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    1101 W Hillcrest Drive

    Dekalb, IL 60115
    • $59,900
    • STATUS: Active
    • ON SITE: 27 days
    • MLS #: 10835422
    UPDATED: 9 min ago
    $59,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial-Lease
    County:
    Area:

    School Ratings & Info

    Description

    SEA CAPTAIN THE FISH AND CHICKEN PLACE LOCATED JUST OUTSIDE THE NORTHERN ILLINOIS CAMPUS SURROUNDED BY STUDENT HOUSING. DORMS , DUPLEX, MULTI-UNIT COMPLEX AND BUSINESS DISTRICT.IT IS A TURN KEY OPERATION . THE END UNIT OF A SHOPPING CENTER WITH AMPLE PARKING. IT IS A LOCAL FAVORITE AND MAJORITY OF THE CUSTOMER IS WITHIN THE WALKING DISTANCE. OPEN LATE NIGHT AND CAPTURES THE COLLEGE CROWD ESPECIALLY IN THE WEEKENDS. LOW RENT /ALL TRADE FIXTURES INCLUDED IN THE SALE. THIS PLACE IS KNOWN FOR IT'S SPECIAL SAUCE FROM FAR AND AWAY. VERY ELABORATE MENU CATER TO THE STUDENT CUSTOMERS. GREAT CARRY OUT BUSINESS . IT IS A OWNER OPERATOR INVESTMENT. MONTHLY GROSS SALES REPORTED AROUND $20,000 TO $25,000 DOLLARS WITH A 60 % MARGIN. GOOD MONTHLY NET CASH FLOW. GOOD FUTURE FOR THIS BUSINESS WHEN NEW HOUSING FOR STUDENTS WILL BE ADDED AFTER THE OLD MOVIE THEATER TORN DOWN. EXPANDED HOURS DURING SCHOOL IN SESSION. ADDING MORE ITEMS IN THE MENU CHART. ALSO ADDING LIQUOR AND VIDEO GAMING BUSINESS TO INCREASE SALES. FUN MEETING PLACE AND HANG OUT. CURRENTLY THE STORE IS OPEN ON A LIMITED HOURS. OPEN FROM 4:00 PM TO 2:00 AM

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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 O'Neil Property Group, LLC. Based on information submitted to the MRED as of 2020-09-24T17:52:24.177 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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    1101 W Hillcrest Drive Dekalb, IL 60115

    • Price: $59,900
    • Status: Active
    • Updated: 9 min ago
    • MLS #: 10835422
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    De Kalb
    County:
    De Kalb
    Area:
    De Kalb
    Property Description
    SEA CAPTAIN THE FISH AND CHICKEN PLACE LOCATED JUST OUTSIDE THE NORTHERN ILLINOIS CAMPUS SURROUNDED BY STUDENT HOUSING. DORMS , DUPLEX, MULTI-UNIT COMPLEX AND BUSINESS DISTRICT.IT IS A TURN KEY OPERATION . THE END UNIT OF A SHOPPING CENTER WITH AMPLE PARKING. IT IS A LOCAL FAVORITE AND MAJORITY OF THE CUSTOMER IS WITHIN THE WALKING DISTANCE. OPEN LATE NIGHT AND CAPTURES THE COLLEGE CROWD ESPECIALLY IN THE WEEKENDS. LOW RENT /ALL TRADE FIXTURES INCLUDED IN THE SALE. THIS PLACE IS KNOWN FOR IT'S SPECIAL SAUCE FROM FAR AND AWAY. VERY ELABORATE MENU CATER TO THE STUDENT CUSTOMERS. GREAT CARRY OUT BUSINESS . IT IS A OWNER OPERATOR INVESTMENT. MONTHLY GROSS SALES REPORTED AROUND $20,000 TO $25,000 DOLLARS WITH A 60 % MARGIN. GOOD MONTHLY NET CASH FLOW. GOOD FUTURE FOR THIS BUSINESS WHEN NEW HOUSING FOR STUDENTS WILL BE ADDED AFTER THE OLD MOVIE THEATER TORN DOWN. EXPANDED HOURS DURING SCHOOL IN SESSION. ADDING MORE ITEMS IN THE MENU CHART. ALSO ADDING LIQUOR AND VIDEO GAMING BUSINESS TO INCREASE SALES. FUN MEETING PLACE AND HANG OUT. CURRENTLY THE STORE IS OPEN ON A LIMITED HOURS. OPEN FROM 4:00 PM TO 2:00 AM
    Exterior Features

    Approx Land Sq Footage 2000 Frontage Access City StreetCounty Road Number Of Parking Spaces 16

    Interior Features

    Air Conditioning Central Air Number Of Stories 1

    Property Features

    Adj Net Inc Expense Source Owner Projection Adjusted Net Income 0000 Ann Rnt Expense Source Actual Annual Rent For Real Estate 18600 Business Age 1-3 Years Business Name Sea Captain Business Type Food And BeverageRestaurantRetail/Misc. Corporate Limits Dekalb Cost Of Goods Expense Source Owner Projection Cost Of Goods Sold 0000 Cost Of Goods Year 2019 Current Use Commercial Estimated Cam SF 10.1 Food Beverage Type Fast Food/Drive-InRestaurant Gross Payroll 0000 Gross Payroll Expense Source Owner Projection Gross Payroll Year 2019 Gross Profit 0000 Gross Profit Expense Source Owner Projection Gross Profit Year 2019 Gross Sales Ann Expense Source Owner Projection Gross Sales Ann Year 2019 Gross Sales Annual 0000 Heat Ventilation Central Bldg Heat Inventory 0000 Inventory Expense Source Owner Projection Inventory Year 2019 Known Encumbrances None Known Lease Expires 2022-12-31T06:00:00 Lease Type Net Monthly Rental Price 1550 Net Operating Income Year 2019 Net Profit 0000 Net Profit Source Owner Projection Number Of Emp Full Time 2 Number Of Emp Part Time 1 Possession Closing Property Offered For Rent Only Real Estate Included YN No Rental Price 59900 Seating Capacity 41-50 Tax Year 2019 Taxes 9999 Tenant Pays Air ConditioningElectricRepairs And Maintenance Total Op Exp Year 2019 Total Op Expense Source Owner Projection Total Operating Expenses 0000 Type Of Lease Net Lease Type Ownership Business General Partnership Zoning Type Rtail

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Berkshire Hathaway Homeservices Crosby Starck Real Estate.


    © 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 O'Neil Property Group, LLC. Based on information submitted to the MRED as of 2020-09-24T17:52:24.177 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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