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955 E 173 Route Antioch, IL 60002 Commercial - Investment New

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Description

This well-established family restaurant presents a unique opportunity to own a thriving business in the heart of Antioch, the Hub of the vibrant Chain O'Lakes region. Known for its warm atmosphere and loyal customer base, the restaurant has become a beloved gathering place for both locals and visitors alike. Open seven days a week, the business offers a diverse dining experience, serving lunch and dinner daily along with a highly popular full breakfast buffet on Sundays that consistently draws strong crowds. The spacious dining area is designed to comfortably accommodate guests while also serving as a versatile venue for banquets, private parties, and community events-making it a true centerpiece of the local community. A standout feature of the establishment is its large, horseshoe-style bar, which creates an inviting social atmosphere and supports a full complement of beverages. Additionally, a separate private gaming area-thoughtfully positioned out of view from the main dining and bar spaces-can provide an added revenue stream while maintaining the restaurant's family-friendly appeal. With its strong reputation, multiple income opportunities including catering, and prime location in a high-traffic area, this business is perfectly positioned for continued success and growth. Ideal for an owner-operator or an experienced restaurateur looking to expand, this is a rare chance to step into a turnkey operation with deep community roots.

Property Highlights

Property Type: Commercial - Investment
Building Description: 1.0 stories
Lot Size: 1.19 acres

General Information

County: Lake
Listed By:
Realty World Tiffany R.E. 847-395-1010
MRED MLS
$699,900
Est. $4,446/mo
New to the Market New
SQUARE FEET13,183 MLS#12604899
STATUSNew PROPERTY TYPECommercial - Investment

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955 E 173 Route, Antioch, IL 60002.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $699,900$699,900$699,900
Down Payment $139,980$24,497$174,975
Monthly Mortgage Amount $3,268$4,120$4,254
Taxes $974$974$974
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$308$0
Monthly Estimated Total $4,446$5,606$5,432

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