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Listed by:

EatZ & Associates

Broker license number: 475179242

Exceptional Turnkey Restaurant And Bar-Historic Downtown Sycamore, IL For Sale

Sycamore, Illinois, US
Asking Price:
$75,000 Furniture / Fixtures included
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

Exceptional Turnkey Restaurant & 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

  • ~3,221 sqft building area (subject to verification) + basement storage
  • Extensively renovated in 2021–2022 with expanded commercial kitchen.
  • Attractive with exposed brick, wood floors, contemporary finishes & low/high-top seating
  • Impressive full-service bar with extensive liquor display, bar seating & TVs
  • 24 rotating draft beer taps with Micro Matic system
  • 2 walk-in coolers – dedicated beer walk-in & produce walk-in
  • 3 pizza ovens – 1 wood-fired + 2 Pizza Group D32E electric deck ovens
  • Commercial exhaust hood
  • Mixer, dough roller, fryers, heated holding cabinet & more
  • Multiple reach-in refrigerators, bar coolers & prep equipment
  • Valuable basement storage & existing restaurant infrastructure

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.

Property Information

Real Estate:

Lease

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.

Location:

Premier Historic Downtown Location Prime location in Sycamore's charming, walkable downtown business district, surrounded by restaurants, boutiques, entertainment, professional offices & civic destinations. • 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)

Premises Details:

Year Established: 2022.

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.

Real Estate Taxes (2024): $5,983.

Seating: Ample.

Owners Role: Absentee.

Size in square feet:
3,221 + Basement For Storage

Business Operation

Management type:
This business has absentee ownership.
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-out
Reasons for selling:

Has other business interests and cannot devote the time/attention it deserves.

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)

Employees:
2 Full-Time & 5 Part-Time
Years established:
4 Years

Other Information

Support & training:

Negotiable on-site comprehensive training.

Financing available:

No.

Furniture / Fixtures value:
$75,000 - included in the asking price
Related Documents:

Listed by

EatZ & Associates

Broker license number: 475179242