$1,375,000
$649,900
111.6%For more information regarding the value of a property, please contact us for a free consultation.
545 Penny Road Barrington, IL 60010
6,665 SqFt
Key Details
Sold Price $1,375,000
Property Type Commercial
Sub Type Bus / Bus w/Real Est
Listing Status Sold
Purchase Type For Sale
Square Footage 6,665 sqft
Price per Sqft $206
MLS Listing ID 10672218
Sold Date 01/22/21
Annual Tax Amount $43,612
Tax Year 2018
Lot Dimensions 177X188X137X84X190X358X480
Property Sub-Type Bus / Bus w/Real Est
Property Description
Own part of history, legendary Penny Rd Pub is for sale. Owner says it's time to retire and step aside for the next generation to make new memories. Well established Pub/Restaurant/Music venue has been a staple of the community for many years with a 4:00am liquor license! This multiple level building gives you loads of entertainment and business opportunities! Wide open First floor includes a Stage, full bar, video gaming, TV's, full Kitchen and entrance beer garden Patio with plenty of seating. Walk down to the lower level with additional bar, stage & dance floor! Upper level includes a fun Rooftop Patio, Bar, room for private parties and Office area! Business, Building, and 2.87 acres of land all included! Adjacent income producing 12.64 acres of property available to purchase as well. The possibilities are endless, possibility convert to new exciting Microbrewery, add additional outside entertainment like volley ball nets great for family fun or leave established buisness As-Is. Included in the sale is a truck with electronic Penny Road Pub billboard for advertising! Please do not bother employees or guests. Restaurant/Bar is open for business as usual and is not closing!
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
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Bought with Brad Bullington • GC Realty and Development