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9032 N 2nd Street Machesney Park, IL $ 1,095,000
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$ 1,095,000 Get more info
9032 N 2nd Street
$ 1,095,000
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9032 N 2nd Street

Machesney Park, IL, 61115
$ 1,095,000
Baths0.0 Sq 4,800

Monthly Estimate*

$ 7,649

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Studio

Commercial Property for sale in Machesney Park, IL

for $1,095,000. This 4,800 square foot building was built in 1977 on a lot size of 0.541552.

This newly renovated, family friendly, fully-equipped restaurant/bar is now available for sale in a prime location. Situated on N 2nd St, one of the busiest streets in Machesney Park, this establishment offers great visibility and high foot traffic. The property features a spacious dining area, a well-appointed bar, and a fully equipped kitchen. With ample seating capacity and a welcoming ambiance, it's perfect for both casual dining and social gatherings. The sale includes all furniture, fixtures, and equipment necessary to continue operations seamlessly. Don't miss this opportunity to own a thriving restaurant/bar in Machesney Park. Seller financing considered with $350,000 down and 10% interest on a 5 year balloon. Amortized over 20 years. Seller will also consider a partnership opportunity.

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Commercial Active

Price

$ 1,095,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,374

Style

Lot Size

0.541552

Year Built

1977

Town/City

Machesney Park

County/Region

Winnebago

MLS | Web ID

11832076
Features
General
Cooling Central Air
Zoning COMMR
Year Built 1977
Electric Circuit Breakers
Tenant Pays Other
Stories 1
Township Harlem
Tax Year 2022
County Winnebago
Net Operating Income 0
Property Type Commercial Sale Retail/Stores
Status Active
Directions HIGHWAY 251 NORTH-N 2ND ST on west side frontage road south of 173
City Machesney Park
MLS Area Machesney Park
Lot Size Square Feet 23590
Street Name 2nd
Tax Annual Amount 7374
Additional Parcels Y/N N
Leasable Area 0
Days on Market 267
Standard Status Active
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Exterior
Building Area Total 4800
Lot Dimensions 378X233
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Interior
Street Suffix Street
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* Excluded Features
List By
Black Castle Properties

Broker

Tom@blackcastleprop.com

Email

Affordability Calculator

$8,263
Per Month
93%
7%
0%
Monthly Principal & Interest
$7,649
Monthly Property Taxes
$615
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/21/2023$925,000 -15.91% Price Down
8/7/2023$1,100,000 -8.33% Price Down
7/14/2023$1,200,000 Listed Price

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9032 N 2nd Street, Machesney Park, IL, 61115 is a Commercial Property for sale at $1,095,000 with 4,800 sqft and a lot size of 0.541552. 9032 N 2nd Street is a studio with 0.0 baths and was built in 1977. The property's zip code is 61115 which is in Machesney Park, IL

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