171 N Addison Ave

171 N Addison Ave , Elmhurst, Illinois, 60126 | 6,728 sq.f | $ 3,200,000

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About This Restaurant

Investment Highlights

Fully built-out as a full service restaurant with separate brewery, outdoor patio, and rear parking area. Right in the heart of Downtown Elmhurst. Newly renovated with high end finishes.

Executive Summary

Elmhurst Brewing Company, an award-winning 15-barrel brewpub, with a modern commercial kitchen and an expansive beergarden is now available. The brewpub is located in a gorgeous, free-standing property in the heart of downtown Elmhurst, at 171 N. Addison Ave.The ? 6,600sf building received a complete floor to ceiling $1.2 million renovation in 2017, including all new plumbing, HVAC, sprinkler systems, floors and sound proofing. Between the brewing operation and the brewpub, there is FF&E valued in excess of $400,000 (Fermenters, Brite Tanks, Boiler, Mill, Pilot System, and a fully furnished and equipped restaurant kitchen, bar and dining room). The entire property is over 10,000sf and has excellent visibility on Addison Ave amongst other thriving businesses and developments, 1 block west of York Rd.Features include high ceilings and a fully built out restaurant and brewery with a 90-seat dining room, a large bar with showpiece stainless steel tanks, a 50-seat mezzanine event room with a separate bar used for private events, business meetings and overflow dining. The beergarden seats an additional 160 guests and hosts regular events, beanbag leagues, outdoor dining and live music.This is truly a turnkey operation that has been meticulously maintained and has a very loyal following.

Property Details

  • Sale Type    Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant Restaurant Flex Light Manufacturing General Retail Freestanding FlexLight Distribution Restaurant
  • Building Size    6,728
  • Building Class    C
  • Year Built    1962
  • Price    3,200,000
  • Price Per SF    476
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.64
  • Land Acres    0.24 AC

Amenities

  • Courtyard
  • Fenced Lot
  • Mezzanine
  • Restaurant
  • Wheelchair Accessible

Nearby Amenities & Transportation

Retail Orangetheory Fitness
Retail HOTWORX
Retail The YMCA
Retail Pure Barre
Retail Citi
Retail Fifth Third Bank
Retail Egg Harbor Cafe
Retail Jewel-Osco
Retail Huntington National Bank
Retail Buffalo Wild Wings

Property Taxes

Parcel Number 06-02-214-038 Improvements Assessment $119,540
Land Assessment $377,490 Total Assessment $497,030
Date Created: 2024-07-16 04:13:38 Last Updated: 2024-07-16 04:13:38
Address: 171 N Addison Ave , Elmhurst, Illinois, 60126