500 Ela Road
500 Ela Road
$470,000
32,234 / 0.74
Closed 6/30/23
Description
This two parcel land property is separated by a side street. The main parcel, which includes the restaurant building, is positioned at the southeast corner of the signalized intersection of Main Street (IL-22) and Ela Road. The parking parcel is positioned at the Southeast corner of Ela Road and Maple Avenue. The total combined site are is 32,203 square feet (0.74 acre). Both parcels include paved parking lots with a total of 62 parking spaces(23.25 spaces per 1,000 square feet of building area)....This two parcel land property is separated by a side street. The main parcel, which includes the restaurant building, is positioned at the southeast corner of the signalized intersection of Main Street (IL-22) and Ela Road. The parking parcel is positioned at the Southeast corner of Ela Road and Maple Avenue. The total combined site are is 32,203 square feet (0.74 acre). Both parcels include paved parking lots with a total of 62 parking spaces(23.25 spaces per 1,000 square feet of building area). Site improvements include a dining patio, signage, Municipal water, sanitary sewer, electricity gas and telephone service are all available. Current Zoning is B-1 ( Local and Community Business District by the Village of Lake Zurich). The Restaurant building built in 1981 is a one and part two-story full service bar/restaurant building of masonry and frame construction. It has a ground floor area of 2,175 square feet and second floor being 480 square feet totaling a gross building area of 2,655 square feet. There is also a full usable basement which stores two walk in coolers and can be used for dry storage. Zoning permitted uses in the district include most retail, commercial service, restaurants, banks, medical and professional offices and fitness facilities. Uses requiring a special use permit include live entertainment accessory to a restaurant, drive-through facilities, auto repair shops, gas stations, child day care facilities, hotels, veterinary offices, pet grooming services and contractors offices/yards.
- Listed by Paul Proano • Coldwell Banker Commercial NRT
Sold By Keller Williams ONEChicago
Property Details for 500 Ela Road
Area
Hawthorn Woods / Lake Zurich / Kildeer / Long Grove
TownshipEla
OwnershipFee Simple
Num Of Cars0.0
Heat/FuelNatural Gas, Forced Air
ZoningCOMMR
Location
LISTING UPDATED: 07/01/2023 08:23 AM
Property Details for 500 Ela Road
Status | Closed |
---|---|
MLS # | 11693975 |
Days on Market | 181 |
Taxes | $14,321 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land |
Year Built | - |
Lot Size | 0.74 AC |
County | Lake County |
Location
Building Information for 500 Ela Road
Lot Size0.74 AC
Payment Calculator
$3,758 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 500 Ela Road
Property History for 500 Ela Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 500 Ela Road
Taxable ValueLand$28,283Additions$91,269Total$119,552
Tax Record2023$9,340 ($778 / month)
Home Facts
Lot Size8,368 SqFtStyleMiscellaneous CommercialCountyLAKEAPN14-20-301-002
Schools near 500 Ela Road
This home is within Lake Zurich Community Unit School District 95.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
May Whitney Elementary School PublicPK to 5 | ||
Lake Zurich Middle - N Campus Public6 to 8 | ||
Lake Zurich High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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