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720 E North Ave
Carol Stream, IL 60188
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Overage Parking Directly East of Building
  • High Visibility Location on North Ave in Carol Stream (55,000 car traffic count per day)
  • Current Business Has Liquor License and Video Gaming
  • Current Use of Building is a Restaurant/Bar
  • Other Possible Uses Include: Retail, Office, Medical

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
6,878 SF
Building Class
B
Year Built
1980
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.76 AC
Zoning
B-2 - Neighborhood Mixed-Use
Parking
49 Spaces (7.12 Spaces per 1,000 SF Leased)
Frontage
1,112’ on North Ave

AMENITIES

  • Restaurant
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning

ABOUT 720 E NORTH AVE , CAROL STREAM, IL 60188

PRIME RETAIL/RESTAURANT/OFFICE LOCATION ON NORTH AVENUE IN THE HEART OF CAROL STREAM! HEAVY DAILY TRAFFIC WITH HIGH VISIBILITY (AVERAGE 55,000 CAR TRAFFIC COUNT PER DAY). AMPLE PARKING, WITH 49 SPOTS DESIGNATED TO RESTAURANT AND OVERFLOW DIRECTLY EAST AND SOUTH OF BUILDING WITH UP TO 150 PARKING SPOTS TOTAL. BUILDING IS CURRENTLY USED AS A SPORTS BAR BY THE NAME OF "PLAYOFF'S BAR & GRILL," BUT THERE ARE MULTIPLE POTENTIAL USES - RESTAURANT/BAR, RETAIL, OFFICE SPACE, AND MEDICAL. MANY BUILDING ADDITIONS OVER THE YEARS INCREASED SQUARE FOOTAGE (6,878 SQ. FT.), BUILDING FOR SALE AND CURRENT OPERATING BUSINESS INCLUDED IN OFFERING PRICE. CURRENTLY HAS A FULL LIQUOR LICENSE AND VIDEO GAMING ALREADY IN OPERATION. SPRINKLERED BUILDING, PITCHED FLAT ROOF, 1,200-AMP (THREE PHASE) SERVICE, FULL KITCHEN, AND MULTIPLE LARGE SPACES FOR ENTERTAINMENT. MAJORITY OF FIXTURES WILL STAY, ALTHOUGH SOME LEASED AND WILL NOT - INQUIRE FURTHER FOR MORE INFORMATION.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-04-200-033
Land Assessment
$99,829
Improvements Assessment
$316,805
Total Assessment
$416,634
  • Listing ID: 18359833

  • Date on Market: 1/31/2020

  • Last Updated:

  • Address: 720 E North Ave, Carol Stream, IL 60188

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