zurich, IL 60047
    • $490,000
    • STATUS: Active
    • ON SITE: 142 days
    • MLS #: 10396348
    $490,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,000
      SQFT
    • $123
      $/SQFT

    School Ratings & Info

    Description

    well established japanese steak house since 1989. very affordable rent($4000.00/month gross) and widely known around close towns. $290000.00 NET PROFIT per year and document back it up. prefer to have buyer who has experience of Japanese steak house. unfortunately owner has health issue.do not miss great opportunity to make money. serious inquiries only.

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    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Helen Oliveri Real Estate. Based on information submitted to the MRED as of 2019-10-18T23:51:34.92 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.chicagolandexclusivehomes.com/homes/95305264

    783 Main Street Lake Zurich, IL 60047

    • Price: $490,000
    • Status: Active
    • MLS #: 10396348
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,000
    SQFT
    $123
    $/SQFT
    Neighborhood:
    Hawthorn Woods / Lake Zurich / Kildeer / Long Grove
    County:
    Lake
    Area:
    Hawthorn Woods / Lake Zurich / Kildeer / Long Grove
    Property Description
    well established japanese steak house since 1989. very affordable rent($4000.00/month gross) and widely known around close towns. $290000.00 NET PROFIT per year and document back it up. prefer to have buyer who has experience of Japanese steak house. unfortunately owner has health issue.do not miss great opportunity to make money. serious inquiries only.
    Exterior Features

    Approx Land Sq Footage 4000 Construction Brick Lot Dimensions 10 ACRE Lot Sq Ft 2 Number Of Parking Spaces 300 Roof Coverings Shingle Composition Waterfront YN No

    Interior Features

    Air Conditioning Central Air Number Of Stories 1 Outdoor Parking Over 100 Spaces

    Property Features

    Adj Net Inc Expense Source Owner Projection Adjusted Net Income 291000 Ann Rnt Expense Source Actual Annual Rent For Real Estate 48000 Business Age 11+ Years Business Type Restaurant Corporate Limits Lake Zurich Cost Of Goods Expense Source Owner Projection Cost Of Goods Sold 840000 Cost Of Goods Year 2017 Gross Payroll 180000 Gross Payroll Expense Source Owner Projection Gross Payroll Year 2017 Gross Profit 840000 Gross Profit Expense Source Owner Projection Gross Profit Year 2017 Gross Sales Ann Expense Source Owner Projection Gross Sales Ann Year 2017 Gross Sales Annual 840000 Heat Ventilation Central Bldg Heat Inventory 5000 Inventory Expense Source Owner Projection Inventory Year 2017 Known Encumbrances None Known Lease Expires 2012-11-09T06:00:00 Net Operating Income Year 2017 Net Profit 291000 Net Profit Source Owner Projection Number Of Emp Full Time 5 Number Of Emp Part Time 8 Possession Closing Property Offered For Sale Only Real Estate Included YN No Tax Year 2017 Taxes 10000 Tenant Pays Air ConditioningElectricHeatInsuranceScavengerWater/SewerCooking Gas Total Op Exp Year 2017 Total Op Expense Source Owner Projection Total Operating Expenses 549000 Type Of Lease Gross Lease Zoning Type Commr

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Utopia Real Estate Inc..


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Helen Oliveri Real Estate. Based on information submitted to the MRED as of 2019-10-18T23:51:34.92 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    Helen Oliveri Real Estate
    101 W. Gilmer Road
    Hawthorn Woods IL, 60047