Restaurant/Bar/Living Quarters

Marengo, IL (McHenry County)

Seller Financing Available
Restaurant/Bar/Living Quarters
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Asking Price: Get Financing: $649,900

Gross Revenue: N/A

Price/Sq. Ft.: N/A

NOI: N/A

Building SF: 9,628

FF&E: N/A

Year Built: 1960

Restaurant/Bar/Living Quarters

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Property Description

Restaurant / Bar
(with living quarters)
Former Time Out Sports Bar & Grill

Former sports bar/restaurant (Time Out) that had 5 video gaming machines until it closed. 9,628 SF restaurant with large and small dining rooms, 2,500 SF bar with 7 TV’s and a separate game room. Situated on 4.89 acres with outdoor service bar, picnic tables and 2 lighted volleyball courts. Full kitchen with 2 hoods, walk in cooler and freezer. Pizza ovens, fryers, ovens, grease traps and more. (see list of FF&E). Living quarters include 1 or 2 bedroom, 1 bath apartment. Huge paved parking lot with monument signage. Located north of the I-90 interchange. Owner retired. Private sewage treatment plant with one acre for leach field. Asset sale only. No books or records available. Mammoth opportunity for experienced operator. Motivated Owner will finance with decent down or lease with option to buy. See photos and layout. Visit Premier Commercial Realty website to view all our listings.

Attached Documents


Detailed Information

Type:
Other Business Real Estate
Building SF:
9,628
Building Status:
Established
Facilities:
Restaurant / Bar (with living quarters) Former Time Out Sports Bar & Grill
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Contact the Seller

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Jean Lino

Property Listed By:
Bruce Kaplan

Premier Commercial Realty

Show Phone Number

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