5,200 SqFt Freestanding Restaurant Lakemoor, IL!

MCHENRY, Illinois

Asking Price	$15,000	Year Established
Annual Revenue	$0	Reason for Selling	Available.
Annual P/L	$0	Attention	Pat Mahoney
Annual Cash Flow	$0	Listing Number	1018845
# of Employees		Business Category	Commercial Real Estate: For Lease Commercial Properties

Business Overview:

Long-Established 5,200 SqFt Freestanding Restaurant Lakemoor, IL - For Lease!

“Equipped - Recently Remodeled - 80 Seats + Fenced-In Patio - 40 Parking Spaces - On Rand Rd (Route 120) With 22,000 VPD”

Rent just reduced! Rare opportunity to lease a built-out freestanding restaurant in the growing Lakemoor/McHenry County market. Skip the time, cost and uncertainty of converting raw retail space and avoid heavy investment in ventilation, refrigeration, plumbing and buildout! The existing commercial kitchen, 12ft hood with Ansul fire suppression, walk-in cooler, 2-door tabletop cooler, 3-door/2-drawer cooler, double-stack convection oven, stainless prep tables, vegetable prep sink, 3-compartment sink, dining furniture and illuminated pylon signage can mean significant savings in startup capital and opening time. Interior remodeled in 2023 with multiple dining areas, on 0.74 acres with commercial zoning, plus the ability to add liquor and video gaming. Landlord-owned equipment is available for the tenant’s use, and the landlord will paint the exterior in your choice of color to create your own identity. Immediately available and ideal for an experienced independent operator, growing restaurant group or established concept looking to enter or expand in the northwest suburbs. Bring your concept here!

Listed by Pat Mahoney at EatZ & Associates

Property Features and Assets:

<p>Prime one-story freestanding building with high visibility and heavy vehicle traffic on one of the area’s principal east-west commercial corridors. Route 120 links the property to McHenry, Volo, Fox Lake, Wauconda, Round Lake and the greater Chain O’Lakes area, drawing customers from well beyond Lakemoor itself. Neighbors include Dunkin, Los Dos Primos Mexican Restaurant and Sweet Melissa’s Pizza Pub, close to Lily Lake. Just 2 miles west of the Route 120/Route 12 intersection, a primary retail node anchored by Woodman’s Food Market. The Village of Lakemoor actively encourages commercial development along this corridor, identifying it as a key area serving a growing population.<br><br>SqFt: 5,200<br>Seating: 80 Inside + Fenced-In Patio<br>Hrs: Currently closed<br>Owners Role: (Space For Lease)<br>Training: (Space For Lease)<br>Lease: $4,700/mth ($10.85/sqft) + CAM + taxes; landlord will provide a new lease with options<br></p>

Market Competition and Expansion:

<p>A rare 2nd-generation opportunity in an established restaurant location, recently Lakemoor Diner and previously the well-known Le Vichyssois for 38 years, giving it nearly 4 decades of foodservice history. The size, kitchen infrastructure and flexible freestanding layout suit a wide variety of concepts, while the patio adds seasonal outdoor dining potential. With the fundamentals in place, a new tenant can focus on branding, tailoring the kitchen to its menu and launching its concept rather than starting from an empty shell. The strong, growing trade area spans portions of McHenry and Lake Counties, with 94,000+ residents within 5 miles and 55,000+ combined vehicles per day at the Route 120/Route 12 intersection. Continued residential and commercial development in Lakemoor, Volo and surrounding communities keeps adding households, consumers and traffic, and the nearby district continues attracting national and regional restaurant concepts, clear proof of ongoing retailer and restaurant interest in the Lakemoor market.<br></p>

Additional Details: