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78 E Grand Avenue,  Fox Lake IL, 60020

(Active)
$675,000
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MLS# 11490069
Last Updated: 5/19/2024 10:15 AM
Description for 78 E Grand Avenue Fox Lake, IL 60020
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.
Price
$675,000
Lake
11490069
Active
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 Information
Property Type: Business Opportunities, Other
1948
Commercial
Neighborhood
Room Information
Interior Features
Central Air
Exterior / Lot Features
24 Parking Spaces,
Rubber
220X100
COMMR
Driving Directions
Rt 12 North to East on Grand Ave
Financial Considerations
05101060070000
$10,632
Listing Price History

Fox Lake Real Estate

Fox Lake is located in Illinois. Fox Lake, Illinois 60020 has a population of 11,165.

The median household income in Fox Lake, Illinois 60020 is $64,544. The median household income for the surrounding county is $91,525 compared to the national median of $66,222. The median age of people living in Fox Lake 60020 is 39 years.

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Courtesy: Compass
Listings courtesy of MRED as distributed by MLS GRID

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This content last refreshed on 5/19/2024 10:15 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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