7613 Howe Rd - Restaurant FOR SALE


Wonder Lake, IL 60097
$325,000 USD
847-651-3834
7613 Howe Rd, Wonder Lake, IL for Sale
$325,000 USD
Restaurant - FOR SALE
1/12
null | Request Cap Rate

NEW


7613 Howe Rd
Wonder Lake, IL 60097


HIGHLIGHTS

  • A Freestanding Restaurant & Real Estate In The Heart Of The Wonder Lake Recreational Corridor
  • This Well-Known Property Has Served The Community For Decades Under Several Recognizable Concepts: Millie’s Pizza, Dusty’s Pizza & Napoli Pizza Beach
  • Features Two Separate Rooms - One Room With A Bar, Fireplace, Seating & Space For Video Gaming + Second Room With Ample Seating & Wrap Around Deck
  • Fully Equipped Kitchen Features Large Hood, 2 Double-Stack Blodgett Pizza Ovens, Stove, Grill, Fryers, Prep Coolers, Walk-In Cooler/Freezer & More
  • Perfectly Situated Along Howe Rd - A Primary E-W Corridor Connecting Residential Communities Throughout Wonder Lake
  • Well Positioned Just Moments From Wonder Lake Itself - One Of McHenry County’s Most Popular Boating, Fishing & Lake Recreation Destinations

OVERVIEW

Fully-Equipped Freestanding Pizzeria w/Bar Wonder Lake, IL - Property For Sale! "A Longstanding Pizzeria For Over 70 Years In The Heart Of The Wonder Lake Recreational Corridor" Listing Summary: An exceptional opportunity to acquire a freestanding restaurant and real estate in the heart of the Wonder Lake recreational corridor. This well-known property has served the community for decades under several recognizable concepts including Millie’s Pizza, Dusty’s Pizza and most recently Napoli Pizza Beach Bar. Its single-story freestanding building currently features two separate rooms, one room with a small bar with 2-door glass cooler, fireplace, seating and space for video gaming, plus a second room with vaulted ceilings, expansive windows, skylights, ample seating and access to its wrap-around deck with additional outdoor seating. As well as a fully equipped kitchen with large hood, 2 double-stack Blodgett pizza ovens, 4-burner tabletop stove, flat top grill, 2 deep fryers, convection oven, dough mixer & roller, 2-door & 3-door sandwich prep coolers, 2-door stand-up cooler, 2 single-door stand-up freezers, walk-in cooler & freezer and more. In addition to a basement for extra storage and a detached two car garage. Well established over 70 years. Asset sale with property - all furniture, fixtures and equipment (FF&E) included. Currently closed. Previous owner had a liquor and gaming license, will need to re-apply for both. Opportunity Highlights: • Single-story freestanding building on 41,132 sqft of land or .94 acre • Ample on-site parking with 32 parking spaces • Opportunity to reopen as a pizzeria, lake-themed dining, beach-style restaurant, tavern, sports bar, entertainment venue or event space • Flexible building layout adaptable to multiple hospitality concepts • Potential to also add an outdoor patio for additional seasonal lake-lifestyle dining • Highly recognizable location with a long history of local favorite dining concepts Ideal For: • Pizza place • Family restaurant or casual dining spot • Tavern, lake-themed bar or sports bar • Live music or entertainment venue • Event or private party venue With the property included in the sale, buyers have the flexibility to reimagine the concept and build long-term value in a highly desirable lake community. Location: Prime retail space in a freestanding building with pole sign and its own parking lot for 32 vehicles. Perfectly situated along Howe Rd, a primary east-west corridor connecting residential communities throughout Wonder Lake, the property benefits from excellent visibility, convenient access and proximity to numerous lakefront neighborhoods, parks and marinas. Well positioned just moments from Wonder Lake itself - one of McHenry County’s most popular boating, fishing and lake recreation destinations. The area attracts a steady mix of year-round residents, lake homeowners, weekend visitors and seasonal tourism traffic, creating an incredible opportunity for a buyer to introduce their own concept. Location Highlights: • Strong visibility along the Howe Rd corridor • Surrounded by established lakefront residential communities & seasonal cottages • Positioned near Wonder Lake’s recreational shoreline & boating community • Near several other recreational areas & community attractions Nearby Destinations & Local Drivers: • Wonder Lake waterfront & marinas • Multiple public boat launches & lake access points • Wonder Lake State Park - over 3,000 acres of trails, wildlife habitat & outdoor recreation • Local parks, campgrounds & various other outdoor destinations • Popular snowmobile routes & winter recreation trails • Growing residential developments throughout Wonder Lake & McHenry County Serving: • Local families & nearby neighborhoods • Lake residents • Vacation homeowners & weekend visitors • Boaters & recreational users • Seasonal tourism traffic Year Established: 1955 Millie’s Pizza, 1992 Dusty’s Pizza, 2020 Napoli Pizza Beach Bar Property Information: One-story brick building with two car garage. Built in 1939. On 41,132 sqft of land or .94 acre. Class B. Real estate taxes ~$10,000. Square Feet: 2,800 + Basement. Seating: 60 Inside & 40 Outside. Days/Hrs of Operation: Closed. Value of FF&E: Included In Asking Price (Valued at $50,000). Seller Financing Available: No. Reasons for Selling: Retiring. Competition/Market: Wonder Lake is one of McHenry County’s most unique recreational communities, centered around a large 840-acre private lake (Wonder Lake) known for boating, fishing, waterskiing, snowmobiling and year-round outdoor activities. Its surrounding neighborhoods include thousands of lakefront homes, cottages and residential communities, creating a loyal local customer base. The area experiences significant seasonal visitation, particularly during the warmer months when boating & lake recreation bring additional traffic to local restaurants/gathering spots. Growth & Expansion: Standalone restaurant properties in lake communities rarely come to market. Your chance to own both the building and real estate in one of McHenry County’s most recognizable recreational areas. Its history as a longstanding area destination demonstrates its viability as a gathering place for locals and visitors alike. Boasts year-round traffic with strong seasonal peaks during spring, summer, fall and winter recreation seasons. With the right vision/concept, a new owner can reestablish the property as Wonder Lake’s next popular dining and social destination! If interested, please email Pat Mahoney at Pat@eatz-associates.com or call 847-208-9569 for more information. Showings by appointment only. Listed by Pat Mahoney & Tom Traina at EatZ & Associates/EatZ Real Estate Group LLC

FOR SALE DETAILS

PRICE

$325,000 USD

PRICE/SF

$116 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Freestanding Pizzeria w/Bar - 7613HR-WL-IL-PM

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1939

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

41,132 SF

ZONING

B

APN/PARCEL ID

09-06-130-028

ASK ABOUT THIS PROPERTY

Tom TrainaEatZ Real Estate Group LLCMore Info
847-651-3834

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Tom TrainaEatZ Real Estate Group LLCMore Info
847-651-3834

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.