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500 Ela Road

Lake Zurich, IL 60047
  • $559,000
  • STATUS: Active Under Contract
  • ON SITE: 158 Days
  • MLS #: 11693308
Under Contract
UPDATED: 61 min ago
$559,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS

School Ratings & Info

Description

exclusively chosen to market this two parcel land property separated by a side street. The main parcel, which includes the restaurant building, is positioned at the southeast corner of the signalized intersection of Main Street (IL-22) and Ela Road. The parking parcel is positioned at the Southeast corner of Ela Road and Maple Avenue. The total combined site are is 32,203 square feet (0.74 acre). Both parcels include paved parking lots with a total of 62 parking spaces(23.25 spaces per 1,000 square feet of building area). Site improvements include a dining patio, signage, Municipal water, sanitary sewer, electricity gas and telephone service are all available. Current Zoning is B-1 ( Local and Community Business District by the Village of Lake Zurich). The Restaurant building built in 1981 is a one and part two-story full service bar/restaurant building of masonry and frame construction. It has a ground floor area of 2,175 square feet and second floor being 480 square feet totaling a gross building area of 2,655 square feet. There is also a full usable basement which stores two walk in coolers and can be used for dry storage. Zoning permitted uses in the district include most retail, commercial service, restaurants, banks, medical and professional offices and fitness facilities. Uses requiring a special use permit include live entertainment accessory to a restaurant, drive-through facilities, auto repair shops, gas stations, child day care facilities, hotels, veterinary offices, pet grooming services and contractors offices/yards.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2023-06-09T11:00:51.527 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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500 Ela Road Lake Zurich, IL 60047

  • Price: $559,000
  • Status: Active Under Contract
  • On Site: 158 Days
  • Updated: 61 min ago
  • MLS #: 11693308
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1981
Built
Neighborhood:
Hawthorn Woods / Lake Zurich / Kildeer / Long Grove
County:
Lake
Area:
Hawthorn Woods / Lake Zurich / Kildeer / Long Grove
Property Description
exclusively chosen to market this two parcel land property separated by a side street. The main parcel, which includes the restaurant building, is positioned at the southeast corner of the signalized intersection of Main Street (IL-22) and Ela Road. The parking parcel is positioned at the Southeast corner of Ela Road and Maple Avenue. The total combined site are is 32,203 square feet (0.74 acre). Both parcels include paved parking lots with a total of 62 parking spaces(23.25 spaces per 1,000 square feet of building area). Site improvements include a dining patio, signage, Municipal water, sanitary sewer, electricity gas and telephone service are all available. Current Zoning is B-1 ( Local and Community Business District by the Village of Lake Zurich). The Restaurant building built in 1981 is a one and part two-story full service bar/restaurant building of masonry and frame construction. It has a ground floor area of 2,175 square feet and second floor being 480 square feet totaling a gross building area of 2,655 square feet. There is also a full usable basement which stores two walk in coolers and can be used for dry storage. Zoning permitted uses in the district include most retail, commercial service, restaurants, banks, medical and professional offices and fitness facilities. Uses requiring a special use permit include live entertainment accessory to a restaurant, drive-through facilities, auto repair shops, gas stations, child day care facilities, hotels, veterinary offices, pet grooming services and contractors offices/yards.
Exterior Features

Exterior Building Type Brick Foundation Details Concrete PerimeterOther Frontage Type City StreetCounty RoadPublic RoadSignal Intersection Outdoor Parking 51-100 Spaces Parking Total 62 Roof Shake Roof Structure Pitched

Interior Features

Cooling Central Air Flooring TileWood Heat Ventilation Forced AirGas Miscellaneous Inside Private Restroom/SSkylight/SBasementMezzanine Number Of TLDocks 0

Property Features

Additional Parcels YN Yes Building Area Total 2655 Contingency Attorney/Inspection Continue To Show No - Has Seller Written Direction Current Use Commercial Electric Circuit Breakers Fire Protection Alarm On SiteFire Extinguisher/SCarbon Monoxide Detector(S) Gross Income 0 Gross Scheduled Income 0 Leasable Area 2655 Location Corner Mls Actual Status Contingent Net Operating Income 0 Operating Expense 0 Property Offered For Sale Or Rent Property Sub Type Restaurant Rental Price 20 Tax Annual Amount 14321 Tax Year 2021 Tenant Pays Varies By Tenant Township Ela Type Retail/Stores Utilities Electric To SiteGas To SiteSanitary SewerWater To SiteWell-Community Zoning Commr

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Commercial Nrt: 312-860-4043.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2023-06-09T11:00:51.527 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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