260 E LINCOLN HWY, DEKALB, 60115

$975,000

  • 8,700 sqft
  • Commercial
Courtesy of Coldwell Banker The Real Estate Group
FOR SALE. FOR LEASE. PRIME BRICK COMMERCIAL PROPERTY IN EXCELLENT CONDITION IN DEKALB'S DOWNTOWN BUSINESS DISTRICT offers 8,700 sq. ft. w/ additional 5,000 basement sq. ft. 2016 improvements include new rubber membrane flat roof w/ 5-unit high-tech Amana heat/cool mechanicals. Schindler hydraulic elevator w/ 4,000 lb. capacity (to code) w/ control room, whole building sprinkler system monitored by Simplex, Phase 3 electrical, 2017 updated draft system & ADT alarm system equip this commercial property. 172 first level seating, 100 upper level banquet seating & 40 outdoor patio seating. Turn-key opportunity, this business has been successfully established since 2004, currently holding licences to provide liquor, restaurant, catering, gaming & banquet services. New double entry doors, Pennsylvania Amish-built tables, authentic tin ceiling, stools, red oak booths/columns, mahogany wood & stone bar, refinished maple floors & 11 TVs. 165 non-metered parking. Built by JC Penneys in 1937.
Last updated on  11/15/2018
Courtesy of Coldwell Banker The Real Estate Group

More Details for 260 E LINCOLN HWY

Property Class: Business
Listing Status: Active
City: DEKALB
State: Illinois
Zip: 60115
Area: De Kalb
County: DeKalb
Class: Commercial
Approx Lot Size: 0.131
Stories: 2
Living Area (SqFt): 8,700 sqft
Stories: 2
Listing#: 09885353
Tax Year: 2017
aaStatusCode: Active
List Date: 3/15/2018

Features for 260 E LINCOLN HWY

Air Conditioning: Central Air
Current Owner: 11+ Years
Electrical Service: 3 Phase
Known Encumbrances: First Mortgage
Living Quarters: None
Outdoor Parking: Over 100 Spaces, Common Parking, Lighted, Paved, Public Lot
Proprietary Info: Furniture/Fix/Equip List, Other
Tenant Pays: Air Conditioning, Electric, Heat, Janitorial, Real Property Taxes, Insurance, Repairs and Maintenance, Roof, Scavenger, Structure, Water/Sewer, Cooking Gas
Utilities To Site: Electric to Site, Gas to Site, Sanitary Sewer to Site, Water-Municipal, Water to Site
Business Age: 11+ Years
Construction: Brick, Stone
Food/Beverage Type: Restaurant, Banquet, Catering
Heat/Ventilation: Forced Air, Gas
Location: Central Business District, Corner
Misc Outside: Patio, Security System
Roof Coverings: Membrane, Rubber
Seating Capacity: 100+
Business Type: Bar/Lounge/Nite Club, Restaurant, Other
Current Use: Commercial
Frontage/Access: Signal Intersection, State Road
Land Amenities: Lighting/Exterior, Other
Misc Inside: Elevator/s Passenger, Handicapped Access, Private Restroom/s, Storage Inside, Other
Potential Use: Commercial, Liquor License
Sale Price Includes: Land, Building, Business, Equipment, Trade Fixtures, Owner Will Train, Other (See Remarks), Business Name
Type Of Lease: Gross Lease, Escalations, Purchase Option

Documents for 260 E LINCOLN HWY

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What's near 260 E LINCOLN HWY

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than The Hudson Company are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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. Copyright © 2016 Midwest Real Estate Data LLC. Information deemed reliable but not guaranteed. Copyright notice.

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