Equipped Restaurant Downtown Bartlett, IL

BARTLETT, Illinois

Asking Price	$6,000	Year Established
Annual Revenue	$0	Reason for Selling	Landlord looking for tenant.
Annual P/L	$0	Attention	Ted Aretos
Annual Cash Flow	$0	Listing Number	1019254
# of Employees		Business Category	Food & Beverage: Restaurants, Fast Food, Deli

Business Overview:

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 built-out restaurant and bar with an attractive storefront and strong curb appeal. Completely renovated in 2023 with new electric, plumbing and gas and high-end construction materials, the space delivers premium finishes and contemporary design. The existing restaurant footprint has significant infrastructure already in place, including a large bar, ample seating and a spacious lower-level room perfect for private events, parties and gatherings. The fully equipped commercial kitchen features a Fiero Forni pizza oven, and a substantial landlord-owned equipment package valued at $250,000 remains with the space. Truly turnkey with an accelerated opening timeline, it is ready to operate with minimal capital expenditure, saving a new tenant the high cost and long months of a full ground-up build-out.

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 such as Mediterranean or farm-to-table. New tenant will need to re-apply for the liquor license.

Property Features and Assets:

<p>Prime retail space in a fully renovated multi-tenant strip center offering high visibility, easy access, ample parking and strong foot and vehicle traffic. Located on S Main St between E Railroad Ave and E Devon Ave in historic downtown Bartlett, just one block from the Bartlett Metra Station (Milwaukee District West Line). Surrounded by many local restaurants, boutiques, services and businesses. Over 9,000 residents within 3 miles average $125,000+ household income, and over 150,000 within 5 miles average $105,000+. Minutes from US 20, Route 59, Stearns Rd and Army Trail Rd, with easy access to Elgin, Streamwood, Hanover Park and Schaumburg.<br><br>SqFt: 2,706 (2,121 1st Floor + 585 Lower Level)<br>Seating: 75-100<br>Hrs: Closed - Ready For New Tenant<br>Training: (Space For Lease)<br>Lease: $6,000/Mth Gross, New 5-Year Lease With Options, 3 Months Rent Due At Signing<br>Property: One-Story Strip Center With Walk-Out Lower Level On .69 Acres<br></p>

Market Competition and Expansion:

<p>Bartlett and its surrounding suburbs offer an established, loyal local dining base, yet turnkey restaurant spaces in downtown settings remain limited, giving a new operator a rare chance to step into a finished space. The charming, walkable setting is difficult to replicate in suburban markets, and the area shows strong demand for independent, chef-driven and experiential dining concepts. Consistent traffic comes from commuters, residents and local events and festivals, while nearby schools, parks and community amenities drive steady family traffic all week long.<br><br>Growth opportunities are built in. The strong street presence captures both neighborhood and commuter-driven exposure, supporting lunch, happy hour and dinner business. A tenant can also add a separate 585 sqft gaming-only space and a 1,170 sqft private dining and basement space for additional rent, expanding seating capacity for events, parties, fundraisers and larger groups. Re-applying for a video gaming license can add another valuable revenue stream.<br></p>

Additional Details: