for sale for sale or lease - loopnet€¦ · corner brick building with first floor, 4,650 sf,...
TRANSCRIPT
CBCWORLDWIDE.COM The broker has NOT undertaken an independent investigation to verify the accuracy or completeness of the information herein, except as required by law or regulation. The information contained herein has been provided to the Broker by the Owner or has been obtained from other third party sources deemed to be reliable. Prior to entering into a contract, Purchaser is strongly encouraged to verify the accuracy of all information contained herein, including all information concerning Purchaser’s intended use of the property. Operated by a subsidiary of NRT LLC.
NRT
FOR SALE $25.25/SF NNN
206-214 E. Lincoln Hwy, DeKalb, IL 60115
Eduardo’s Restaurant-Sports Bar-Banquet & Outdoor Patio
CONTACT Nick DiBrizzi
708-846-5876 Cell | 888-317-7721 Office
Property Highlights
206 E. Lincoln Highway
• PIN #08-23-16-3001-0000
• Real Estate Taxes 2018: $7,897
• Building: First floor-4,650 SF; Sports Bar seats
100; Banquet seats 80
• Building: Second floor-4,650 SF; unfinished
• Note: TIF money available from the City of
DeKalb, plus 4,650 SF lower level
• Lot: 100 x 52 or 5,230 SF
Coldwell Banker Commercial NRT
1225 W. 22nd Street, Suite 130
Oak Brook, IL 60523
FOR SALE OR LEASE Video Gaming By Northern Illinois University
214 E Lincoln Highway
• PIN #08-23-16-3002-0000
• Real Estate Taxes 2018: $5,955
• Building/Restaurant: 2,325 SF, plus 2,325 SF
lower level; seats 95
• Lot: 100 x 26 or 2,618 SF
• 1,000 SF outdoor beer garden seats 60
Potential to build four (4) apartments on second floor generating $4,600 in rental income per month
The cost is $500,000, 25% would be paid by City of DeKalb which is $100,000 in TIF money
Free unlimited parking from the Village of DeKalb
CBCWORLDWIDE.COM The broker has NOT undertaken an independent investigation to verify the accuracy or completeness of the information herein, except as required by law or regulation. The information contained herein has been provided to the Broker by the Owner or has been obtained from other third party sources deemed to be reliable. Prior to entering into a contract, Purchaser is strongly encouraged to verify the accuracy of all information contained herein, including all information concerning Purchaser’s intended use of the property. Operated by a subsidiary of NRT LLC.
NRT
FOR SALE $25.25/SF NNN
CONTACT Nick DiBrizzi
708-846-5876 Cell | 888-317-7721 Office
Business Highlights
• Established for 35 years
• Serving Mexican and American food
• Turn-key, fully equipped restaurant-sports bar-banquets & outdoor dining
• Lease type: NNN
• Business square footage: 6,975 SF plus lower level
• Asking price per SF: negotiable
• Motivated landlord to a qualified tenant
• Asking price For Sale: $799,000 for Real Estate, Furniture, Fixtures & Equipment
• Demographics:
Population: 1-mi: 14,010; 3-mi: 46,029; 5-mi: 58,836
Total Households: 1-mi: 5,429; 3-mi: 17,745; 5-mi: 23,142
Average Household Income: 1-mi: $68,657; 3-mi: $65,623; 5-mi: $70,101
• Located directly across the street from a major development retail/residential
• Plenty of free parking in the DeKalb city lot
• Other tenants-Walgreens, McDonald’s Egyptian Theater, Hampton Inn, etc.
• Note: patio leased from the Village of DeKalb at $786 a year plus $85 per year for Real Estate
taxes
Coldwell Banker Commercial NRT
1225 W. 22nd Street, Suite 130
Oak Brook, IL 60523
FOR SALE OR LEASE 206-214 E. Lincoln Hwy, DeKalb, IL 60115 By Northern Illinois University
CBCWORLDWIDE.COM The broker has NOT undertaken an independent investigation to verify the accuracy or completeness of the information herein, except as required by law or regulation. The information contained herein has been provided to the Broker by the Owner or has been obtained from other third party sources deemed to be reliable. Prior to entering into a contract, Purchaser is strongly encouraged to verify the accuracy of all information contained herein, including all information concerning Purchaser’s intended use of the property. Operated by a subsidiary of NRT LLC.
