Fox Lake, IL 60020 78 E Grand Avenue
$650,000



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Presented By: Brian Malnati
Home Details
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.
Presented By: Brian Malnati
General for 78 E Grand Avenue
Additional Parcels Y/NYes
CityFox Lake
Construction MaterialsBlock
CoolingCentral Air
CountyLake
Current UseCommercial
DirectionsRt 12 North to East on Grand Ave
ElectricService - 101 to 200 Amps
Leasable Area
Lot Size Square Feet22000
MLS AreaFox Lake
Net Operating Income999999
PossessionClosing
Property SubtypeRestaurant
Property TypeCommercial Sale
Property TypeRetail/Stores
RoofRubber
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount19990
Tax Year2023
Tenant PaysAir Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Roof, Scavenger, Sewer
UtilitiesNatural Gas Available, Sewer Connected, Water Available
Year Built1948
ZoningCOMMR
Exterior for 78 E Grand Avenue
Building Area Total7880
Frontage TypeCity Street, Public Road, Paved
Lot Dimensions220X100
Water SourceMunicipal Water
Additional Details
Price History
