Retail Space
701 East Diggins Street Harvard, IL 60033
Details & Description
Price: $525,000
    132 Seat 4,656 SF restaurant and bar on busy Route 173, plus renovated 2,308 SF 3 BR house (potential $1300-$1500/mo rent).Restaurant comes with full kitchen including pizza oven, hood with Ansul system, walk-ins, grease trap (see detailed list of FF&E) plus potential for 5 video gaming machines. Owner bought in 2017 and ready to retire. Full liquor license. Full basement with huge storage capacity. 54 paved parking spaces.Older frame house recently remodeled with new HVAC, appliances, etc. Buy business (asset sale), restaurant building and house for reduced package price of $525,000. Please do not talk to employees.
    Property Highlights
    Additional Photos
    Listing Agents
    Bruce Kaplan

    O: 847-854-2300
    M: 847-507-1759
    brucek@premiercommercialrealty.com
    Kevin Kaplan

    O: 847-854-2300
    M: 309-261-0920
    kevink@premiercommercialrealty.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    701 East Diggins Street

    Harvard, IL 60033

    Listing ID: 301634
    • 701 East Diggins Street Harvard, IL 60033 | for Sale | Photo 1
    • 701 East Diggins Street Harvard, IL 60033 | for Sale | Photo 2
    • 701 East Diggins Street Harvard, IL 60033 | for Sale | Photo 3
    • 701 East Diggins Street Harvard, IL 60033 | for Sale | Photo 4
    • 701 East Diggins Street Harvard, IL 60033 | for Sale | Photo 5
    • 701 East Diggins Street Harvard, IL 60033 | for Sale | Photo 6
    • 701 East Diggins Street Harvard, IL 60033 | for Sale | Photo 7
    • 701 East Diggins Street Harvard, IL 60033 | for Sale | Photo 8
    • 701 East Diggins Street Harvard, IL 60033 | for Sale | Photo 9
    • 701 East Diggins Street Harvard, IL 60033 | for Sale | Photo 10
    • 701 East Diggins Street Harvard, IL 60033 | for Sale | Photo 11
    • 701 East Diggins Street Harvard, IL 60033 | for Sale | Photo 12
    • 701 East Diggins Street Harvard, IL 60033 | for Sale | Photo 13
    • 701 East Diggins Street Harvard, IL 60033 | for Sale | Photo 14
    • 701 East Diggins Street Harvard, IL 60033 | for Sale | Photo 15
    • 701 East Diggins Street Harvard, IL 60033 | for Sale | Photo 16
    • 701 East Diggins Street Harvard, IL 60033 | for Sale | Photo 17
    • 701 East Diggins Street Harvard, IL 60033 | for Sale | Photo 18
    • 701 East Diggins Street Harvard, IL 60033 | for Sale | Photo 19
    • 701 East Diggins Street Harvard, IL 60033 | for Sale | Photo 20
    • 701 East Diggins Street Harvard, IL 60033 | for Sale | Photo 21
    • 701 East Diggins Street Harvard, IL 60033 | for Sale | Photo 22
    • 701 East Diggins Street Harvard, IL 60033 | for Sale | Photo 23
    701 East Diggins Street | for Sale | Thumbnail 1
    701 East Diggins Street | for Sale | Thumbnail 2
    701 East Diggins Street | for Sale | Thumbnail 3
    701 East Diggins Street | for Sale | Thumbnail 4
    701 East Diggins Street | for Sale | Thumbnail 5
    701 East Diggins Street | for Sale | Thumbnail 6
    701 East Diggins Street | for Sale | Thumbnail 7
    701 East Diggins Street | for Sale | Thumbnail 8
    701 East Diggins Street | for Sale | Thumbnail 9
    701 East Diggins Street | for Sale | Thumbnail 10
    701 East Diggins Street | for Sale | Thumbnail 11
    701 East Diggins Street | for Sale | Thumbnail 12
    701 East Diggins Street | for Sale | Thumbnail 13
    701 East Diggins Street | for Sale | Thumbnail 14
    701 East Diggins Street | for Sale | Thumbnail 15
    701 East Diggins Street | for Sale | Thumbnail 16
    701 East Diggins Street | for Sale | Thumbnail 17
    701 East Diggins Street | for Sale | Thumbnail 18
    701 East Diggins Street | for Sale | Thumbnail 19
    701 East Diggins Street | for Sale | Thumbnail 20
    701 East Diggins Street | for Sale | Thumbnail 21
    701 East Diggins Street | for Sale | Thumbnail 22
    701 East Diggins Street | for Sale | Thumbnail 23
    Building Size: 6,964 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $75.39
    Land $/SF:
    Price
    $525,000
    Property Highlights
    Years Built 2005 (Rest.) 1905 (house)
    HVAC System GFA / Central Air
    Parking 54
    Business Hours 11 a.m. - 9 p.m. Wed - Sun closed Mon & Tues
    # of Employees 5
    Reason to Sell Retirement
    Sewer/Water City
    Real Estate Taxes $20,133.56 (2021)
    Gross Sales $495,096 2021 $394,609 2020
    Inventory Value sold at cost
    PIN (house) 01-36-303-001 (restaurant) 01-36-303-017,003
    Description

    132 Seat 4,656 SF restaurant and bar on busy Route 173, plus renovated 2,308 SF 3 BR house (potential $1300-$1500/mo rent).

    Restaurant comes with full kitchen including pizza oven, hood with Ansul system, walk-ins, grease trap (see detailed list of FF&E) plus potential for 5 video gaming machines. Owner bought in 2017 and ready to retire. Full liquor license. Full basement with huge storage capacity. 54 paved parking spaces.

    Older frame house recently remodeled with new HVAC, appliances, etc. Buy business (asset sale), restaurant building and house for reduced package price of $525,000. Please do not talk to employees.

    Attachments & Files

    Traffic Counts

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Rockford History of Retail Space for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    Harvard Area Market Trends

    Listing Demographics for 701 East Diggins Street Harvard, IL 60033

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population3,9338,23411,826
    Population Median Age323335
    Population by Age0-9 Yrs658 (16%)1283 (15%)1760 (14%)
    10-19 Yrs908 (23%)1804 (21%)2313 (19%)
    20-29 Yrs481 (12%)1000 (12%)1423 (12%)
    30-39 Yrs626 (15%)1301 (15%)1747 (14%)
    40-49 Yrs321 (8%)675 (8%)971 (8%)
    50-59 Yrs365 (9%)853 (10%)1331 (11%)
    60-69 Yrs311 (7%)737 (8%)1252 (10%)
    70+ Yrs264 (6%)582 (7%)1029 (8%)
    Median HH Income$49,786$56,234$58,568
    Total Household Income< 24K363 (28%)570 (21%)716 (18%)
    25-49K286 (22%)626 (23%)937 (23%)
    50-74K210 (16%)553 (20%)871 (21%)
    75-99K203 (15%)383 (14%)612 (15%)
    100-199K201 (15%)431 (16%)692 (17%)
    200K+32 (2%)75 (2%)132 (3%)
    Highest Education LevelNo Diploma61113471739
    Diploma or GED74715912445
    Some College4059111450
    Assoc. Degree57223377
    Bachelors Degree226423731
    Higher Degree118160290
    Total Housing Units1,3652,8614,268
    --Owner-Occupied7261,5222,486
    --Renter-Occupied5691,1161,474
    Owner-Occupied Values< 100K192317395
    100-199K4708921325
    200-299K34180360
    300-399K2684265
    400-499K12073
    500K+42967
    Total Working Age Population2,6335,6868,430
    In Work Force1,8513,9725,727
    Not In Work Force7821,7142,703
    Workforce Employed1,5893,5735,233
    Workforce Unemployed262399494
    Civlian Workforce1,8513,9725,727
    Military Workforce000
    Total Households1,2962,6383,961
    Family Households9511,9742,926
    Non-Family Households3446641,035
    Married Couple5521,2972,048
    Other Family399676878
    Married w/Child320716975
    Single Male w/Child1494178
    Single Female w/Child243334381

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Illinois12,419,293+312,830,632+1214,316,487+615,138,849
    McHenry County260,077+19308,760+32407,931+9443,398

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 701 East Diggins Street in Harvard?
    The asking price for 701 East Diggins Street is $525,000
    What is the building size of this Retail property in Harvard, IL?
    The size of the building/unit at 701 East Diggins Street in Harvard is 6,964 square feet
    What kind of Retail is the propery at 701 East Diggins Street?
    The property at 701 East Diggins Street Harvard, IL 60033 is listed as a Food Service Retail property
    What is the population within 1 mile of 701 East Diggins Street in Harvard?
    The population within 1 mile of 701 East Diggins Street Harvard, IL 60033 is 3,933 people.
    Who do I contact for questions about 701 East Diggins Street?
    You should contact the listing agent, Bruce Kaplan , for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    500 South Division Street, Harvard, IL CALL 6525 -
    315 North Madison Street, Woodstock, IL $1,750,000 2500 -
    221 - 231 E Calhoun St, Woodstock, IL $515,000 9815 0.35
    693 E Geneva St, Williams Bay, WI CALL 2034 0.38
    100 North State Street, Marengo, IL $225,000 3484 0.04
    102 North State Street, Marengo, IL $185,000 3000 0.05
    215 South State Street, Marengo, IL CALL 1850 0.06
    11601 Catalpa Lane, Woodstock, IL $1,500,000 11300 1
    723 Williams Street, Lake Geneva, WI $4,750,000 1972 -
    200 North Edwards Boulevard, Lake Geneva, WI $10,410,000 51369 5.36

    Closest Commercial Airports

    Airport Distance (mi)
    Chicago Rockford International Airport (RFD) 30
    Chicago O'Hare International Airport (ORD) 47
    General Mitchell International Airport (MKE) 51