Mori Jo Conkrite
REALTOR®, NWIAR Board Member, NAHREP Board Member, NAHREP Member, PSA Certified
SQUARE FEET882
MLS#12601368
STATUSNew
PROPERTY TYPECommercial - Investment
Property Description
Tin Seng, a successful Chinese take out restaurant with a large and loyal customer base for sale on busy Quentin Road in Palatine is for sale and looking for a new owner/operator. Current owners are retiring. End unit in popular Quentin Corners shopping center with almost 1000 square feet is READY TO GO for a new owner operator. Branding can be transferred as well, if desired. Signage in place, including on a large monument sign leading into the shopping center (see photo). Landlord is willing to rewrite or extend the lease (currently at approximately $2758/month with approximately 14 months left) for an additional five years. Rent includes a base of $24/ft and pass throughs of $13.52/ft. All equipment - freezers, refrigerators, stoves, wok stations and everything you see in the photos, along with fixtures and supplies, come with the sale. Much of the equipment is relatively new. The restaurant owner just spent over $14K for a new HVAC system and most plumbing is new. Schedule a showing to see it today. This is an extremely efficient operation with everything an operator needs already in place. Available parking is right in front.
Property Features
Property Type: Commercial - Investment
Cooling: Central Air
Lot Size: 2.30 Acres
Stories: 1.0
Taxes: $9,000
Feature Descriptions
HVAC: Gas
Lot Dimensions: 99999
Parcel#: 00000000000000
Listed By / Shown By
Listed By
Agency Name: @properties Commercial
Agency Phone: 312-337-0200
Shown By
Agent Name: Mori Jo Conkrite
Agent Phone: (815) 979-9798
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
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801 N Quentin Road | MLS# 12601368
This commercial property located at 801 N Quentin Road, Palatine, IL 60067 is currently listed for sale with an asking price of $42,500. Search Palatine real estate on morijo.bhhscrosby.com today.