Lake Commercial Sale Pending

Chain O' Lakes WATERFRONT Income Property! This fantastic opportunity to jump right in to a cash flow positive opportunity with 8 rental units that are currently used a short term rentals and are rented year round and a nicely updated bar that is currently leased. Main building has been updated and is up to current code. New roof 2018. NEW FLOOR with CONCRETE and STEEL BEAMS, NEW WALLS inside per commercial and residential code. Electric, alarm, parking lot, sea wall remodeled. Recent New Well Installed 5/2021. Rental units were also updated in late 2021 into early 2022. 168' frontage of chain access, permit approved site for 18 boat slips and additional income. Perfect retreat for boaters and winter sports. Opportunity to continue with bar/tavern business & rental income. Large deck overlooking backyard & lake!!

Property Details

  • Beds: 0
  • Baths: 0.0
  • Sq Feet: 2500
  • Year Built: 1940
  • Location: Chain O Lakes - Grass Lake
  • County: Lake County
  • Roof: Composition Shingle
  • Property Taxes: $14,142
  • MLS #: 11817913

Location

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Contact Information:

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Ad Statistics:

Lake Commercial Sale Pending in Spring Grove, Illinois
Ad Number : 3952659
Viewed: 319 times
Added: Jun 29, 2023
Updated on: Jul 19, 2023
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing Agent: Dawn Bremer, Keller Williams Success Realty, 847-456-6334, 847-456-6334 Listing Site, Listing Status: Pending
Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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