2705 3000 N

    Penfield, IL 61862
    • $139,900
    • STATUS: Active
    • ON SITE: 338 days
    • MLS #: 09831302
    UPDATED: 12 min ago
    $139,900
    • 0
      BEDS
    • 2.0-2.99 Acres
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,948
      SQFT
    • $35
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    THIS BUILDING PREVIOUSLY HOUSED THE 'OASIS' RESTAURANT FOR SEVERAL YEARS..CONCRETE BLOCK BUILDING BUILD ON A SLAB, APPROXIMATELY 3948 SQUARE FEET WITH DINING AREA, BAR AREA, KITCHEN AREA,TWO SETS OF RESTROOMS AND TWO GAMING AREAS. MUCH OF THE EQUIPMENT TO INCLUDE BOOTHS, TABLES, CHAIRS BAR AND STOOLS AND SOME KITCHEN EQUIPMENT ,WALK IN COOLER IN BAR AREA AS WELL AS LARGE COOLER OUT BACK REMAINS ON THE PREMISES NEW SEPTIC SYSTEM INSTALLED A FEW YEARS AGO WITH FIELD TO THE EAST OF THE PARKING LOT. PREVIOUSLY HAD A FULL SCALE MENU TO INCLUDE BREAKFAST, LUNCH AND DINNER..GAMES ROOMS USED TO INCLUDE POOL TABLES AS WELL AS VIDEO GAMING MACHINES. SOME OF THE KITCHEN EQUIPMENT AS WELL AS BEER COOLER AND AC UNITS HAVE BEEN REMOVED..OWNER WILL SELL OT LEASE WITH A TRIPLE NET LEASE IN EFFECT(OCCUPANT PAYS ALL OPERATING EXPENSES TO INCLUDE REAL ESTATE TAXES, PROPERTY INSURANCE AND ANY IMPROVEMENTS NEEDED. OWNER WILL LOOK AT ALL OFFERS WITH PROOF OF FINANCING ,PRICED $49,000 BELOW COUNTY

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    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Domain Realty. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Domain Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-12-16T21:49:52.543.

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    www.lookinginchicago.com/homes/79902205

    2705 3000 N Penfield, IL 61862

    • Price: $139,900
    • Status: Active
    • Updated: 12 min ago
    • MLS #: 09831302
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.0-2.99 Acres
    Acres
    3,948
    SQFT
    $35
    $/SQFT
    Neighborhood:
    Ccar-North
    County:
    Champaign
    Area:
    Ccar-North
    Property Description
    THIS BUILDING PREVIOUSLY HOUSED THE 'OASIS' RESTAURANT FOR SEVERAL YEARS..CONCRETE BLOCK BUILDING BUILD ON A SLAB, APPROXIMATELY 3948 SQUARE FEET WITH DINING AREA, BAR AREA, KITCHEN AREA,TWO SETS OF RESTROOMS AND TWO GAMING AREAS. MUCH OF THE EQUIPMENT TO INCLUDE BOOTHS, TABLES, CHAIRS BAR AND STOOLS AND SOME KITCHEN EQUIPMENT ,WALK IN COOLER IN BAR AREA AS WELL AS LARGE COOLER OUT BACK REMAINS ON THE PREMISES NEW SEPTIC SYSTEM INSTALLED A FEW YEARS AGO WITH FIELD TO THE EAST OF THE PARKING LOT. PREVIOUSLY HAD A FULL SCALE MENU TO INCLUDE BREAKFAST, LUNCH AND DINNER..GAMES ROOMS USED TO INCLUDE POOL TABLES AS WELL AS VIDEO GAMING MACHINES. SOME OF THE KITCHEN EQUIPMENT AS WELL AS BEER COOLER AND AC UNITS HAVE BEEN REMOVED..OWNER WILL SELL OT LEASE WITH A TRIPLE NET LEASE IN EFFECT(OCCUPANT PAYS ALL OPERATING EXPENSES TO INCLUDE REAL ESTATE TAXES, PROPERTY INSURANCE AND ANY IMPROVEMENTS NEEDED. OWNER WILL LOOK AT ALL OFFERS WITH PROOF OF FINANCING ,PRICED $49,000 BELOW COUNTY
    Exterior Features

    Approx Land Sq Footage 3000 Construction Concrete Block Frontage Access State Road Land Amenities Lighting/Exterior Location Corner Lot Dimensions 476 X 183 Lot Sq Ft 87108 Number Of Parking Spaces 65 Roof Coverings Membrane Waterfront YN No

    Interior Features

    Air Conditioning None Miscellaneous Inside Handicapped AccessPublic Restroom/SStorage InsideOther Number Of Stories 1 Outdoor Parking 51-100 Spaces

    Property Features

    Adj Net Inc Expense Source Broker Projection Adjusted Net Income 1 Ann Rnt Expense Source Broker Projection Annual Rent For Real Estate 1 Business Age 11+ Years Business Name Oasis Business Type Bar/Lounge/Nite ClubFood And BeverageRestaurant Corporate Limits Unincorporated Cost Of Goods Expense Source Broker Projection Cost Of Goods Sold 1000 Cost Of Goods Year 1000 Current Use Commercial Electrical Service Other/Unknown Estimated Cam SF 1.1 Food Beverage Type RestaurantCarry-OutGrill Gross Payroll 1 Gross Payroll Expense Source Broker Projection Gross Payroll Year 1000 Gross Profit 1 Gross Profit Expense Source Broker Projection Gross Profit Year 1000 Gross Sales Ann Expense Source Broker Projection Gross Sales Ann Year 1000 Gross Sales Annual 1 Heat Ventilation Central Bldg HeatGas Inventory 1 Inventory Expense Source Broker Projection Inventory Year 1000 Known Encumbrances First Mortgage Lease Expires 2018-01-11T06:00:00 Lease Type Net Living Quarters None Miscellaneous Outside Handicapped Access Monthly Rental Price 1500 Net Operating Income Year 1000 Net Profit 1 Net Profit Source Broker Projection Possession Closing Potential Use Commercial Property Offered For Sale Or Rent Proprietary Info Tax Bill Real Estate Included YN Yes Rental Price 4.5 Sale Terms Conventional Seating Capacity 41-5051-75 Seller Will Master Lease Tax Year 2016 Taxes 5205.94 Tenant Pays Air ConditioningCommon Area MaintenanceElectricHeatJanitorialReal Property TaxesInsuranceRepairs And MaintenanceRoofStructureWater/SewerCooking Gas Total Op Exp Year 1000 Total Op Expense Source Broker Projection Total Operating Expenses 1000 Type Of Lease Net Lease Type Ownership Business Limited Liability Corp. Unincorporated YN Yes Utilities To Site Electric To SiteGas To SiteSeptic-PrivateWell-Private Zoning Type Other

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of Realty 2000, Inc..


    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Domain Realty. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Domain Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-12-16T21:49:52.543.

    Digital Millennium Copyright Act
     
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