394 Virginia StCrystal Lake, IL 60014

For Sale
$1,200,000

Turn-key restaurant, prime location, high traffic.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 4,226 square foot free-standing restaurant is available for sale in Crystal Lake, Illinois. Built in 2004 and extensively renovated in 2020, this owner-user investment opportunity boasts a prime location on busy Route 14, experiencing 30,000 cars daily. The property sits on a 0.82-acre lot and is zoned B2, perfectly suited for its current use. The restaurant features 115 seats in the main dining area and an additional 20 seats at the full bar. Ample parking is provided with 40 spaces. Other key features include prominent monument signage, a full basement offering significant storage and potential for expansion, and all necessary restaurant equipment is included in the sale price of $1,200,000 ($283.96 per square foot). The property's Assessed Parcel Number (APN) is 19-05-154-012, 011. This is a rare opportunity to acquire a thriving, well-established restaurant in a high-traffic area with excellent visibility. The net lease structure offers significant potential for return on investment. The single-tenant occupancy simplifies management and ensures consistent income. This turnkey operation is ready for immediate occupancy and continued success. The property address is 394 W Virginia St, Crystal Lake, IL 60014.

Highlights

  • $1,200,000 asking price for a 4,226 SF restaurant.
  • Owner/user investment opportunity.
  • Net lease, single-tenant occupancy.
  • $283.96/SF price per square foot.
  • Built in 2004, renovated in 2020.
  • B2 zoning.

Property Details for 394 Virginia St

Property type
Other retail properties, Restaurants
Square Feet
4,226 SF
Year Built/Renovated
2004/2020
Lot Size (sq. ft)
35,719 SF

Location Insight

City
Crystal Lake
County
McHenry
State
Illinois
Latitude
42.2334881
Longitude
-88.3350519
394 Virginia St, Crystal Lake, Illinois

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394 Virginia St
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