Commercial: MLS #11736272 St. Charles, IL $ 1,600,000
Commercial: MLS #11736272
$ 1,600,000
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Commercial: MLS #11736272

St. Charles, IL, 60174
$ 1,600,000
Baths0.0 Sq 999,999,999

Monthly Estimate*

$ 10,634

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Studio Commercial Property for sale in St. Charles, IL for $1,600,000. This 999,999,999 square foot building was built on a lot size of 229.568.

Extraordinary Investment Opportunity with Breathtaking Views! Discover the allure of acquiring a distinguished event venue nestled in a serene riverside community, strategically positioned within a lively downtown locale. This remarkable establishment caters to an array of events, from opulent weddings to corporate gatherings, attracting a diverse clientele seeking unparalleled experiences. With its adaptable layout and numerous event spaces, it effortlessly accommodates gatherings of all sizes, promising versatility, and boundless opportunities for revenue generation. Adorned with timeless architecture and tasteful embellishments, it promises an ambiance of refined sophistication, captivating guests from the moment they enter. Spanning an impressive 6,655 sq.ft., the venue comfortably accommodates up to 150 guests, boasting top-tier amenities including a fully equipped kitchen, ample parking, and state-of-the-art audiovisual equipment, ensuring each event is flawlessly executed. Supported by a history of prosperous operations, a dedicated customer base, and glowing testimonials, the experienced team ensures seamless event execution, further elevating its appeal to prospective buyers. Nestled in an undisclosed prime location, with a stellar reputation and promising avenues for growth, this establishment presents an unparalleled investment opportunity for entrepreneurs seeking to leave their mark in the event industry or expand their business portfolio. Don't miss this exclusive chance to acquire a distinguished event venue in an esteemed locale and embark on a lucrative journey in the thriving events sector and miss out for the chance to be the "Talk of the town."

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Commercial Active

Price

$ 1,600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 9,999,999

Style

Bar/Tavern/Lounge,Food & Beverage,Restaurant,Retai

Lot Size

229.568

Town/City

St. Charles

County/Region

KANE

MLS | Web ID

11736272

Features
General
Cooling Central Individual
Possession Closing Negotiable
Electric Service - 201 to 600 Amps
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Taxes Insurance Scavenger Sewer Varies by Tenant Gas
Stories 2
Tax Year 2022
Business Type Bar/Tavern/Lounge Food & Beverage Restaurant Retail
Business Name EDENS RESTAURANT & EVENTS
County Kane
Operating Expense 9999999
Property Type Business Opportunity Bus / Bus w/Real Est
Status Active
Directions ROUTE 31 SOUTH OR NORTH TO THE 64. GO SOUTH ON GENEVA RD TO ILLINOIS HEAD EAST ON ILLINOIS TOWARDS RIVER ARIVE AT STRIP CENTER OFF THE RIVER ( 1 ILLINOIS ST )
City St. Charles
MLS Area Campton Hills / St. Charles
Lot Size Square Feet 9999999
Waterfront Y/N Y
Street Name Illinois
Tax Annual Amount 9999999
Additional Parcels Y/N N
Virtual Tour https://youtu.be/Ig8EvndswnE
Days on Market 446
Lease Type Net
Standard Status Active
Ownership Type Partnership
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Exterior
Building Area Total 999999999
Lot Dimensions 999999999
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Interior
Street Suffix Street
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* Excluded Features
List By
Coldwell Banker Commercial Nrt

Broker

paul@paulproanoproperties.com;paul@paulproanoproperties.com

Email

Affordability Calculator

$843,967
Per Month
1%
99%
0%
Monthly Principal & Interest
$10,634
Monthly Property Taxes
$833,333
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/26/2023$1 -100.00% Price Down
3/13/2023$2,000,000 Listed Price

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