Waterfront
Address
553 W Kennedy Road, Braidwood, IL
Price
$ 550,000
Property Attributes
  • MLS#11890305
  • TypeCommercial
  • CountyWILL
  • CityBraidwood
  • AreaBraidwood
  • Zip60408
  • Style
  • Year Built1990
  • Taxes$ 9420
  • Price$ 550,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8000
  • Lot Size1.37741 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Rare Opportunity to OWN or LEASE this Amazing 8,000 sq ft Waterfront Building on 1.38 acres ready for your Restaurant, Bar & Banquet Venue. Building has 6,500 sq ft already built-out with a Kitchen with Exhaust Vent Hood with Heated Makeup-Air, Prep Kitchen, Dining area, Banquet Area, Sports Bar area, walk-in cooler and 3 public bathrooms and an employee private bathroom. Banquet Area has views of the lake, Huge Outdoor Beer Garden features concrete patio, bar & plenty of room for outdoor activities. Building also features a second floor apartment with a full kitchen, bath, family room that could be converted to an awesome Bridal Suite for weddings / banquets. More thank 100+ parking spaces! This is a once in a lifetime opportunity for the experienced & established RESTAURANT / BAR / BANQUET HALL entrepreneur

Price History
9/21/2023 Listed $595,000
10/5/2023 4% - $575,000
11/15/2023 5% - $550,000

General Features

Cooling Central Air,Ceiling Fan(s)
Utilities Electric to Site,Gas to Site,Sanitary Sewer,Water-Municipal
Possession Closing
Roof Metal
Zoning RTAIL
Year Built 1990
Electric Circuit Breakers,Service - 201 to 600 Amps
Tenant Pays Air Conditioning,Common Area Maintenance,Electricity,Heat,Janitorial Service,Insurance,Repairs,Scavenger,Sewer,Varies by Tenant
Stories 1
Township Reed
Property SubType Restaurant
Tax Year 2022
County Will
Property Type Commercial Sale
Status Active
Directions I-55 to Reed Rd Exit (Exit 233),East 1/2 Mile to Property
City Braidwood
MLS Area Braidwood
Lot Size Square Feet 60000
Street Name Kennedy
Tax Annual Amount 9420.96
Additional Parcels Y/N Yes
Leasable Area 8000
Days on Market 155
Lease Type Net
Standard Status Active
Property Type Retail/Stores

Interior Features

Flooring Concrete
Street Suffix Road

Exterior Features

Foundation Details Concrete Perimeter
Building Area Total 8000
Lot Dimensions 240' X 250'

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60408

Price
AVG $230K
$550K
Taxes
AVG $9,250
$9,420
Visits
AVG 142
233
Data Provided by Inside Real Estate®
Year Built
AVG 2002
1990
Walkscore
AVG 35
19
Data Provided by Walkscore® not using MLS data

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