Property for Sale: 4275 W Grand Ridge, Verona, IL 60479

$1,599,000
$1,599,000
4275 W Grand Ridge, Verona, IL 60479
$1,599,000
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Price:
$1,599,000

Type Commercial

City Verona
County Grundy

MLS 12085299
Status Active
The owners of this well known establishment have decided to retire, creating an opportunity for a buyer to purchase a high volume restaurant-bar that is very profitable. EJ Karz is the combination of a busy restaurant with a 60 seat dining room, a spacious bar that seats 24 with plenty of room for a standing crowd, and an outdoor bar in a recently constructed pavilion which is nestled in the shade of tall oak trees, and offers seating for 260 people! The 6,400 sq.ft. restaurant/bar building, outdoor bar and seating area, and large parking lot is on 3.7 acres with lush green grass and towering oak trees! The fully equipped kitchen is spotless and provides plenty of room in an efficient layout for high volume food sales. The beautiful bar and back bar is laid-out for high volume and features a beer cooler that has glass doors from the walk-in cooler making restocking the bar a breeze! The video gaming machines add additional profit. There is a covered front deck on the building that seats 40+ people and a balcony on the back of the building that overlooks the stage, outdoor seating area and huge concrete patio. There is also a large basement with high ceilings and poured concrete walls that opens to the back patio. The basement is not currently used by customers or for events, but has been in the past. EJ Karz draws patrons from a very large area and has had events with live music and over 1,000 people in attendance! If you are looking for a very profitable, turn-key food and beverage business, you need look no further! This business is closed on Mondays and during summer holidays, so there would be additional revenue and profit for new owner who wants to be open 7 days a week and on summer holidays! The sale will include the business class C and package liquor licenses. Please check out this business as a customer; the food is delicious, the drinks are cold, the service is friendly, and the relaxed atmosphere is great! Then make an appointment to tour the business with a real estate broker on a Monday, or before or after business hours.

Lot & Building Features

Construction Concrete, Wood Frame
Cooling Central Air
Tax Year 2023
Lot Dimensions 490X330 ft

Price History of 4275 Grand Ridge, Verona, IL

Date Name Price Difference
12/31/1969 Listing Price $1,599,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Bill Biros
Bill Biros
Broker/Owner
Direct: 708-237-7711
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Century 21 Coleman-Hornsby, Shawn Hornsby
$
20%
1%
6.75%
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$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

4275 Grand Ridge (MLS #12085299) is a commercial listing located in Verona, IL. This property was listed on 06/15/2024 and has been priced for sale at $1,599,000.

Nearby zip codes are 60437, 60444, 60450 and 61360. This property neighbors other cities such as Kinsman, Mazon, Morris and Seneca.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Century 21 Coleman-Hornsby