For Sale

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

In The Heart Of Downtown Bartlett’s Vibrant Main Street Corridor

Bartlett, IL

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Food Type: American, Any, Bar/Pub/Tavern/Lounge, Greek/Mediterranean, Grill, Italian, Pizza Place

Service Type: Full Service

Business Type: Independent

Sale Type: Space For Lease

Asking Price: $27,000 (3 Months Rent)

Gross Sales: $(Space For Lease)

Net Operating Income: $(Space For Lease)

Monthly Rent: $9,000

Lease Expiration: (New Lease)

Lease Options: (New Lease)

Year Established: N/A

Owner Operated: No

Seller Financing: No

Summary:

Incredible opportunity to lease a fully renovated, built-out and equipped restaurant with bar and private gaming area, plus private party room 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 and parties
• 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.

Feel free to stop by the location first. If interested, please complete the short Contact Form on the right or email Ted Aretos at Ted@eatz-associates.com or call 815-761-8334 for more information. Showings by appointment only.

Competition:

• Established/loyal local dining base in Bartlett and 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 and experiential dining concepts in the area
• Consistent traffic from commuters, residents and local events/festivals
• Nearby schools, parks and community amenities drive family traffic

Growth and Expansion:

With its strong street presence and proximity to the Metra station, this location benefits from both local neighborhood traffic and commuter-driven exposure.

Location:

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

County: DuPage

Facilities:

Lease Information: Lease the space for $9,000/mth gross. Landlord will provide a new 5-year lease with options.

Property Information: One-story building (strip center) with walk-out lower level in the rear. On 30,056 sqft or .69 acres of land. The restaurant occupies 2,716 sqft on the 1st level plus 575 sqft on the lower level. The spaces were completely renovated in 2023 including electric, plumbing, gas and more with high-end construction materials.

Square Feet: 3,291 Sqft (2,716 SqFt 1st Floor + 575 Lower Level).

Seating: 75-100.

Days/Hrs of Operation: Closed.

Real Estate: Owned.

Value of FF&E: Not Included In Asking Price (Landlord Owned - Valued at $250,000).

Value of Inventory: Not Included In Asking Price.

Number of Employees:

Support/Training:

Seller Financing Available: No.

Reason for Selling: Landlord looking for tenant.

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