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Listed by:

EatZ & Associates

Broker license number: 475219308

Historic Restaurant And Bar Downtown Burlington, IL For Sale

Burlington, Illinois, US
Asking Price:
$4,500 Furniture / Fixtures included
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

Turnkey Historic 1908 Restaurant & Bar - Downtown Burlington, IL!

"Renovated In 2023 - Fully Equipped Commercial Kitchen - Ready For Your Concept"

Bring your restaurant concept to life in a one-of-a-kind historic setting! Rare opportunity to lease a fully equipped restaurant and bar in the heart of charming downtown Burlington, IL.

Dating back to 1908, this distinctive establishment combines more than a century of historic character with extensive modern improvements. The commercial kitchen, bar, dining room furnishings and existing restaurant infrastructure are already in place, allowing a new operator to focus on launching their concept rather than undertaking an expensive build-out.

3 Options To Acquire This Impressive Restaurant & Bar

1. Lease Fully Equipped - $4,500/mth; lease the fully equipped restaurant and bar, including existing FF&E; modified gross lease
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. Buy The Property - $600,000; purchase the entire 4,511 sqft mixed-use building, restaurant equipment and two income-producing upstairs apartments

Impressive Build-Out - Save Time & Money

2,256 sqft of ground-floor restaurant and bar space, plus a full basement with walk-in cooler and additional storage. No equipment purchase required.

Historic Charm Meets Modern Convenience

Step inside a truly remarkable space featuring an extraordinary original 1908 back bar, vintage tile flooring, antique mirrors, decorative tin ceilings and warm wood finishes. These authentic architectural details create a warm, inviting atmosphere that cannot be replicated in a typical modern restaurant build-out.

The property underwent substantial renovations in 2023, including improvements to the commercial kitchen, HVAC, roof, windows, tuckpointing and mechanical systems.

Restaurant & Property Highlights

  • 2,256 sqft groundfloor restaurant & bar
  • Original 1908 back bar w/historic architectural details
  • 14 dining tables + bar seating
  • Fully equipped commercial kitchen
  • Full basement w/walkin cooler & storage
  • Extensive 2023 renovations & improvements
  • Established downtown Main St location
  • Flexible layout suitable for numerous restaurant concepts
  • Existing FF&E included in lease
  • Fully Equipped Commercial Kitchen

The professionally equipped kitchen provides substantial value and convenience, eliminating the need to purchase and install many of the major components required for a restaurant operation.

● Rational commercial combi oven
● Globe 4ft char grill
● Vollrath flat-top griddle
● Dukers 4-burner range
● Frymaster & Avantco commercial fryers
● Alto-Shaam & Lockwood holding cabinets
● Multiple commercial refrigerators & freezers
● Basement walk-in cooler
● Stainless steel preparation & storage equipment

Save on startup costs! With the existing commercial kitchen, dining room, bar and equipment already in place, a new operator can significantly reduce the time, expense and complications associated with building out a restaurant from scratch.

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. 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.

Listed by EatZ & Associates / EatZ Real Estate Group LLC

Property Information

Real Estate:

Lease

Lease Terms:

Lease: $4,500/mth; lease the fully equipped restaurant and bar, including existing
FF&E. Offered on a modified gross lease, with tenant responsible for increases in real estate taxes and insurance over the base year. Lease term, renewal options and security deposit are negotiable.

Location:

Charming Downtown Location & Affluent Trade Area

Prominently situated in downtown Burlington, this distinctive Main St property benefits from its established restaurant history, surrounding residential communities and convenient access to the greater Fox Valley region.

Location Highlights

  • Main St traffic 4,400 VPD
  • Nearby Plank Rd carries 7,450–8,150 VPD
  • Burlington Township median household income ~$123,836
  • Median township home value of ~$384,800
  • Nearby local tavern & established neighborhood businesses
  • Minutes from Burlington Park, community celebrations & local events
  • 1.6 miles from Burlington Prairie Forest Preserve
  • Convenient access to surrounding Kane County communities

This established dining destination has historically attracted customers from beyond the immediate village, offering opportunities to serve both local residents and destination diners.

Premises Details:

Year Established: 1970 (Current Owners 2023).

Lease: $4,500/mth; lease the fully equipped restaurant and bar, including existing
FF&E. Offered on a modified gross lease, with tenant responsible for increases in real estate taxes and insurance over the base year. Lease term, renewal options and security deposit are negotiable.

Property: 4,511 sqft two-story freestanding mixed-use building. On 0.13 acres or 5,663 sqft plus adjoining lot. Features a restaurant & bar on the 1st floor with full basement, 2 apartments on the 2nd floor. Built in 1908. Substantial renovations in 2023 - HVAC, ducting, mechanicals, updated roof, tuck-pointing, replaced windows, carpeting, paint, fully improved restaurant. Building class C Commercial.

Seating: Ample (14 Dining Room Tables + Bar Seating).

Size in square feet:
2,255 sqft Restaurant + Full Basement

Business Operation

Expansion Potential:

Endless Concept Possibilities & Growth Opportunities

Continue the property's long-standing supper club tradition or introduce your own restaurant concept. The historic bar, inviting dining room and fully equipped commercial kitchen are suitable for a wide variety of food-and-beverage concepts including a steakhouse, chophouse, Italian restaurant, casual American restaurant, gastropub, upscale tavern, neighborhood bar and grill, chef-driven concept or private event space.

The existing restaurant has historically operated 5 evenings per week, creating opportunities for a new operator to establish their own schedule and business model. Potential opportunities include lunch, weekend brunch, expanded operating hours and private parties/events.

Build your own brand and customer following while benefiting from a distinctive historic atmosphere and an established restaurant location.

Why spend substantial capital constructing and equipping a restaurant when so much is already in place?

Competition / Market:

One-Of-A-Kind Opportunity

A rare opportunity to save time, money and start-up costs.

Whether you're an owner-operator seeking a distinctive location, an experienced restaurateur looking to expand or a chef ready to launch your first restaurant, this opportunity offers a compelling combination of a desirable downtown location, major recent renovations and valuable equipment.

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 commercial kitchen, inviting dining room and extraordinary historic bar in one of Kane County's charming historic downtown districts.

Reasons for selling:

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

Employees:
(Space For Lease)
Years established:
56 Years

Other Information

Support & training:

(Space For Lease)

Financing available:

No.

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

Listed by

EatZ & Associates

Broker license number: 475219308