8675 S Archer Ave - Restaurant FOR SALE


Willow Springs, IL 60480
$3,490,000 USD
773-817-1919
8675 S Archer Ave, Willow Springs, IL for Sale
$3,490,000 USD
Restaurant - FOR SALE
1/2
null | Request Cap Rate

8675 S Archer Ave
Willow Springs, IL 60480


OVERVIEW

Family owned & operated at this location for over 25 years. Owners are retiring. Real estate & business are included in the sale. This banquet hall is very unique and located in highly visible location. This is very well-established business. Please do not approach the employees. The building has 3 banquet halls. One - Grand Ballroom which may hold up to 400 people. This is on 2nd floor and includes passenger elevator. Two smaller banquet halls on the 1st floor- Castle Room & Medieval Room. Castle Room may hold up to 140 people and Medieval Room up to 80 people. Fully equipped kitchens, full-service bars, and Men's & Women's bathrooms on both floors. Very well-maintained building. Must see to appreciate the building and the location with very large parking.

FOR SALE DETAILS

PRICE

$3,490,000 USD

PRICE/SF

$175 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

180

LAND DETAILS

CROSS STREETS

Flavin Rd.

LAND ACRES

0.27 AC

LAND SF

11,824 SF

ZONING

B-1

APN/PARCEL ID

18-33-319-006-0000

ASK ABOUT THIS PROPERTY

John MakaAmerican Realtors & Associates, IncMore Info
773-817-1919

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John MakaAmerican Realtors & Associates, IncMore Info
773-817-1919

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