WHAT IS A BUYER'S PREMIUM?
Posted on 10/06/2019
Online Auction Restaurant Sells at or above Bid of $200,000
- Former Las Palmas Mexican Restaurant
- 6,809sf +/- Restaurant Built in 1999 on 2.0 acres +/-
- 250 Seats, plus Patio seating for 60
- Good Signage and Visibility
- Front Street aka: State Route 31
- Ample Parking – 95 Striped Spaces
- 8’ x 8’ Freezer, 10’ x 10’ Cooler & 20’ Hood
- 8’ x 40’ Temperature Controlled Storage
- 3,000sf +/- Storage Building at Rear of Property
- Zoning is C-5 = Highway Commercial District
- City Sewer & Water – Nicor Natural Gas – ComEd Electricity
- Mass Transit – Metropolitan Transit Authority
- Located just North of Crystal Lake, IL and Northwest of Chicago
DON’T MISS THIS OPPORTUNITY TO BUY UNDER MARKET VALUE!!!
Auction Date & Time:
Bidding opens January 17th at 8:00 am and ends January 31st at 2:00 pm CT
Preview Date & Time:
January 24th at 11:00 am CT
Or by Appointment
209 Front Street,
McHenry, Illinois 62832
10% Buyer's Premium, $5,000 initial deposit required to register to bid and other terms apply.
Tranzon Asset Advisors, Vance Luksetich, IL Broker #471.014411
In Cooperation with Arthur J. Rogers & Co., Carole Caveney
Vance Luksetich 888-791-7307 ext. 87 or vancel@tranzon.com
Register to Bid at:
www.tranzon.com/TAA-1801