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Listed by:

EatZ & Associates

Broker license number: 475219308

Turnkey Historic 1908 Restaurant And Bar–Downtown Burlington, IL For Sale

Burlington, Illinois, US
Asking Price:
$75,000 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 - Continue A Supper Club Or Bring Your Concept Here"

Own a piece of history for just $75,000! Exceptional opportunity to acquire the furniture, fixtures, equipment and existing build-out of 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 historic character with extensive modern improvements. Continue its long-standing supper club tradition or introduce your own restaurant concept!

3 Options To Acquire This Impressive Restaurant & Bar

1. Buy The Business Assets - $75,000; acquire the restaurant's furniture, fixtures, equipment and build-out with a new lease at $4,500/mth
2. Lease Fully Equipped - $4,500/mth; lease the fully equipped restaurant and bar, including existing FF&E; modified gross lease
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

Acquire the existing restaurant FF&E and build-out for a fraction of the potential cost of starting from scratch. The 2,256 sqft ground-floor restaurant and bar includes a full basement with walk-in cooler and additional storage.

Historic Charm Meets Modern Convenience

Step inside a truly unique restaurant setting featuring an extraordinary original 1908 back bar, vintage tile flooring, antique mirrors, decorative tin ceilings and warm wood finishes. Its timeless atmosphere creates an inviting drinking and dining experience that simply 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 Highlights

  • 2,256 sqft ground-floor restaurant & bar
  • Original 1908 back bar w/historic architectural details
  • 14 dining tables + bar seating
  • Fully equipped commercial kitchen
  • Full basement w/walk-in cooler & storage
  • Extensive 2023 renovations & improvements
  • Established downtown Main Street location
  • Flexible layout suitable for numerous restaurant concepts

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 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

Much of the expensive restaurant infrastructure is already in place, allowing a buyer to concentrate capital on launching, branding and growing their concept rather than undertaking a costly new build-out.

Bring your vision to this exceptional downtown Burlington restaurant property!

Property Information

Real Estate:

Lease

Lease Terms:

Lease: Fully Equipped - $4,500/mth; lease the fully equipped restaurant and bar, including existing FF&E; modified gross lease.

Location:

Charming Downtown Burlington Location
Situated along Main Street in the heart of Burlington, Kane County, this historic restaurant benefits from its established dining history, surrounding residential communities and convenient access to the greater Fox Valley region.

Location & Trade Area Highlights

  • Main Street traffic of 4,400 vehicles daily
  • Nearby Plank Road traffic of 7,450–8,150 vehicles daily
  • Burlington Township median household income of $123,836
  • Median township home value of $384,800
  • Nearby neighborhood tavern & local businesses
  • Close to Burlington Park & popular community events
  • 1.6 miles from Burlington Prairie Forest Preserve
  • Convenient access to Hampshire, Elgin & surrounding Kane County

The property's historic character and established dining heritage attracts both neighborhood regulars and destination diners from surrounding communities.

Premises Details:

Year Established: 1970 (Current Owners 2023).

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).

Owners Role: Absentee.

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

Business Operation

Management type:
This business has absentee ownership.
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, dining room and commercial kitchen are well suited for a steakhouse, chophouse, Italian restaurant, casual American restaurant, gastropub, upscale tavern, neighborhood bar and grill, chef-driven concept or private event space.

Current operations are limited to 5 evenings weekly, creating opportunities to introduce lunch, weekend brunch, expanded operating hours and hosting private parties and special events.

An established online presence, reservation capabilities and longstanding customer recognition offer additional potential for an operator interested in continuing the existing concept.

Reasons for selling:

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

Trading hours:

We-Th 4p-8p, Fr-Sa 4p-9p, Su 4p-8p (Dinner Only / Closed Mondays-Tuesdays)

Employees:
2 Full-Time & 4 Part-Time
Years established:
56 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: 475219308