NRT
FOR SALE $25.25/SF NNN
CONTACT Nick DiBrizzi
708-846-5876 Cell | 888-317-7721 Office
Description:
206 E. Lincoln Hwy, DeKalb, IL 60115
Corner brick building with first floor, 4,650 SF, sports bar, banquet room, plus 4,650 SF basement, storage & walk in cooler for beer kegs.
Second floor is 4,650 SF, unfinished space, presently, owner is developing space with blueprints in place. For four (4) apartments: three (3) two (2) bedrooms at $1,200 per month and one, one (1) bedroom at $1,000 per month rent, which is a total of $4,600 monthly rent income.
The cost is $500,000 with TIF money program from the Village of DeKalb, which is 25% of the total cost or $100,000, when this is completed, the asking price will change.
There is an enclosed outdoor patio with a gorgeous water fountain.
The sports bar and banquet room have hardwood floors throughout with 14 ft. ceilings. Large 30 ft. oak bar seats 20+/-, with large projection screen TV & Plasma TV’s.
Large entrance with seating and concierge stand.
Men’s bathroom has one vanity, two (2) urinals and one handicapped stall.
Women’s bathroom has two (2) vanities, one (1) regular stall and one handicapped stall.
Large kitchen with two black iron in place, walk in cooler/freezer, kitchen preparation area, kitchen line and dishwashing area.
Large basement for storage and walk in cooler for beer kegs.
Coldwell Banker Commercial NRT
1225 W. 22nd Street, Suite 130
Oak Brook, IL 60523
FOR SALE OR LEASE 206-214 E. Lincoln Hwy, DeKalb, IL 60115 By Northern Illinois University
CBCWORLDWIDE.COM The broker has NOT undertaken an independent investigation to verify the accuracy or completeness of the information herein, except as required by law or regulation. The information contained herein has been provided to the Broker by the Owner or has been obtained from other third party sources deemed to be reliable. Prior to entering into a contract, Purchaser is strongly encouraged to verify the accuracy of all information contained herein, including all information concerning Purchaser’s intended use of the property. Operated by a subsidiary of NRT LLC.
NRT
FOR SALE $25.25/SF NNN
CONTACT Nick DiBrizzi
708-846-5876 Cell | 888-317-7721 Office
Description:
214 E. Lincoln Hwy, DeKalb, IL 60115
Restaurant seats 95 with carpeted floors and suspended ceilings and beautiful Mediterranean chandeliers. Booths and tables, chairs throughout.
Men’s bathroom has one stall, one urinal and one vanity.
Women’s bathroom has one stall and one vanity.
Large basement with women’s and men’s bathroom and a service bar.
Parking: side street parking and free parking in the Village parking lot.
Business gross sales are $10,000 per week, 35% liquor, 65% food, payroll is $4,500 per week.
Short hours. Hours of business:
Monday: closed
Tuesday-Thursday: 4:00 pm -11:00 pm
Friday & Saturday: Noon to 11:00 pm
Sunday: 2:00 pm-9:00 pm
Note: The business is available; but you are welcome to bring your own concept
Major development NEC of Second Street and Lincoln Hwy. A new Mediterranean grocery store on the first floor and apartments on the second and third floor. The SWC new Village Hall. The Egyptian Theater to be completely redeveloped.
Hot location by Northern Illinois University—other tenants McDonald’s, Hampton Inn, Dunkin Donuts, Marco’s Pizza, Subway, Holiday Inn Express, Curukrupa Indian Restaurant & Grocery Store.
Coldwell Banker Commercial NRT
1225 W. 22nd Street, Suite 130
Oak Brook, IL 60523
FOR SALE OR LEASE 206-214 E. Lincoln Hwy, DeKalb, IL 60115 By Northern Illinois University
CBCWORLDWIDE.COM The broker has NOT undertaken an independent investigation to verify the accuracy or completeness of the information herein, except as required by law or regulation. The information contained herein has been provided to the Broker by the Owner or has been obtained from other third party sources deemed to be reliable. Prior to entering into a contract, Purchaser is strongly encouraged to verify the accuracy of all information contained herein, including all information concerning Purchaser’s intended use of the property. Operated by a subsidiary of NRT LLC.
