• Listing status icon

    $6,900,000

  • Active | MLS#: 09294747

1301 American Lane Schaumburg, IL 60173

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Overview

Fantastic opportunity to own this 22,668 ft restaurant and banquet facility. Its a one of a kind experience. This upscale property is located on approximately 4.294 acres with parking for 265 vehicles. This restaurant is 2 stories with a beautiful open staircase to the Loft. The banquet area is divisible and can accommodate 350 guests or small private or business gathering. It can be serviced from the main kitchen or from the secondary kitchen located on this level. There is also exterior access to a patio and additional private rooms. The main floor also has separate private rooms, a main bar area with room for entertainment and a wine room. The dining area is open to the kitchen for full enjoyment and interaction. Multiple fireplaces and water falls add to the ambiance. The large receiving doc is conveniently located off the main kitchen. The basement allows for storage, an employee area, chef's office and a secure accounting area. The facility is currently closed.

Listing provided courtesy of: Century 21 Affiliated

General Features

  • Type of Business Bar/Lounge/Nite Club, Restaurant
  • Information Listing Agent Must Accompany
  • Potential Use Commercial, Liquor License
  • Business SqFt. 22000
  • Building SqFt. 22668
  • Business Age 1-3 Years
  • Zoning OTHER
  • Location Central Business District
  • Sale Includes Land,Building,Business
  • Taxes 209312
  • County Cook

Building Features

  • Construction Brick
  • Heating Forced Air, Gas
  • Air Conditioning Central Air

Room Features

Property Features

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Price & Status History

Days on Market

  • This property has been listed on the market for 185 days

Location

The property map location is: Accurate, based on Google's address match.

Walk Score

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Local:

Demographics
Schools
Days on Market

Community Demographics for Zip Code 60173 (Schaumburg)

  • Housing Occupancy

    Home Owners
    2,575
    37%
    Renters
    3,765
    53%
    Vacant
    708
    10%
    Total Housing Units
    7,048
  • Households

    Average Household Size
    2.27
    Housing Density (People per square mile)
    2,364

Age Range (number of people)

Age 0-14
2,772
Age 15-24
1,559
Age 25-39
2,438
Age 40-59
4,652
Age 60-79
2,589
Age 80+
456
Total
14,466

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 60173 (Schaumburg)

Private Schools in Zip Code 60173 (Schaumburg)

* This list of schools may not match the property above.

  • GREEN TREE SCH CORP CENTER
    1501 WOODFIELD RD SUITE 1055 Schaumburg, IL 60173
    Phone: 8476192722
    PreK-K
  • Grade Size Distribution
    • PreK
    • 10
    • Knd
    • 28
    • Teachers: 0
    • Students per Teacher: N/A
    • Students: 38

* School data provided by US Department of Education


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* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional