Historic 1908 Restaurant & Bar Downtown Burlington, IL - Real Estate Included!
"Renovated In 2023 - Fully Equipped - Turnkey - Income-Producing Rental Apartments Above"
Own a piece of history! Exceptional opportunity to acquire or lease a fully equipped restaurant and bar in the heart of charming downtown Burlington, IL.
Dating back to 1908, this one-of-a-kind establishment combines more than a century of character with extensive modern improvements, offering an extraordinary setting for an experienced restaurateur, chef, owner-operator or investor.
3 Options To Acquire This Impressive Restaurant & Bar
1. Buy The Property - $600,000; purchase the entire 4,511 sqft mixed-use building, restaurant equipment and two income-producing upstairs apartments
2. Buy The Business Assets - $75,000; acquire the restaurant's furniture, fixtures, equipment and build-out with a new lease at $4,500/mth
3. Lease Fully Equipped - $4,500/mth; lease the fully equipped restaurant and bar, including existing FF&E; modified gross lease
Historic Charm Meets Modern Convenience
Originally established in 1908, this landmark property features an extraordinary original back bar, vintage tile flooring, antique mirrors, decorative tin ceilings and warm wood finishes. Its timeless character creates an inviting atmosphere that simply cannot be replicated in a modern restaurant build-out.
The property underwent substantial renovations in 2023, including improvements to the commercial kitchen, HVAC, roof, windows, tuckpointing and mechanical systems.
Property Highlights
- 2,256 sqft groundfloor restaurant & bar
- Full basement w/walkin cooler & additional storage
- 14 dining tables + bar seating
- Beautiful historic bar w/refrigeration & service equipment
- 4,511 sqft 2story mixeduse building
- Fully Equipped Commercial Kitchen
- Commercial zoning in downtown Burlington
- Street parking
Fully Equipped Commercial Kitchen
- The professionally equipped kitchen offers substantial value and flexibility for numerous restaurant concepts.
- Rational commercial combi oven
- Globe 4ft char grill
- Vollrath flattop griddle
- Dukers 4burner range
- Frymaster & Avantco commercial fryers
- AltoShaam & Lockwood holding cabinets
- Multiple commercial refrigerators & freezers
- Basement walkin cooler
- Stainless steel preparation & storage equipment
- Avoid the considerable expense, construction delays and uncertainty associated with building a restaurant from scratch.
- Real Estate Purchase With Residential Income
For buyers seeking property ownership, the entire mixed-use building is available for $600,000, including the restaurant FF&E and two 2nd-floor apartments.
The apartments currently generate a combined $2,500 per month or $30,000 annually in gross rental income, providing an additional revenue stream for an owner-user or investor.
A rare opportunity to combine historic character, modern restaurant infrastructure, flexible acquisition options and income-producing real estate!
Bring your vision to this exceptional downtown Burlington restaurant property!
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. Showings by appointment only outside of business hours.
