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621 Ridgeview Dr
McHenry, IL 60050
Nicolino's Trackside · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
7,200 SF
Building Class
C
Year Built
1998
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.17
Lot Size
1.00 AC
Zoning
Commercial
Parking
100 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
500’ on Ridgeview Drive

AMENITIES

  • Conferencing Facility
  • Restaurant
  • Signage
  • Air Conditioning

ABOUT 621 RIDGEVIEW DR , MCHENRY, IL 60050

Restaurant & Bar with Gaming/Off Track Betting Chicago Far NW Suburb - Includes Property! A full-service family friendly restaurant and bar featuring 5 video gaming machines, plus off track betting for Arlington Park as well as all Illinois' thoroughbred and harness tracks, plus races from across the country. Includes all the races and complete wagering menus from their full schedule of tracks along with daily racing programs and information. Can also wager on all the major races including the Arlington Million, the Illinois Derby, the Kentucky Derby, the Preakness, the Belmont, Calder's "Summit of Speed" and "Festival of the Sun", the Hollywood Gold Cup, the Breeders' Cup and harness racing's Breeders' Crown. Bar boasts 70+ TVs (large & tabletop) to watch all the horse races and other sporting events! Also 9 self-service terminals, live mutual teller, free Wi-Fi and an ATM machine. 2017 gaming revenue (location's take) = $145,000! Current menu features delicious appetizers, sandwiches, entrees, pizza, pasta and desserts. Plus kids menu. Freestanding building with 70+ parking spaces. Volume ceilings. Ample seating with both booths and tables. Large horseshoe shaped full bar. Fully equipped kitchen. Property was recently appraised at approximately $1,300,000 which includes a 2 story building on 1 acre of land. Asset sale - no restaurant financials. Keep the current concept or make it your own. Year Established: 1998 (Same Owner 11+ Years) Property: About 1 Acre. 2016 property taxes $26,000. Square Feet: 7,200 Seating: 100+ Hrs Of Operation: Mo-Sa 10:30a-1a & Su 10:30a-12m # Of Employees: 14 Value of FF&E: Included in Asking Price Training: Two weeks on-site comprehensive training. Seller Financing: No Reasons for Selling: Retiring & moving. Competition/Market: Great food. Great fun. Great combination of gaming, sports, spirts and eats. Growth & Expansion: Brings all the thrills and challenges of a day at the races right to McHenry, without having to drive all the way to the tracks. Lots of regulars. No other place like it nearby!

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 14-03-401-004
  • 14-03-401-003
Land Assessment
$76,197
Improvements Assessment
$273,189
Total Assessment
$349,386
  • Listing ID: 12452580

  • Date on Market: 5/3/2018

  • Last Updated:

  • Address: 621 Ridgeview Dr, McHenry, IL 60050

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