211 W Railroad Ave - Storefront Retail/Residential FOR SALE


Bartlett, IL 60103
$885,000 USD
630-201-4130
211 W Railroad Ave, Bartlett, IL for Sale
$885,000 USD
Storefront Retail/Residential - FOR SALE
1/56
null | 7.68% Cap Rate

NEW


211 W Railroad Ave
Bartlett, IL 60103


HIGHLIGHTS

  • Multi Use Property (Residential, Retail and Restaurant)
  • Low Vacancy
  • Near Downtown and Train
  • Owner Occupied Opportunity with Business for Sale

OVERVIEW

Property Configuration & Highlights Main Mixed-Use Building (4,025 Sq. Ft.): A bustling retail hub currently housing a beloved coffee shop, a local florist, the Banbury Fair home design boutique, and several other boutique retail shops. Luxury Owner's/Rental Apartment (1,400 Sq. Ft.): Situated directly above the retail space, this massive 3-bedroom, 2-bathroom apartment offers excellent rental income or a perfect live-work setup for an owner-occupant. Step into a remarkable piece of Bartlett history with this fully leased, high-yield mixed-use property. Known affectionately to the community as Banbury Fair, this landmark estate spans multiple addresses and offers an exceptional blend of retail, restaurant, and residential income. Originally built in 1877, the property seamlessly pairs historic charm with modern reliability, thanks to extensive renovations in the 1990s and a final major renovation in 2006. Positioned in the heart of thriving downtown Bartlett and just a short walk to the Metra train station, this property is perfectly situated to capitalize on the area's explosive growth Freestanding Restaurant Space (1,340 Sq. Ft.): A fully operational, highly visible restaurant space adding strong diversification to your tenant mix. 100% Occupancy: Enjoy immediate, turnkey cash flow from day one with all units currently rented. Bonus Business Opportunity: Highly versatile investment! This is a phenomenal owner-occupied opportunity, with the established and successful Banbury Fair business also available for purchase separately.

FOR SALE DETAILS

PRICE

$885,000 USD

PRICE/SF

$132 USD /SF

CAP RATE

7.68%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1882

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

B-1

APN/PARCEL ID

06-34-408-020-0000,06-34-408-022-0000,06-34-408-024-0000

ASK ABOUT THIS PROPERTY

Rudy JohnsonRudy Johnson Team KW InspireMore Info
630-201-4130

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Rudy JohnsonRudy Johnson Team KW InspireMore Info
630-201-4130

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.