Tupelo Data Room
Bars, Pubs & Taverns, Other Restaurants & Food
Active

Fully Built-Out & Equipped Restaurant Downtown Bartlett, IL-For Lease!

Bartlett, Cook County, Illinois 60103-4423, United States
Asking Price$6,000
Revenue-
EBITDA-
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Description
Fully Built-Out & Equipped Restaurant Downtown Bartlett, IL - Space For Lease! "In The Heart Of Downtown Bartlett’s Vibrant Main Street Corridor" Incredible opportunity to lease a fully renovated, built-out and equipped restaurant with bar, plus additional space on its lower level. Space Features: - Attractive storefront with strong curb appeal along Main St - Premium finishes and contemporary design - Existing restaurant footprint with significant infrastructure already in place - Large bar, ample seating and separate gaming area - Lower-level room for private events, parties, etc… - Can add an additional 585 sqft gaming only space & another 1,170 sqft private event room with additional rent - Fully equipped commercial kitchen featuring a Fiero Forni pizza oven - Existing substantial landlord owned equipment package valued at $250,000 - Turnkey - accelerated opening timeline - Ready to operate with minimal capital expenditure - Bring your concept here! The space is ideally suited for a wide range of concepts including a pizza place, Italian restaurant, neighborhood bar & grill, wine/cocktail lounge or any other specialty concept (Mediterranean, farm-to-table, etc). Need to re-apply for liquor and gaming licenses. Prime retail space in a fully renovated multi-tenant strip center. Boasts high visibility, easy access and ample parking. Also, high foot and vehicle traffic! Perfectly situated on S Main St between E Railroad Ave and E Devon St in the heart of downtown Bartlett’s vibrant Main Street corridor. Surrounded by many local restaurants, shops, services and businesses, plus a vast residential area. Well positioned in the core of historic downtown Bartlett, just one block from its Metra train station. Location Highlights: • Located on Main St • Walking distance to the Bartlett Metra Station (Milwaukee District West Line) • Surrounded by a mix of local restaurants, boutiques, services and businesses • Strong daytime population and commuter traffic from Metra riders • In close proximity to residential neighborhoods with stable and growing households • Over 9,000 residents with an avg household income over $125,000 within a 3-mile radius and over 50,000 residents with an avg household income over $120,000 and over 150,000 residents within a 5-mile radius with an avg household income over $105,000 • Minutes from major thoroughfares including Lake St (US 20), Sutton Rd (Route 59), Stearns Rd and Army Trail Rd • Easy access to Elgin, Streamwood, Hanover Park and Schaumburg Feel free to stop by the location first. If interested, please email Ted Aretos at [email protected] or call 815-761-8334 for more information. Showings by appointment only.
Real Estate
Rent is $6,000 per month
Building Size: 2706 sq. ft.
Reason Selling
Landlord looking for tenant.
Facilities & Assets
SqFt: 2,706 Sqft (2,121 SqFt 1st Floor + 585 Lower Level). Seats: 75-100. Hrs: Closed. Value of FF&E: Not Included In Asking Price (Landlord Owned - Valued at $250,000). Value of Inventory: Not Included In Asking Price. Lease Information: Lease the space for $6,000/mth gross. Landlord will provide a new 5-year lease with options. Three months rent due at lease signing. Property Information: One-story building (strip center) with walk-out lower level in the rear. On 30,056 sqft or .69 acres of land. Completely renovated in 2023 including electric, plumbing, gas and more with high-end construction materials.
Market & Competition
• Established/loyal local dining base in Bartlett & surrounding suburbs • Limited availability of turnkey restaurant spaces in downtown settings • Charming, walkable setting difficult to replicate in suburban markets • Strong demand for independent, chef-driven & experiential dining concepts in the area • Consistent traffic from commuters, residents & local events/festivals • Nearby schools, parks & community amenities drive family traffic
Growth Opportunities
With its strong street presence and proximity to the Metra station, this location benefits from both local neighborhood traffic and commuter-driven exposure.
Financing Options
No.

Business listed by

Ted Aretos

Eatz & Associates

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