NRT
FOR SALE $25.25/SF NNN
CONTACT Nick DiBrizzi
708-846-5876 Cell | 888-317-7721 Office
Layout:
KITCHEN
• Preparation area
• Kitchen line
• Dishwashing area
• Walk in cooler/freezer
RESTAURANT
• Seats 95
• Men’s and women’s bathroom
BASEMENT UNDER THE RESTAURANT
• Men’s and women’s bathroom
BANQUET ROOM
• Seats 80
SPORTS BAR
• Seats 100
• Men’s and women’s bathroom
•
BASEMENT UNDER THE SPORTS BAR-BANQUET
• Storage
• Large walk in cooler for beer kegs
Coldwell Banker Commercial NRT
1225 W. 22nd Street, Suite 130
Oak Brook, IL 60523
FOR SALE OR LEASE 206-214 E. Lincoln Hwy, DeKalb, IL 60115 By Northern Illinois University
CBCWORLDWIDE.COM The broker has NOT undertaken an independent investigation to verify the accuracy or completeness of the information herein, except as required by law or regulation. The information contained herein has been provided to the Broker by the Owner or has been obtained from other third party sources deemed to be reliable. Prior to entering into a contract, Purchaser is strongly encouraged to verify the accuracy of all information contained herein, including all information concerning Purchaser’s intended use of the property. Operated by a subsidiary of NRT LLC.
NRT
FOR SALE $25.25/SF NNN
CONTACT Nick DiBrizzi
708-846-5876 Cell | 888-317-7721 Office
Equipment List:
KITCHEN • Walk in cooler/freezer
• Two (2) 16 ft. exhaust hoods
• Two (2) convection ovens
• Food mixer
• Steam table with three holes
• Microwave oven
• Small stainless steel table
• Stainless steel table
• 4 burner stove
• Grill
• Food warmer
• Four (4) stainless steel tables
• Fryer
• Large fryer
• Hand sink
• Stainless steel salad unit
• Three compartment stainless steel sink
• Two (2) large stainless steel tables with shelving
• Large stainless steel table
• Two (2) microwave ovens
• Ice cream freezer
• Eight burner stove with grill and oven
• Stainless steel table
• Broiler
• Fryer
• Stainless steel table
• Steam table with four holes
• Refrigerated pizza prep table
• Dishwasher with stainless steel dish tables
• Ice band
• Three (3) metal racks
Coldwell Banker Commercial NRT
1225 W. 22nd Street, Suite 130
Oak Brook, IL 60523
FOR SALE OR LEASE 206-214 E. Lincoln Hwy, DeKalb, IL 60115 By Northern Illinois University
CBCWORLDWIDE.COM The broker has NOT undertaken an independent investigation to verify the accuracy or completeness of the information herein, except as required by law or regulation. The information contained herein has been provided to the Broker by the Owner or has been obtained from other third party sources deemed to be reliable. Prior to entering into a contract, Purchaser is strongly encouraged to verify the accuracy of all information contained herein, including all information concerning Purchaser’s intended use of the property. Operated by a subsidiary of NRT LLC.
NRT
FOR SALE $25.25/SF NNN
CONTACT Nick DiBrizzi
708-846-5876 Cell | 888-317-7721 Office
Equipment List:
BAR LOUNGE AREA...continued • One (1) six high top table
• One (1) eight high top table
• Two (2) tables-42’ x 42’
• 92 high top bar stools
BASEMENT UNDER THE BAR & BANQUET • Large walk in cooler for beer kegs
• 6 metal racks
BASEMENT UNDER THE RESTAURANT
• Ice machine
• Washer
• Dryer
• Water heater
• Large grease trap
• Six (6) metal racks
• Can holder
• Chairs-tables
• Booths
Coldwell Banker Commercial NRT
1225 W. 22nd Street, Suite 130
Oak Brook, IL 60523
FOR SALE OR LEASE 206-214 E. Lincoln Hwy, DeKalb, IL 60115 By Northern Illinois University
CBCWORLDWIDE.COM The broker has NOT undertaken an independent investigation to verify the accuracy or completeness of the information herein, except as required by law or regulation. The information contained herein has been provided to the Broker by the Owner or has been obtained from other third party sources deemed to be reliable. Prior to entering into a contract, Purchaser is strongly encouraged to verify the accuracy of all information contained herein, including all information concerning Purchaser’s intended use of the property. Operated by a subsidiary of NRT LLC.
