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Vickie's Place 1211 N River Rd

3,336 SF Retail Building Mchenry, IL 60051 $1,550,000 ($465/SF)

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Investment Highlights

Waterfront on the Fox River in Downtown McHenry, IL.

40+ boat slips

Executive Summary

Ideal waterfront property on the Fox River in downtown McHenry, IL. An investor could look into redevelopment opportunities or keep the existing operating restaurant. The current business, Vickie’s Place, is a long time community restaurant that has endured the tests of time. The business and real estate are included in the sale price. The property features water frontage with 40+ boat slips and 50+ parking spots. The business includes all FF&E with the sale.

Vickie's Place (1) (1)

Property Facts

Sale Type

Investment or Owner User

Sale Condition

Business Value Included

Property Type

Retail

Property Subtype

Restaurant

Building Size

3,336 SF

Building Class

Year Built

1972

Price

$1,550,000

Price Per SF

$465

Tenancy

Single

Building Height

1 Story

Building FAR

0.13

Lot Size

0.59 AC

Zoning

C-3 - Commercial

Parking

50 Spaces (14.99 Spaces per 1,000 SF Leased)

About 1211 N River Rd , Mchenry, IL 60051

Population in a 5-mile radius is 65,286 and 288,488 in a 10-mile radius seeing strong population growth trends as millennials continue fleeing high tax Cook and Lake County for the highly rated school systems and quality of life in McHenry County. Median age in a 10-mile radius is 39.6 with 29% of the population having obtained a bachelor’s degree or higher. Average household income of $103,875 and 89,185 employees working at 9,098 business in the 10-mile radius with Food & Alcohol spending seeing nearly $1 billion or $3,397 per capita and $9,576 per average household. Vehicle traffic exceeds 24,000 vehicles per day passing the restaurant

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