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Map
$2,369,196*
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Commercial -
Off Market
601 Railroad Avenue
Round Lake, IL 60073
Studio
0 Bath
$2,025,000 - $2,475,000
Reference Base Price*
5.30%
Since Mar 1, 2022
National-US
Primary Model
About This Property
This is a fantastic opportunity to own a Thriving Entertainment
Business in Lake County. This has been family owned since
1968 but it's time to retire. It includes a 24 bowling lanes
enjoyed by approx 900 bowlers a week during season. It is the
home for 3 different high school bowling teams. There are
established bowling, pool, baggo and dart leagues. Also
included is a huge sports bar with 7 pool tables, over 12 TVs,
and a stage for live entertainment. The large
banquet/meeting room could also be converted to lazer tag, a game
room, escape rooms, restaurant, etc. There are 3 residential
apartments with garages as well. An excellent kitchen
preparing food for birthday parties, weddings, fund raisers, etc.
Strong NOI with several strong revenue streams including
Banquet and Video Poker There are currently 6 video gaming
machines (not owned) Great business with plenty of parking.
This is the WHOLE PACKAGE. Excellent location on 1.6 acres.
Recent remodel. Fixtures included.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
$4,233
HOA Dues
-
Year Built
1947
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 13, 2023 | Sold | $1,400,000 | |
Sold | |||
Feb 2, 2022 | No longer available | - | |
No longer available | |||
Aug 19, 2021 | Price Decreased |
$2,250,000
↓ $230K
(9.3%)
|
|
Price Decreased | |||
Apr 1, 2021 | Listed | $2,480,000 | |
Listed |
Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
04/01/2021
|
|
Loft
|
-
|
-
|
$2,480,000
Loft
-
|
-
-
|
-
|
Richard Capoccioni
RE/MAX Real Estate
|