NRT
FOR SALE $25.25/SF NNN
CONTACT Nick DiBrizzi
708-846-5876 Cell | 888-317-7721 Office
Coldwell Banker Commercial NRT
1225 W. 22nd Street, Suite 130
Oak Brook, IL 60523
FOR SALE OR LEASE 206-214 E. Lincoln Hwy, DeKalb, IL 60115 By Northern Illinois University
CBCWORLDWIDE.COM The broker has NOT undertaken an independent investigation to verify the accuracy or completeness of the information herein, except as required by law or regulation. The information contained herein has been provided to the Broker by the Owner or has been obtained from other third party sources deemed to be reliable. Prior to entering into a contract, Purchaser is strongly encouraged to verify the accuracy of all information contained herein, including all information concerning Purchaser’s intended use of the property. Operated by a subsidiary of NRT LLC.
NRT
FOR SALE $25.25/SF NNN
CONTACT Nick DiBrizzi
708-846-5876 Cell | 888-317-7721 Office
Coldwell Banker Commercial NRT
1225 W. 22nd Street, Suite 130
Oak Brook, IL 60523
FOR SALE OR LEASE 206-214 E. Lincoln Hwy, DeKalb, IL 60115 By Northern Illinois University
CBCWORLDWIDE.COM The broker has NOT undertaken an independent investigation to verify the accuracy or completeness of the information herein, except as required by law or regulation. The information contained herein has been provided to the Broker by the Owner or has been obtained from other third party sources deemed to be reliable. Prior to entering into a contract, Purchaser is strongly encouraged to verify the accuracy of all information contained herein, including all information concerning Purchaser’s intended use of the property. Operated by a subsidiary of NRT LLC.
NRT
FOR SALE $25.25/SF NNN
CONTACT Nick DiBrizzi
708-846-5876 Cell | 888-317-7721 Office
Coldwell Banker Commercial NRT
1225 W. 22nd Street, Suite 130
Oak Brook, IL 60523
FOR SALE OR LEASE 206-214 E. Lincoln Hwy, DeKalb, IL 60115 By Northern Illinois University
CBCWORLDWIDE.COM The broker has NOT undertaken an independent investigation to verify the accuracy or completeness of the information herein, except as required by law or regulation. The information contained herein has been provided to the Broker by the Owner or has been obtained from other third party sources deemed to be reliable. Prior to entering into a contract, Purchaser is strongly encouraged to verify the accuracy of all information contained herein, including all information concerning Purchaser’s intended use of the property. Operated by a subsidiary of NRT LLC.
NRT
FOR SALE $25.25/SF NNN
CONTACT Nick DiBrizzi
708-846-5876 Cell | 888-317-7721 Office
Coldwell Banker Commercial NRT
1225 W. 22nd Street, Suite 130
Oak Brook, IL 60523
FOR SALE OR LEASE 206-214 E. Lincoln Hwy, DeKalb, IL 60115 By Northern Illinois University
CBCWORLDWIDE.COM The broker has NOT undertaken an independent investigation to verify the accuracy or completeness of the information herein, except as required by law or regulation. The information contained herein has been provided to the Broker by the Owner or has been obtained from other third party sources deemed to be reliable. Prior to entering into a contract, Purchaser is strongly encouraged to verify the accuracy of all information contained herein, including all information concerning Purchaser’s intended use of the property. Operated by a subsidiary of NRT LLC.
NRT
FOR SALE $25.25/SF NNN
CONTACT Nick DiBrizzi
708-846-5876 Cell | 888-317-7721 Office
Coldwell Banker Commercial NRT
1225 W. 22nd Street, Suite 130
Oak Brook, IL 60523
FOR SALE OR LEASE 206-214 E. Lincoln Hwy, DeKalb, IL 60115 By Northern Illinois University
CBCWORLDWIDE.COM The broker has NOT undertaken an independent investigation to verify the accuracy or completeness of the information herein, except as required by law or regulation. The information contained herein has been provided to the Broker by the Owner or has been obtained from other third party sources deemed to be reliable. Prior to entering into a contract, Purchaser is strongly encouraged to verify the accuracy of all information contained herein, including all information concerning Purchaser’s intended use of the property. Operated by a subsidiary of NRT LLC.
NRT
FOR SALE $25.25/SF NNN
CONTACT Nick DiBrizzi
708-846-5876 Cell | 888-317-7721 Office
Coldwell Banker Commercial NRT
1225 W. 22nd Street, Suite 130
Oak Brook, IL 60523
FOR SALE OR LEASE 206-214 E. Lincoln Hwy, DeKalb, IL 60115 By Northern Illinois University