Michael Rein Real Estate Team

24232 North Lakeside Drive
Lake Zurich, IL 60047

Active

$639,000

  • Share
  • Print
  • Hide
  • Favorite
  • 1/4/2019 List Date

  • 4,201 Bldg Sq Feet

Opportunity is presenting itself with this lakefront pub/restaurant/bar loaded with potential to reestablish as a "destination". Imagine lakefront dining with a southwest view of scenic Forest Lake. The 182' pier is perfect for the locals to stop by with their boats. Develop a seasonal outdoor dining/events following on the patio. Perhaps even convert the onsite garage into an outside service bar? Currently there are living quarters in addition to the commercial area, potential to convert some of the living areas into dining/gaming rooms... Zoning is currently limited commercial/split zoning that allows for both the business and living quarters/residential. Sale includes everything currently onsite in as-is/where-is condition. Note 4 Pin #'s. Former owner states paved parking area can be expanded.
MLS#
10165185
Property Type
Commercial
original price
$639,000

Additional Details

Exterior

This listing 24232 North Lakeside Drive Lake Zurich, Il 60047 is a bus / bus w/real est listing on a lot of 35,900 sqft (or 35900). 24232 North Lakeside Drive is located in Lake Zurich and in ZIP Code 60047. It has been listed on our site since 1/4/19.

Presented by

Michael Rein

  • Direct 847.796.5229
  • Cell 847.208.4189

Listing Office

Baird & Warner

© 2019 Midwest Real Estate Data LLC. All Rights Reserved.

Broker Reciprocity

All information provided is deemed reliable but is not guaranteed and should be independently verified. School assignments are subject to change. Please consult with the appropriate school system for student assignment.

Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Baird & Warner are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers.

*Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

Photo of

Key Mortgage Services

Office 877.296.5757 Il License #1012 NMLS# 155748 Prequalify