Exceptional Turnkey Restaurant And Bar-Historic Downtown Sycamore, IL
Exceptional Turnkey Restaurant And Bar - Historic Downtown Sycamore, IL "Estimated Build-Out Value $250,000-$400,000 - Full Bar With 24 Taps & Kitchen With 3 Pizza Ovens" Exceptional opportunity to acquire an established, beautifully renovated restaurant & bar in the heart of Historic Downtown Sycamore, DeKalb County! Purchase the business assets for just $75,000, including FF&E, build-out, trade name & goodwill, with a new $6,000/mth lease. Situated along highly visible State St (Route 64), just 1 block from the DeKalb County Courthouse, this freestanding restaurant offers an outstanding combination of location, extensive improvements, valuable equipment & flexibility. Originally built in 1930, the property underwent a substantial renovation in 2021–2022, including doubling the commercial kitchen's size. 3 Options To Acquire This Impressive Restaurant & Bar 1. Buy The Property – $850,000; freestanding building with FF&E included 2. Buy The Business Assets – $75,000; FF&E, build-out, trade name & goodwill, plus new $6,000/mth lease 3. Lease Fully Equipped – $6,000/mth; modified gross lease with restaurant/bar equipment included; terms negotiable Impressive Build-Out – Save Time & Money The extensive improvements & equipment represent an estimated $250,000–$400,000 comparable replacement cost! Avoid substantial construction expenses, permitting delays & lengthy build-out timelines. Restaurant & Bar Key Features Keep The Concept Or Bring Your Own Currently operating as an independent pizza tavern, craft beer destination & whiskey bar featuring New York/Detroit-style pizzas, wood-fired specialties, pastas, wings & premium spirits. Versatile infrastructure supports a pizzeria, Italian restaurant, sports bar, neighborhood bar & grill, craft taproom, gastropub, whiskey/wine bar, franchise conversion or entirely new concept! Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, DO NOT talk to any owners, employees or patrons. If interested, please click on the orange Contact Broker button on the right to complete the Buyer Profile form. Showings by appointment only outside of business hours.
Location
Prime location in Sycamore's charming, walkable downtown business district, surrounded by restaurants, boutiques, entertainment, professional offices & civic destinations. Premier Historic Downtown Location Prominent State St (Route 64) frontage ~6,650 VPD (IDOT 2025) Just 1 block from the historic DeKalb County Courthouse Near Sycamore State Theatre, Public Library & more Close to schools, Ideal Industries headquarters & established residential neighborhoods ~6 miles from Northern Illinois University Free street & nearby public parking Popular downtown festivals attract thousands of visitors Historic downtown destination with year-round shopping, dining & entertainment Strong Demographics & Established Market 1 Mile: 7,937 residents 3 Miles: 21,230 residents 5 Miles: 37,704 residents Daytime employment: ~4,771 within 1 mile; 14,293 within 3 miles Sycamore median household income: ~$84,120 Owner-occupied housing: ~71.6% Reported retail vacancy: just 3.5% (Sept 2026)
Employees
2 Full-Time & 5 Part-Time
Lease Terms
Lease Information: $6,000/month modified gross, with increases in real estate taxes and insurance over the base year payable by the tenant. Lease term, options and security deposit negotiable.
Real Estate
Lease
Trading Hours
Tu-Th 4 PM-9 PM, Fr 4 PM-10 PM, Sa 11 AM-10 PM, Su 11 AM-8 PM (Closed Mondays)
Management Type
This business has absentee ownership.
Premises Details
Year Established: 2022. Lease Information: $6,000/month modified gross, with increases in real estate taxes and insurance over the base year payable by the tenant. Lease term, options and security deposit negotiable. Property Information: ~3,221 sqft single-story historic freestanding building plus basement for storage. Originally constructed in 1930 and extensively renovated in 2021–2022, including a substantially expanded commercial kitchen. On 4,045 sqft lot or 0.09 acres. Building Class C Commercial. Zoning C-2 Central Business. PIN 06-32-255-051. 2024 real estate taxes $5,983. Seating: Ample. Owners Role: Absentee.
Years Established
4 Years
Support & Training
Negotiable on-site comprehensive training.
Expansion Potential
A hands-on owner/operator could capitalize on several opportunities: Expand operating hours - currently closed Mondays & open evenings Tuesday-Friday - introducing weekday lunch & Monday service could capture additional downtown & courthouse traffic Increase catering & private events - expand corp catering, celebrations, family gatherings & private functions Grow online ordering & delivery - strengthen digital ordering, 3rd-party delivery, takeout promotions & online marketing Capitalize on downtown events - develop seasonal promotions/special offerings around festivals, community celebrations & entertainment Expand beverage programs - leverage the 24-tap draft system & bar with specialty cocktails, tasting events & rotating beer selections Explore video gaming - Sycamore permits licensed video gaming establishments, a possible additional revenue stream Introduce new concepts - leverage the existing infrastructure without undertaking a costly ground-up restaurant build-ou
Size In Square Feet
3,221 + Basement For Storage
Competition / Market
A rare opportunity to save time, money and start-up costs. Whether you're an aspiring owner/operator, experienced restaurateur, expanding restaurant group or real estate investor, this opportunity offers a compelling combination of a desirable downtown location, major recent renovations, valuable equipment and multiple acquisition options. Why spend hundreds of thousands of dollars and months building a restaurant from scratch when the expensive work has already been completed. Take advantage of this exceptional opportunity to purchase a fully equipped restaurant and bar in one of DeKalb County's most charming historic downtown districts!
Reason for Selling
Has other business interests and cannot devote the time/attention it deserves.
Financials
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