banquet hall / retail property for sale or lease 333 …...banquet hall / retail property 333 mill...

Offered By: Tim Billimack Managing Broker | Principal 815.355.0196 billimackt@gmail.com

Blue Chip Commercial Real Estate, 101 N. Main Street, Unit 15, Crystal Lake, IL 60014 www.bluechipcommercialre.com

BANQUET HALL / RETAIL PROPERTY 333 MILL STREET, WAUCONDA, IL

FOR SALE or LEASE

“TURN-KEY” BANQUET HALL & CATERING

Blue Chip Commercial Real Estate, LLC, 101 N. Main Street, Unit 15, Crystal Lake, IL 60014 www.bluechipcommercialre.com

PROPERTY SPECIFICATIONS

OFFERING : For Sale or Lease 8,821 SF (+/-) Banquet Hall with Full Kitchen LIST PRICE: $725,000 | $82 SF LEASE RATE: $11.50 SF (Gross) BUILDING: 8,821 SF DIVISIBLE: Will Consider Demising Commercial Space ACRES: .60 Acres FRONTAGE: 250’ (Mill Street) ZONING: GB (Village of Wauconda) UTILITIES: Municipal Water & Sanitary PARKING: Approximately 60 Spaces in Lot Additional Street Parking SIGNAGE: Wall Signage ACCESS: Full Access (Mill Street) TRAFFIC: 12,500 VPD | Route 176 COUNTS RE TAXES: $10,646 (2017) | $1.20 SF (Subject Parcel Consist of 4 Lots)

Investment Highlights

• Turn-Key Banquet Hall with Full Commercial Kitchen

• Banquet Rooms Accommodate from 40 to 300 People

• Parking for Approximately 60 Cars / Additional Street Parking Available

• Alternate Uses Could Include Retail, Office, or Medical Office

• Centrally Located in Wauconda’s Central Business District

• Affluent Area with Average Household Income Exceeding $125,000 Within 3 Mile Radius

FOR SALE or LEASE BANQUET HALL / RETAIL PROPERTY 333 MILL STREET, WAUCONDA, IL

Blue Chip Commercial Real Estate, LLC, 101 N. Main Street, Unit 15, Crystal Lake, IL 60014 www.bluechipcommercialre.com

NEIGHBORHOOD MAP BANQUET HALL / RETAIL PROPERTY 333 MILL STREET, WAUCONDA, IL

SUBJECT SITE

CENTRAL BUSINESS DISTRICT

Blue Chip Commercial Real Estate, LLC, 101 N. Main Street, Unit 15, Crystal Lake, IL 60014 www.bluechipcommercialre.com

AERIAL CLOSE UP BANQUET HALL / RETAIL PROPERTY 333 MILL STREET, WAUCONDA, IL

SUBJECT SITE

Blue Chip Commercial Real Estate, LLC, 101 N. Main Street, Unit 15, Crystal Lake, IL 60014 www.bluechipcommercialre.com

AERIAL TAX MAP BANQUET HALL / RETAIL PROPERTY 333 MILL STREET, WAUCONDA, IL

Blue Chip Commercial Real Estate, LLC, 101 N. Main Street, Unit 15, Crystal Lake, IL 60014 www.bluechipcommercialre.com

SURVEY BANQUET HALL / RETAIL PROPERTY 333 MILL STREET, WAUCONDA, IL

Blue Chip Commercial Real Estate, LLC, 101 N. Main Street, Unit 15, Crystal Lake, IL 60014 www.bluechipcommercialre.com

PROPERTY PHOTOS BANQUET HALL / RETAIL PROPERTY 333 MILL STREET, WAUCONDA, IL

Disclaimer: Blue Chip Commercial Real Estate, LLC is the owner’s designated agent and makes no warranties or representations as to the accuracy or completeness of this information contained herein. The information has been obtained through sources deemed reliable; however, it is up to the purchaser to conduct due diligence prior to sale or lease.

2018 Total Population

27,672 70,556 418,976

2018 Total Households

10,636 148,838

Median HH Income $81,377 $97,432 $87,391

Per Capita Income (based on Total Population)

$43,185 $41,900

Average HH Income $125,980 $144,108 $130,895

STREET MAP & DEMOGRAPHICS

BANQUET HALL / RETAIL PROPERTY 333 MILL STREET, WAUCONDA, IL