211 W Railroad Ave

211 W Railroad Ave , Bartlett, Illinois, 60103 | 6,700 sq.f | $ 1,095,000

Card image
Card image
Card image

About This Restaurant

Investment Highlights

Executive Summary

Incredible Opportunity to Own The Prestigious The Shoppes of Banbury Fair in Downtown Bartlett Across The Street From The New MORE Brewery and The Train Station! Today, The Shoppes of Banbury Fair consist of 'Delicious Coffee Bar' and LeP'tit tapas and wine bar. Coupled with Banbury's core business of women's clothing, jewelry, baby shop, furniture, home decor and seasonal decorations. The Extra Outdoor Courtyard is a perfect venue for events and weddings. Banbury Fair courtyard has hosted over 20 weddings and receptions, concerts, anniversaries, fashions shows and festivals. Lots of outdoor seating as well for the coffee shop, restaurant and bar, plus a stage for live music! The second floor of the building is a 1500sqft 3 bed, 1 bath apartment with laundry. Large city parking lot adjoins building. Owner recently invested $300,000 in updates and improvements! Tons of opportunities: Keep as is and collect investment income or bring your ideas and dreams to this incredible property with spectacular location!!! PLEASE DO NOT DISTURB EMPLOYEES OR CUSTOMERS - CALL FOR SHOWING!

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Storefront Retail/Residential Storefront Retail/Residential General Retail Restaurant General Retail Storefront Retail/Residential Storefront Retail/Residential
  • Building Size    6,700
  • Building Class    B
  • Year Built    1882
  • Price    1,095,000
  • Price Per SF    163
  • Cap Rate    7.30
  • NOI    79,900
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    2 Stories
  • Building FAR    0.29
  • Land Acres    0.53 AC

Property Taxes

Parcel Number 06-34-408-024-0000 06-34-408-022-0000 06-34-408-020-0000 Improvements Assessment $11,584
Land Assessment $32,171 Total Assessment $(1) (0.00/SF)
Date Created: 2024-07-16 04:13:40 Last Updated: 2024-07-16 04:13:40
Address: 211 W Railroad Ave , Bartlett, Illinois, 60103