Building Details:
• Year Built: 1991
BANK ORDERS SEALED BID SALE
The property is a vacant free-standing 9,150 sf restaurant facility on a 1.72 acre site. Originally constructed in 1991 and renovated in 2005, the property had continuously operated as a Boston Blackie' s until the business closed in early 2010. The property is being offered as-is, where-is' as an equipped restaurant facility, including indoor and outdoor patron seating areas, bar, kitchen, and restrooms. However, current zoning permits a wide variety commercial and retail uses.
Zoned: B-3, General Service, Wholesale and Motor Vehicle District by the Village of Arlington Heights
Lot Size: 1.72 acres (288' along Algonquin Road and +/-200' along S. Tonne Drive), includes on-site parking for 96 vehicles
Construction: Face brick
Age: Built in 1991
Roof: Flat
Daily Traffic Count: 32,900 vehicles along Algonquin Road; 47,200 along nearby Arlington Heights Road.
Taxes: $113,205.15 (2009)
Located at the northeast corner of Algonquin Road and S. Tonne Drive in Arlington Heights, the property is less than one mile northeast of the Arlington Heights Road exit to I-90 (Northwest Tollway) providing easy access from downtown Chicago as well as west and south suburban Chicagoland. The property is surrounded by residential development to the north and a plethora of other commercial uses to the west, south and east, including the Woodfield Mall development area in neighboring Schaumburg.
Bank also selling former Boston Blackie's Restaurant in Chicago (Streeterville/Mag Mile). See www.dkrealty.com/blackies for details.
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