Other Entertainment & Recreation, Bars, Pubs & Taverns
Active
Turnkey Landmark Bar & Restaurant + Beer Garden - Downtown Utica, IL!
North Utica, La Salle County, Illinois, United States
Asking Price$6,500
Revenue-
EBITDA-
Cash Flow-
Description
"Historic 1874 Freestanding Building With Full Bar/24 Taps/Commercial Kitchen/Upstairs Event Space + Outdoor Hospitality Venue With Bar/Stage"
Rare turnkey opportunity in the heart of historic downtown Utica, IL! Lease 2 complementary hospitality venues for just $6,500/mth, modified gross, w/existing furniture, fixtures, equipment & build-outs included in the rent.
This exceptional offering includes a landmark 1874 bar & restaurant bldg + an adjacent outdr beer garden property, complete w/existing furniture, fixtures, equipment as well as bar/restaurant/beer garden infrastructure.
The 4,448 sqft historic bar & restaurant, extensively renovated in 2019, features exposed brick, high ceilings, distinctive architectural details, a full-service bar, 24-tap draft beer system, inviting dining areas, an upstairs event space & commercial kitchen + a full basement with coolers, freezers & storage space. Its prominent corner location, distinctive rounded turret & vintage character create an atmosphere difficult to duplicate!
Plus, its adjacent beer garden property features a distinctive outdr hospitality venue designed w/repurposed shipping containers, custom artwork, outdoor seating & unique architectural features. This unique property offers an inviting setting for craft beverages, live entertainment & seasonal gatherings/events. Includes various seating, firepits, a stage & scenic views of the IL & MI Canal. A sought-after destination for locally crafted beers, meads & ciders + acoustic/rock performances & seasonal gatherings. Situated just across the street from the historic bldg at the same prominent corner location w/its own one-of-a-kind atmosphere.
Together, these 2 properties together create a distinctive indr/outdr drinking, dining & entertainment destination, just minutes from Starved Rock State Park, which welcomes ~2.4M visitors/yr.
Both properties are included in 1 lease, offering the flexibility to operate a coordinated indr/outdr hospitality destination, host private events & capitalize on the region's strong tourism appeal.
3 Options To Acquire This Impressive Bar & Restaurant + Beer Garden
1) Lease Fully Equipped - $6,500/mth; modified gross lease for historic freestanding bldg + adjacent beer garden with FF&E included in the rent (landlord owned); terms negotiable
2) Buy The Business Assets - $99,000; historic freestanding bldg + adjacent beer garden; draft system, build-outs, FF&E, bar & restaurant trade name/goodwill (beer garden name does not convey) included and a new lease at $6,500/mth
3) Buy The Properties - $850,000; historic freestanding bldg + adjacent beer garden; draft system, build-outs, FF&E, bar & restaurant trade name/goodwill (beer garden name does not convey) included
Bring Your Concept Here
Introduce your own visions. The 2 properties are located directly across the street from one another, providing opportunities for shared branding, coordinated events & cross-promotion. The flexible layouts & existing infrastructures accommodate numerous bar/restaurant/entertainment concepts.
Prime Downtown Utica – LaSalle County – Gateway To Starved Rock
Both strategically located in Utica's vibrant Mill Street dining & entertainment district, these high-visibility corner properties benefit from a highly desirable downtown setting & an established tourism economy.
Just 1.6 miles away, Starved Rock State Park is IL' most-visited state park. Other nearby attractions include the scenic IL & MI Canal State Trail, Starved Rock Lodge, Matthiessen State Park, Grand Bear Resort's indoor waterpark & more.
Also, surrounded by other popular restaurants, breweries, wineries, shops & historic attractions .
Downtown Utica is conveniently located near IL-178 & I-80, providing accessibility for local customers/regional tourists.
And downtown Utica's retail vacancy was recently reported at 0%!
Listed By Brian O'Kelly and Ted Aretos at EatZ & Associates/EatZ Real Estate Group LLC
Real Estate
Rent is $6,500 per month
Building Size: 4448 sq. ft.Furniture Fixtures & Equipment
$99k
Year Established
2019
Reason Selling
Has other business interests and cannot devote the time/attention it deserves.
Facilities & Assets
Properties: Includes both the historic 1874 bldg & its adjacent beer garden in downtown Utica. 2 properties, 1 with indoor/outdoor dining & the other a substantial outdoor entertainment venue.
Historic 1874 bldg - ~4,448 sqft 2-story freestanding bldg w/full basement. Historic 1874 masonry bldg. Former Duffy’s Tavern. Substantially renovated in 2019. On 0.06 acres or 2,614 sqft. PIN 19-09-311-008. 2025 RET $7,722.
Beer Garden - A separate, distinctive outdoor hospitality venue adjacent to the bldg (just across the street). 300 sqft bar structure & 4,004 sqft decking. 250 guest capacity. Built in 2021. On 0.12 acres or 5,227 sqft. PIN 19-08-415-015. 2025 RET $4,352.
Both: Class C. Zoned C-1 Central Business District. Downtown street/public parking.
SqFt: 4,748 (~4,448 SqFt Bldg w/Basement + 300 SqFt Bar Structure w/4,004 SqFt Decking)
Seating: 116 In & 204 Out (16 Bar + 45 Dining + 55 Event Space + 58 Outside + 146 Beer Garden).
Value of FF&E: $99,000 (Landlord Owned).
Support & Training
(Space For Lease).
Market & Competition
Established Tourism Destination With Distinctive Hospitality Appeal
Utica serves as a gateway to the Starved Rock region, attracting outdoor enthusiasts, weekend travelers, day-trippers and local customers seeking memorable dining and entertainment experiences.
Few available properties combine a historic, fully equipped restaurant and bar with a separate established outdoor beer garden in the same walkable downtown district.
The complementary venues provide flexibility for year-round indoor hospitality and seasonal outdoor dining, entertainment, and special events.
Growth Opportunities
Bring Your Concept And Make The Most Of Two Unique Venues
Introduce a new restaurant, gastropub, brewery-inspired concept or dining and entertainment destination. Expand operating days and hours, add brunch, catering, private parties and group events or create coordinated food-and-beverage offerings across both properties.
Capitalize on the beer garden's outdoor setting with live music, themed events, seasonal celebrations and tourism-driven gatherings.
Build additional business through online ordering, digital marketing, partnerships with area lodging properties and attractions and cross-promotion between the restaurant and outdoor venue.
Financing Options
No.
Business listed by
Eatz & Associates
EatZ-logo.jpg){kind=logo}