Freestanding Restaurant w/Bar Lombard + Building & 1.42 Acre Property!

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Cash or pre-approved buyers only! And must be able to close quickly!!
Asking Price:
$1,200,000

Gross Revenue:
 Not Disclosed
Net Operating Income:
 Not Disclosed
FF&E:
$150,000
included in asking price

Building Sq. Ft.:
6500.00
Price/Sq. Ft.:
 Not Disclosed
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Property Description

Full service restaurant in a one story 6,500 sqft masonry freestanding building on 1.42 acre overlooking a beautiful pond with its own parking lot and 338 feet of street frontage on North Ave.

Fully equipped kitchen with two coolers and one freezer. Spacious dining room with tables and booths. Full bar with additional seating. Private banquet room for meetings, memorials, rehearsal dinners, showers, parties and more. Live entertainment on Friday & Saturday nights. Remodeled in 2005. Ample parking for 125 cars.

Zoned B-4 Corridor Commercial District. 2016 Appraised value $1.7 million.

Keep the current concept or make it your own at this ideal location. Video gaming coming to Lombard in the spring.

Cash or pre-approved buyers only! And must be able to close quickly!! Showings by appointment only.

Year Established: 1971 (Current Owners 1985 - 32 Years!)

Value of FF&E (Included in Asking Price): $150,000

Seller Financing: No

Reason For Selling: Pre-foreclosure.

Competition/Market: Priced well below appraised value.

Growth & Expansion: Ideal location on North Ave with great exposure.

Confidential listing.

Listed by Tom Traina at EatZ & Associates / American Realty Network Inc

About the Property

Type:
Retail
Building Status:
Established
Facilities:
Square Feet: 6,500 (+ 1,500 SqFt Unfinished Basement). Seating: 225 (Dining + Bar + Banquet Room). Days/Hrs of Operation: Closed since June 2017.
Location Description:
Prime retail space at the southwest corner of E North & Joyce Ave, just north of Grace St. Perfectly situated just 2 miles east of I-355 in DuPage county.
Year Built:
1971
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About the Sale

Furniture, Fixings
and Equipment:
Included in Asking Price
Financing:
None
Current Property
Expenses:
Real estate taxes $30,000.

Listing Info

ID:
1472578
Ad Detail Views:
1
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Property Listed by

Tom Traina

EatZ & Associates

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