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408 E Commanche Avenue Shabbona, IL 60550 Commercial - Investment New

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  • 408 E Commanche Avenue, Shabbona, IL 60550 Main Photo

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Description

This is your chance to purchase an ongoing cafe and ice cream establishment. Screamers is the long established food and ice cream destination in Shabbona. The location features high visibility from Highway 30. The current owners are looking to retire after more than 20 years. Decades great food, delicious ice cream and a commitment to service has earned the love and support of the local community. The business also gets a significant increase in summertime sales from activity at Shabbona Lake State Park and other nearby campgrounds. There is indoor and outdoor dining with picnic tables. The current owner added a drive through window making it the only establishment with a drive through on Highway 30 for miles! The list price includes the business, real estate and all of the FF&E. Building improvements include a newer roof and a newer 6 ton rooftop HVAC unit. There is also a 4 ton a/c unit on the ground. Inside the tile in the dining room, hall and bathroom have been updated. A new storage shed houses two freezers and one refrigerator unit with plenty of room left over for dry storage. Outside there are two refrigerator units and one dry storage unit for convenient off hour vendor deliveries. FF&E includes tables and chairs, a Stoelting ice cream machine (customers love the proprietary ice cream recipe!), sandwich bay, slushie machine and a bread oven that is used to make the tradmark fresh bread. The parking lot has been resurfaced and features 23 parking spaces with 6 for drive thru waiting. The current owner has elected to operate seasonally mid March though mid November which provides an opportunity to increase sales by being open year round.

Property Highlights

Property Type: Commercial - Investment
Building Description: 1.0 stories

General Information

County: DeKalb
Listed By:
Coldwell Banker Real Estate Group 630-232-6900
MRED MLS
$179,900
Est. $1,190/mo
New to the Market New
SQUARE FEET1,040 MLS#12587885
STATUSNew PROPERTY TYPECommercial - Investment

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408 E Commanche Avenue, Shabbona, IL 60550.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $179,900$179,900$179,900
Down Payment $35,980$6,297$44,975
Monthly Mortgage Amount $840$1,031$1,094
Taxes $250$250$250
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$79$0
Monthly Estimated Total $1,190$1,460$1,444

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