312 W Main St - Restaurant FOR SALE


St Charles, IL 60174- Fox River Valley
$1,975,000 USD
847-727-4287
312 W Main St, St Charles, IL for Sale
$1,975,000 USD
Restaurant - FOR SALE
1/40
null | Request Cap Rate

312 W Main St
St Charles, IL 60174
Fox River Valley


HIGHLIGHTS

  • 6,874 SF building in downtown St. Charles
  • Fully built-out restaurant space – turnkey condition
  • Renovated in 2014, modern and well-maintained
  • Second floor convertible into four 1-bedroom apartments
  • Low Kane County property taxes
  • Also available for lease at $25.00 psf NNN

OVERVIEW

Presenting a prime opportunity for retail, restaurant, and mixed-use investors, this 6,874 SF property offers a fully built-out restaurant space in a desirable downtown St. Charles location. Renovated in 2014, this well-maintained building requires minimal deferred maintenance, allowing for a seamless transition for prospective tenants. Zoned CBD-1 – Core Central Business District, the property’s second floor could be converted into four one-bedroom apartments, an option supported under current zoning. This unique feature provides flexibility for both owner-users and investors, offering the opportunity to diversify the rent roll with both commercial and residential tenants. A multi-tenant configuration lowers overall risk and enhances long-term stability by creating multiple income streams. Strategically positioned to capitalize on the dynamic Chicago market and benefiting from low Kane County taxes, this property represents a compelling investment opportunity for those seeking a turnkey restaurant or retail space with the added upside of a mixed-use redevelopment play.

FOR SALE DETAILS

PRICE

$1,975,000 USD

PRICE/SF

$287 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,468 SF

ZONING

CBD-1

APN/PARCEL ID

09-27-361-026

ASK ABOUT THIS PROPERTY

Scott Whisler, CCIMBrian Properties, Inc.More Info
847-727-4287

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Scott Whisler, CCIMBrian Properties, Inc.More Info
847-727-4287

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