Address
1300 E Irving Park Road, Streamwood, IL
Price
$ 2,500,000
Property Attributes
  • MLS#11957846
  • TypeBusiness Op
  • CountyCOOK
  • CityStreamwood
  • AreaStreamwood
  • Zip60107
  • StyleRestaurant,Retail
  • Taxes$ 121321
  • Price$ 2,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage16708
  • Lot Size2.38154 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Wow! Fantastic opportunity with this beautiful building, with an established banquet business and a great location. On the main level you will find a beautiful banquet, great room, many hallways, bathrooms, bride's room, bar, kitchen offices, utility room and several closets with plenty of storage space, lower level you will find the second banquet hall, bathrooms, main mechanical room and more closet space for storage. Plus the upstairs offers several different office spaces with different configurations to fit different businesses. Including one space that could be used as gym, dance studio or martial arts studio or many other possibilities. Kitchen is very spacious and it has walk-in freezer and walk-in cooler. This building located on a prime location sits on 2.37 acres and in a high visibility corner with high traffic counts. this 2 story building was previously used as a bank, now it has been expanded to accommodate two banquet halls. Gross 16,708 SF, Net 9,364 SF, with 123 parking spaces and driveways. Huge price reduction, come and take a look at the possibilities.

Price History
1/9/2024 Listed $2,750,000
1/30/2024 4% - $2,650,000
3/20/2024 6% - $2,500,000

General Features

Cooling Central Air
Utilities Electric to Site,Gas to Site,Sanitary Sewer,Water-Municipal
Possession Closing
Roof Membrane
Zoning RTAIL
Construction Materials Concrete,Steel Siding
Electric Service - 201 to 600 Amps
Tenant Pays Air Conditioning,Common Area Maintenance,Electricity,Heat,Janitorial Service,Taxes,Insurance,Repairs,Roof,Scavenger,Structure,Sewer,Varies by Tenant,Gas
Stories 2
Tax Year 2021
Business Type Restaurant,Retail
Business Name SAI BANQUETS
County Cook
Property Type Business Opportunity
Possible Use Commercial,Office and Research
Status Active
Directions Go West on Irving Park Rd. from Barrington Rd E of S Park Ave. At the NE corner of Irving Park Rd and East Ave
City Streamwood
MLS Area Streamwood
Lot Size Square Feet 103740
Waterfront Y/N No
Street Name Irving Park
Tax Annual Amount 121321
Additional Parcels Y/N No
Days on Market 80
Lease Type Modified Gross
Standard Status Active
Property Type Bus / Bus w/Real Est
Ownership Type Sole Proprietor

Interior Features

Street Suffix Road

Exterior Features

Building Area Total 16708
Lot Dimensions 410X300X317X286
Frontage Type City Street,Public Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Business Op Average in 60107

Price
AVG $1.28M
$2.5M
Taxes
AVG $121,321
$121,321
Visits
AVG 44
79
Data Provided by Inside Real Estate®