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Listed by:

EatZ & Associates

Broker license number: 475179242

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

Sycamore, Illinois, US
Asking Price:
$6,000 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 lease a beautifully renovated, fully equipped restaurant & bar in the heart of Historic Downtown Sycamore, DeKalb County!

Just $6,000/mth modified gross, w/existing kitchen & bar equipment included in the rent. No business purchase required.

Situated along highly visible State St (Route 64), just 1 block from the DeKalb County Courthouse, this freestanding restaurant offers outstanding visibility, extensive improvements, valuable equipment & exceptional concept flexibility.

Originally built in 1930, the property underwent a substantial renovation in 2021–2022, including doubling the commercial kitchen's size.

3 Ways To Acquire This Impressive Restaurant & Bar

1. Purchase The Real Estate – $850,000; freestanding building with FF&E in place
2. Purchase The Business Assets – $75,000; acquire the FF&E, build-out, trade name & goodwill, with a new $6,000/mth lease
3. Lease Fully Equipped – $6,000/mth; modified gross lease w/existing restaurant & bar equipment included in the rent; terms negotiable

Impressive Build-Out – Save Time & Money

The improvements & equipment represent an estimated $250,000–$400,000 comparable replacement cost. Avoid major construction expenses, equipment purchases & lengthy build-out timelines.

Restaurant & Bar Key Features

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

Bring Your Restaurant Concept Here

Ideal for a pizzeria, Italian restaurant, sports bar, neighborhood bar & grill, craft beer taproom, gastropub, whiskey/wine bar, franchise conversion or entirely new concept.
The versatile kitchen, bar & dining area provide an excellent foundation for an established operator expanding into Sycamore or an entrepreneur launching a new restaurant.

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:

Location: Premier Historic Downtown LocationPrime location in Sycamore's charming, walkable downtown business district, surrounded by restaurants, boutiques, entertainment, offices & civic destinations. Prominent State St (Route 64) frontage ~6,650 VPDJust 1 block from the historic DeKalb County CourthouseNear Sycamore State Theatre, Public Library & moreClose to schools, Ideal Industries headquarters & established residential neighborhoods~6 miles from NIUFree street & nearby public parkingPopular downtown festivals attract thousands of visitorsHistoric downtown destination w/year-round shopping, dining & entertainmentStrong Demographics & Established Market1 Mile: 7,937 residents3 Miles: 21,230 residents5 Miles: 37,704 residentsDaytime employment: ~4,771 within 1 mile; 14,293 within 3 milesSycamore MHI: ~$84,120Owner-occupied housing: ~71.6%Reported retail vacancy: just 3.5%

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.

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

Business Operation

Expansion Potential:

Excellent Business Opportunities

  • Capture weekday lunch, dinner & weekend customers
  • Develop catering/private parties/Corp events
  • Offer online ordering, delivery & takeout
  • Capitalize on downtown festivals/community events
  • Leverage the 24-tap draft system with craft beer, cocktails & tasting events
  • Explore video gaming as an additional revenue opportunity
  • Launch your own concept without a costly ground-up restaurant build-out
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 lease a fully equipped restaurant and bar in one of DeKalb County's most charming historic downtown districts!

Reasons for selling:

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

Years established:
4 Years

Other Information

Financing available:

No.

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

Listed by

EatZ & Associates

Broker license number: 475179242