$1,200,000
$1,249,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
64 Green Bay Road Winnetka, IL 60093
3,350 SqFt
Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Retail/Stores
Listing Status Sold
Purchase Type For Sale
Square Footage 3,350 sqft
Price per Sqft $358
MLS Listing ID 12103832
Sold Date 08/16/24
Year Built 1960
Annual Tax Amount $35,972
Tax Year 2023
Lot Dimensions 75 X 105
Property Description
It is so very hard to find solid/turn-key/true triple net real estate investment opportunities anywhere on the North Shore. It is even harder to find that elusive asset with a rock star tenant of 19 years looking to continue and thrive for years to come. This property is being sold subject to the lease-hold interest of the current tenant with options through 2032. This property located at 64 Green Bay Road in Winnetka is the home of ABOYER...a contemporary American-French restaurant pushing the boundaries of classic cuisine. ABOYER is a proven success and the operators are ideal tenants with an unblemished record of meeting their financial obligations year in and year out. We have a July, 2023 appraisal report using both the sales comparison approach and income capitalization approach which sets the value at $1.4 million. A copy of the appraisal report and current lease are available upon request to serious & qualified prospects and their representatives.
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
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Bought with Deborah Gross • Jameson Commercial