500 Ela Road, Lake Zurich, Illinois 60047
$470,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 0 |
| Baths: | 0 |
| Year Built: | — |
| Property Taxes: | $14,321 |
| Days On Market: | 1192 |
| Lot Size: | 0,74 |
Description
This two parcel land property is separated by a side street. The main parcel, which includes the restaurant building, is positioned at the southeast corner of the signalized intersection of Main Street (IL-22) and Ela Road. The parking parcel is positioned at the Southeast corner of Ela Road and Maple Avenue. The total combined site are is 32,203 square feet (0.74 acre). Both parcels include paved parking lots with a total of 62 parking spaces(23.25 spaces per 1,000 square feet of building area). Site improvements include a dining patio, signage, Municipal water, sanitary sewer, electricity gas and telephone service are all available. Current Zoning is B-1 ( Local and Community Business District by the Village of Lake Zurich). The Restaurant building built in 1981 is a one and part two-story full service bar/restaurant building of masonry and frame construction. It has a ground floor area of 2,175 square feet and second floor being 480 square feet totaling a gross building area of 2,655 square feet. There is also a full usable basement which stores two walk in coolers and can be used for dry storage. Zoning permitted uses in the district include most retail, commercial service, restaurants, banks, medical and professional offices and fitness facilities. Uses requiring a special use permit include live entertainment accessory to a restaurant, drive-through facilities, auto repair shops, gas stations, child day care facilities, hotels, veterinary offices, pet grooming services and contractors offices/yards.
Property Specifics
| Lot/Land | |
| — | |
| — | |
| — | |
| — | |
| — | |
| No | |
| 0.74 |
| Lake | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 11693975 | |
| 14203020010000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 30 Jun, 2023 | Sold | $470,000 | MRED MLS |
| 22 Jun, 2023 | Under contract | $559,000 | MRED MLS |
| — | Last price change | $599,000 | MRED MLS |
| 31 Dec, 2022 | Listed for sale | $750,000 | MRED MLS |
Room Specifics
Total Bedrooms: —
Bedrooms Above Ground: 0
Bedrooms Below Ground: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 0
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: Cellar
Other Specifics
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| Asphalt | |
| — | |
| — | |
| 134 X 264 + 66 X 132 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2023 | $14,321 |
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Listing Provided By
Coldwell Banker Commercial NRT
