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700 Northwest Highway Fox River Grove, IL 60021 • Commercial - Retail • Active

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Description

*** OWNER FINANCING AVAILABLE *** Seize this incredible opportunity with a versatile 2-story, 4,428 sqft mixed-use building on a 0.49 acre lot! This property features retail space, warehouse/garage space, and residential apartments. The 2,400 sqft restaurant/bar with 81' frontage on Northwest Hwy is fully equipped with a kitchen that includes a pizza oven, hood with an Ansul system, stove, fryers, walk-in cooler, and grease trap. Additionally, there's a full 1,235 sqft basement for extra storage. The property also boasts three residential apartments on the second floor: two 2-bed/1-bath units and one 1-bed/1-bath unit. The 1,400+- warehouse/garage area includes another 1-bed/1-bath apartment. Situated in a high-traffic commercial corridor, this location is surrounded by nationally recognized retailers and restaurants, and is close to office space, schools, recreation, and transportation.

Property Highlights

Property Type: Commercial - Retail
Building Description: 2.0 stories
Year Built: 2000

General Information

County: McHenry
Listed By:
Parkvue Realty Corporation 312-788-4040
MRED MLS
$790,000
Est. $5,068/mo
Active
SQUARE FEET4,428 MLS#12290150
STATUSActive PROPERTY TYPECommercial - Retail
TOUR PROPERTY

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Shown By

Sheri Paper
 (563) 343-7688

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700 Northwest Highway, Fox River Grove, IL 60021.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $790,000$790,000$790,000
Down Payment $158,000$27,650$197,500
Monthly Mortgage Amount $3,739$4,527$4,802
Taxes $1099$1099$1099
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$347$0
Monthly Estimated Total $5,068$6,203$6,131

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