553 W Kennedy Road Braidwood, IL ^$ 550,000

553 W Kennedy Road

^$ 550,000

Back to search

553 W Kennedy Road

Braidwood, IL, 60408

^$ 550,000

Studio Baths0.0 Sq 8,000

Monthly Estimate*

^$ 3,655

553 W Kennedy Road, Braidwood, IL 60408 - Image 1

553 W Kennedy Road, Braidwood, IL 60408 - Image 2

553 W Kennedy Road, Braidwood, IL 60408 - Image 3

553 W Kennedy Road, Braidwood, IL 60408 - Image 4

553 W Kennedy Road, Braidwood, IL 60408 - Image 5

553 W Kennedy Road, Braidwood, IL 60408 - Image 6

553 W Kennedy Road, Braidwood, IL 60408 - Image 7

553 W Kennedy Road, Braidwood, IL 60408 - Image 8

553 W Kennedy Road, Braidwood, IL 60408 - Image 9

553 W Kennedy Road, Braidwood, IL 60408 - Image 10

553 W Kennedy Road, Braidwood, IL 60408 - Image 11

553 W Kennedy Road, Braidwood, IL 60408 - Image 12

553 W Kennedy Road, Braidwood, IL 60408 - Image 13

553 W Kennedy Road, Braidwood, IL 60408 - Image 14

553 W Kennedy Road, Braidwood, IL 60408 - Image 15

553 W Kennedy Road, Braidwood, IL 60408 - Image 16

553 W Kennedy Road, Braidwood, IL 60408 - Image 17

553 W Kennedy Road, Braidwood, IL 60408 - Image 18

553 W Kennedy Road, Braidwood, IL 60408 - Image 19

553 W Kennedy Road, Braidwood, IL 60408 - Image 20

553 W Kennedy Road, Braidwood, IL 60408 - Image 21

553 W Kennedy Road, Braidwood, IL 60408 - Image 22

553 W Kennedy Road, Braidwood, IL 60408 - Image 23

553 W Kennedy Road, Braidwood, IL 60408 - Image 24

553 W Kennedy Road, Braidwood, IL 60408 - Image 25

553 W Kennedy Road, Braidwood, IL 60408 - Image 26

553 W Kennedy Road, Braidwood, IL 60408 - Image 27

553 W Kennedy Road, Braidwood, IL 60408 - Image 28

553 W Kennedy Road, Braidwood, IL 60408 - Image 29

553 W Kennedy Road, Braidwood, IL 60408 - Image 30

553 W Kennedy Road, Braidwood, IL 60408 - Image 31

553 W Kennedy Road, Braidwood, IL 60408 - Image 32

553 W Kennedy Road, Braidwood, IL 60408 - Image 33

553 W Kennedy Road, Braidwood, IL 60408 - Image 34

553 W Kennedy Road, Braidwood, IL 60408 - Image 35

553 W Kennedy Road, Braidwood, IL 60408 - Image 36

553 W Kennedy Road, Braidwood, IL 60408 - Image 37

553 W Kennedy Road, Braidwood, IL 60408 - Image 38

Studio

Commercial Property for sale in Braidwood, IL

for $550,000. This 8,000 square foot building was built in 1990 on a lot size of 1.37741.

Rare Opportunity to OWN or LEASE this Amazing 8,000 sq ft Waterfront Building on 1.38 acres ready for your Restaurant, Bar & Banquet Venue. Building has 6,500 sq ft already built-out with a Kitchen with Exhaust Vent Hood with Heated Makeup-Air, Prep Kitchen, Dining area, Banquet Area, Sports Bar area, walk-in cooler and 3 public bathrooms and an employee private bathroom. Banquet Area has views of the lake, Huge Outdoor Beer Garden features concrete patio, bar & plenty of room for outdoor activities. Building also features a second floor apartment with a full kitchen, bath, family room that could be converted to an awesome Bridal Suite for weddings / banquets. More thank 100+ parking spaces! This is a once in a lifetime opportunity for the experienced & established RESTAURANT / BAR / BANQUET HALL entrepreneur

Commercial Active

Price

^$ 550,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 9,420

Style

Lot Size

1.37741

Year Built

1990

Town/City

Braidwood

County/Region

Will

MLS | Web ID

11890305

Features

General

Cooling Central Air Ceiling Fan(s)

Utilities Electric to Site Gas to Site Sanitary Sewer Water-Municipal

Possession Closing

Roof Metal

Zoning RTAIL

Year Built 1990

Electric Circuit Breakers Service - 201 to 600 Amps

Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Insurance Repairs Scavenger Sewer Varies by Tenant

Stories 1

Township Reed

Property SubType Restaurant

Tax Year 2022

County Will

Net Operating Income 0

Property Type Commercial Sale Retail/Stores

Status Active

Directions I-55 to Reed Rd Exit (Exit 233) East 1/2 Mile to Property

City Braidwood

MLS Area Braidwood

Lot Size Square Feet 60000

Street Name Kennedy

Tax Annual Amount 9420.96

Additional Parcels Y/N Y

Leasable Area 8000

Days on Market 155

Lease Type Net

Standard Status Active

Interior

Flooring Concrete

Street Suffix Road

Exterior

Foundation Details Concrete Perimeter

Building Area Total 8000

Lot Dimensions 240' X 250'

* Excluded Features

List By

Citywide Realty Llc

Broker

roy.novak@comcast.net

Affordability Calculator

$4,440

Per Month

Monthly Principal & Interest: $3,655
Monthly Property Taxes: $785
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Braidwood, IL

Average List Price ^$1,219,500

Percent of Sale Price 122%

About Braidwood, IL

6,182 Population

17% Since 2002

^$61,534 Median Income

40.82 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/15/2023	$550,000	-4.35%	Price Down
10/5/2023	$575,000	-3.36%	Price Down
9/21/2023	$595,000		Listed Price

Map

More homes like this one

homes for you

See all

553 W Kennedy Road, Braidwood, IL, 60408 is a Commercial Property for sale at $550,000 with 8,000 sqft and a lot size of 1.37741. 553 W Kennedy Road is a studio with 0.0 baths and was built in 1990. The property's zip code is 60408 which is in Braidwood, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 6/6/2024.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

553 W Kennedy Road

Commercial Property for sale in Braidwood, IL

Affordability Calculator

Map

More homes like this one

Get more info about this home