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Accommodation & Food Services

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

Bartlett, IL, USA
Listed 173 days ago

Fully Built-Out And 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 and private gaming area, plus private party room on its lower level. Space Features: 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 click on the orange Contact Broker button on the right to complete the short contact form. Showings by appointment only.

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 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

Lease Terms

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

Real Estate

Lease

Premises Details

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. Seating: 75-100.

Expansion Potential

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

Size In Square Feet

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

Competition / Market

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

Reason for Selling

Landlord looking for tenant.

Financials

Asking Price
$27K
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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