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101 Franks Rd 24,500 SF 100% Leased Retail Building Marengo, IL 60152 $2,500,000 ($102.04/SF)
Investment Highlights
- CEILING: 20’
- Real Estate & FFE (Furniture, Fixtures, and Equipment): For sale, excluding the business itself
- Restaurant & Bar Capacity: Seating for 80 in the restaurant and 25 in the bar
- LOADING: 1 Drive-In Door (8x10)
- Licenses: Liquor and gaming licenses are transferable
Executive Summary
- Real Estate & FFE (Furniture, Fixtures, and Equipment): For sale, excluding the business itself.
- Bowling Equipment: 16 Brunswick GSX Pinsetter machines.
- Restaurant & Bar Capacity: Seating for 80 in the restaurant and 25 in the bar.
- Commercial Kitchen: Fully equipped and grated for high-volume operations.
- Licenses: Liquor and gaming licenses are transferable.
- Bowling Equipment: 16 Brunswick GSX Pinsetter machines.
- Restaurant & Bar Capacity: Seating for 80 in the restaurant and 25 in the bar.
- Commercial Kitchen: Fully equipped and grated for high-volume operations.
- Licenses: Liquor and gaming licenses are transferable.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
24,500 SF
Building Class
C
Year Built
2010
Price
$2,500,000
Price Per SF
$102.04
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.41
Lot Size
1.36 AC
Zoning
B - Business District
Parking
100 Spaces (4.08 Spaces per 1,000 SF Leased)
Frontage
201’ on Franks Road
Amenities
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 12-31-353-003 | Improvements Assessment | $267,871 |
| Land Assessment | $37,168 | Total Assessment | $305,039 |
Property Taxes
Parcel Number
12-31-353-003
Land Assessment
$37,168
Improvements Assessment
$267,871
Total Assessment
$305,039
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101 Franks Rd
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