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68 N Williams Street

Crystal Lake, IL 60014
  • $200,000
  • STATUS: Active Under Contract
  • ON SITE: 71 Days
  • MLS #: 11740597
Under Contract
$200,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Business Opportunity
County:

School Ratings & Info

Description

Olive Tap for sale which was established in 2017 located in Crystal Lake, IL. At this Olive Tap store, customers can sample oils and vinegars from large stainless-steel urns called Fusti. Side by side, customers will be able to detect the subtle-and sometimes not so subtle-differences in the various extra virgin olive oils, flavored olive oils, vinegars, and balsamic vinegars. The products come from various source countries including Chile, Italy, Spain, Greece, and USA (California) and more! Olive Tap's staff are very knowledgeable with trained tasting consultants to assist the customer to determine the best olive oils and/or vinegars based on their taste preference, food preferences and typical cooking styles. All The Olive Tap's 100% extra virgin olive oils are "first cold pressed" and the business also carries a full line of balsamic vinegars from Modena, Italy and various specialty vinegars from around the world. This location is in a small business district that thrive from the high walking and driving traffic and many other factors but mostly due to being next to the Crystal Lake Metra Train Station. Downtown Crystal Lake is a thriving and beautiful Historic Main Street. Businesses are proud to display their products and services, shoppers relish the pedestrian walkways and diners love our restaurants Downtown Crystal Lake offers a year-round calendar of family-friendly events such as Farmers Market, Johnny Appleseed Festival, and the Festival of Lights Parade. All Crystal Lake events are organized and staffed by volunteers. Business owners and community residents contribute their time, talent, and funds to keep the downtown filled with activity. Lease info: Lease ends 12/31/2026 one- two (2) year extension.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Maranda Real Estate Group | @Properties. Based on information submitted to the MRED as of 2023-05-29T23:57:21.467 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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68 N Williams Street Crystal Lake, IL 60014

  • Price: $200,000
  • Status: Active Under Contract
  • On Site: 71 Days
  • MLS #: 11740597
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Crystal Lake / Lakewood / Prairie Grove
County:
McHenry
Area:
Crystal Lake / Lakewood / Prairie Grove
Property Description
Olive Tap for sale which was established in 2017 located in Crystal Lake, IL. At this Olive Tap store, customers can sample oils and vinegars from large stainless-steel urns called Fusti. Side by side, customers will be able to detect the subtle-and sometimes not so subtle-differences in the various extra virgin olive oils, flavored olive oils, vinegars, and balsamic vinegars. The products come from various source countries including Chile, Italy, Spain, Greece, and USA (California) and more! Olive Tap's staff are very knowledgeable with trained tasting consultants to assist the customer to determine the best olive oils and/or vinegars based on their taste preference, food preferences and typical cooking styles. All The Olive Tap's 100% extra virgin olive oils are "first cold pressed" and the business also carries a full line of balsamic vinegars from Modena, Italy and various specialty vinegars from around the world. This location is in a small business district that thrive from the high walking and driving traffic and many other factors but mostly due to being next to the Crystal Lake Metra Train Station. Downtown Crystal Lake is a thriving and beautiful Historic Main Street. Businesses are proud to display their products and services, shoppers relish the pedestrian walkways and diners love our restaurants Downtown Crystal Lake offers a year-round calendar of family-friendly events such as Farmers Market, Johnny Appleseed Festival, and the Festival of Lights Parade. All Crystal Lake events are organized and staffed by volunteers. Business owners and community residents contribute their time, talent, and funds to keep the downtown filled with activity. Lease info: Lease ends 12/31/2026 one- two (2) year extension.
Exterior Features

Lot Size Less Than .25 Acre Outdoor Parking 1-5 Spaces Parking Total 2

Interior Features

Cooling Central Individual Heat Ventilation Individual Furnaces

Property Features

Adjusted Net Income 81537 Adjusted Net Income Year 2022 Annual Rent For Real Estate 35365 Business Age 7-10 Years Business Type FitnessRetail Contingency Financing Continue To Show No - Has Seller Written Direction Corporate Limits Crystal Lake Electric Service - 101 To 200 Amps Gross Profit Year 2022 Gross Sales Annual 316993 Gross Sales Annual Year 2022 Mls Actual Status Contingent Operating Expense 140380 Ownership Types Corporation Property Offered For Rent Only Real Estate Included Yes Rental Price 16.55 Sale Price Includes BusinessEquipmentFranchise Transfer FeeTrade FixturesInventoryCustomer ListOwner Will TrainFranchise RightsPhone NumberBusiness Name Tax Annual Amount 9999999 Tax Year 2021 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatInsuranceRepairsScavengerSewer Type Bus / Bus W/Real Est Type Of Lease Gross LeaseLease AssignableFranchise Approval ReqRenewal Options Utilities Electric To SiteGas To SiteSanitary Sewer Zoning Commr

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Commercial Nrt: 312-860-4043.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Maranda Real Estate Group | @Properties. Based on information submitted to the MRED as of 2023-05-29T23:57:21.467 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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