545 Penny Road

    Barrington, IL 60010
    • $649,900
    • STATUS: Active
    • ON SITE: 74 days
    • MLS #: 10672218
    UPDATED: 80 min ago
    $649,900
    • 0
      BEDS
    • 2.0-2.99 Acres
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,665
      SQFT
    • $98
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    Own part of history, legendary Penny Rd Pub is for sale. Owner says it's time to retire and step aside for the next generation to make new memories. Well established Pub/Restaurant/Music venue has been a staple of the community for many years with a 4:00am liquor license! This multiple level building gives you loads of entertainment and business opportunities! Wide open First floor includes a Stage, full bar, video gaming, TV's, full Kitchen and entrance beer garden Patio with plenty of seating. Walk down to the lower level with additional bar, stage & dance floor! Upper level includes a fun Rooftop Patio, Bar, room for private parties and Office area! Business, Building, and 2.87 acres of land all included! Adjacent income producing 12.64 acres of property available to purchase as well. The possibilities are endless, possibility convert to new exciting Microbrewery, add additional outside entertainment like volley ball nets great for family fun or leave established buisness As-Is. Included in the sale is a truck with electronic Penny Road Pub billboard for advertising! Please do not bother employees or guests. Restaurant/Bar is open for business as usual and is not closing!

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    © 2020 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 Keller Williams Success Realty. Based on information submitted to the MRED as of 2020-06-02T11:51:49.923 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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    www.lewkepartners.com/homes/104306738

    545 Penny Road Barrington, IL 60010

    • Price: $649,900
    • Status: Active
    • Updated: 80 min ago
    • MLS #: 10672218
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.0-2.99 Acres
    Acres
    6,665
    SQFT
    $98
    $/SQFT
    Neighborhood:
    Barrington Area
    County:
    Cook
    Area:
    Barrington Area
    Property Description
    Own part of history, legendary Penny Rd Pub is for sale. Owner says it's time to retire and step aside for the next generation to make new memories. Well established Pub/Restaurant/Music venue has been a staple of the community for many years with a 4:00am liquor license! This multiple level building gives you loads of entertainment and business opportunities! Wide open First floor includes a Stage, full bar, video gaming, TV's, full Kitchen and entrance beer garden Patio with plenty of seating. Walk down to the lower level with additional bar, stage & dance floor! Upper level includes a fun Rooftop Patio, Bar, room for private parties and Office area! Business, Building, and 2.87 acres of land all included! Adjacent income producing 12.64 acres of property available to purchase as well. The possibilities are endless, possibility convert to new exciting Microbrewery, add additional outside entertainment like volley ball nets great for family fun or leave established buisness As-Is. Included in the sale is a truck with electronic Penny Road Pub billboard for advertising! Please do not bother employees or guests. Restaurant/Bar is open for business as usual and is not closing!
    Exterior Features

    Approx Land Sq Footage 6665 Location Corner Lot Dimensions 177X188X137X84X190X358X480 Lot Sq Ft 128147 Number Of Parking Spaces 100 Waterfront YN No

    Interior Features

    Air Conditioning Central Air Miscellaneous Inside Public Restroom/SStorage Inside Number Of Stories 2 Outdoor Parking 51-100 Spaces

    Property Features

    Adj Net Inc Expense Source Owner Projection Adjusted Net Income 999999 Ann Rnt Expense Source Owner Projection Annual Rent For Real Estate 999999 Business Age 11+ Years Business Name Penny Road Pub Business Type Bar/Lounge/Nite ClubFood And BeverageRestaurantService/Misc.Other Corporate Limits Unincorporated Cost Of Goods Expense Source Owner Projection Cost Of Goods Sold 99999 Cost Of Goods Year 2018 Current Use Commercial Food Beverage Type RestaurantOtherGrill Gross Payroll 999999 Gross Payroll Expense Source Owner Projection Gross Payroll Year 2018 Gross Profit 999999 Gross Profit Expense Source Owner Projection Gross Profit Year 2018 Gross Sales Ann Expense Source Owner Projection Gross Sales Ann Year 2018 Gross Sales Annual 999999 Heat Ventilation Forced AirGas Inventory 999999 Inventory Expense Source Owner Projection Inventory Year 2018 Known Encumbrances None Known Miscellaneous Outside Patio Net Operating Income Year 2018 Net Profit 999999 Net Profit Source Owner Projection Possession Closing Property Offered For Sale Only Real Estate Included YN Yes Tax Year 2018 Taxes 43612 Tenant Pays ElectricHeatReal Property TaxesRepairs And MaintenanceWater/Sewer Total Op Exp Year 2018 Total Op Expense Source Owner Projection Total Operating Expenses 999999 Type Of Lease None Type Ownership Business Trust Unincorporated YN Yes Zoning Type Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Re/Max Suburban.


    © 2020 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 Keller Williams Success Realty. Based on information submitted to the MRED as of 2020-06-02T11:51:49.923 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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