551 S Route 31 Street, West Dundee, Illinois 60118

$1,500,000
List Price
$1,500,000
MLS#
MRD11324549
Status
ACTIVE
Type
Commercial
Subtype
Bus / Bus w/Real Est
County
Kane
City
West Dundee
Neighborhood
Dundee / East Dundee / Sleepy Hollow / West Dundee
Days On Market
140

Property Description

*TURNKEY BUSINESS* FREE STANDING MODERN BRICK BUILDING FEATURES AN ILLUMINATED MARQUEE SIGN. EQUIPED WITH A DRIVE-UP MENU BOARD, TWO (2) DRIVE-THROUGH WINDOWS AND PLENTY OF PARKING. A FULLY FURNISHED TOTAL PACKAGE WITH TREMENDOUS VISIBILITY AND HIGH TRAFFIC! Just minutes from I-90 / Route 31 interchange this FREE-STANDING building has opportunity to host a CASUAL or FINE dining restaurant, sports bar, and/or banquet hall. The building has its very own private room that can be used for parties or as a game room. Fully equipped kitchen for nearly any concept. Located in PRIME spot by several busy strip malls, West Dundee post office, police and fire department. The variety of specialty stores and residential area nearby helps build easy foot-traffic. Everything you need to make your dream vision come true. Truly ideal for ANY type of restaurant. 6,752+/- SF of space! This property is eligible for TIF funding. The Village is willing and interested in discussing potential economic incentives through TIF funding to incentivize additional private investment in the property. In addition, for a retail or a restaurant type use at this location, additional consideration would be based on additional private investment and/or remodeling or rehabilitation of the existing building or property. West Dundee offers small-town friendliness with regional conveniences. The community's rich heritage is showcased in the architecture of the downtown business district which offers a variety of dining, shopping and entertainment opportunities adjacent to a picturesque river walk. West Dundee is also home to Spring Hill Mall, a regional mall with several national chain department stores and numerous specialty shops, and Oakview Corporate Park, home to Leafs Ice Center.

Additional Information

Corporate Limits
Dundee
Tax Year
2021
Lot Dimensions
1.43
Lot Size Range
1.0-1.99 Acres
Parking Spaces
86
Air Conditioning
Central Air
Basement
Yes

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Zamudio Realty Group.



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