1501 State RteMcHenry, IL 60050

For Sale
$1,500,000

9,556 SF Restaurant, Fully Equipped

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 9,556-square-foot Class A restaurant is available for $1,500,000. Located at 1501 State Route 31 in McHenry, Illinois, this vacant, turn-key property sits on a 1.76-acre lot and boasts 93 parking spaces. Built in 2003, the single-story building features a fully equipped commercial kitchen, including a wood-fired pizza oven. Its prime location on State Route 31 offers exceptional visibility, with a daily traffic count of 22,900 vehicles. The property benefits from its proximity to major retailers like Walmart, Kohl's, and Home Depot, driving significant foot traffic. Nearby amenities include hotels, Northwestern Medicine McHenry Hospital, and McHenry Community College. The McHenry location, within the Chicago-Naperville-Elgin metro area, offers a strong market with promising demographic trends and low vacancy rates. This high-visibility restaurant presents a compelling investment opportunity for owner-users or value-add investors seeking a turn-key operation in a thriving community. The property's size, amenities, and strategic location make it an ideal choice for a variety of restaurant concepts. The asking price is $156.97 per square foot.

Highlights

  • 9,556 SF Class A restaurant building on a 1.76-acre lot, available for $1,500,000 ($156.97/SF).
  • High-visibility location on State Route 31 in McHenry, IL, with 22,900 vehicles passing daily.
  • Fully equipped commercial kitchen including a wood-fired pizza oven; 93 parking spaces.
  • Excellent proximity to major retailers (Walmart, Kohl's, Home Depot), hotels, Northwestern Medicine McHenry Hospital, and McHenry Community College.
  • Strong market with low vacancy rates in the Chicago-Naperville-Elgin metro area.

Property Details for 1501 State Rte

Property type
Other retail properties, Restaurants
Square Feet
9,556 SF
Class
A
Year Built
2003
Buildings
1
Stories
1
Lot Size (sq. ft)
76,666 SF
Units
1

Location Insight

City
McHenry
County
McHenry
State
Illinois
Latitude
42.307320518131
Longitude
-88.282407520708
1501 State Rte, McHenry, Illinois

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1501 State Rte
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