211 W Railroad Ave - Storefront Retail/Residential FOR SALE


Bartlett, IL 60103
$979,900 USD
630-339-4011
211 W Railroad Ave, Bartlett, IL for Sale
$979,900 USD
Storefront Retail/Residential - FOR SALE
1/47
null | 8.15% Cap Rate

211 W Railroad Ave
Bartlett, IL 60103


HIGHLIGHTS

  • Prime Location with High Visibility
  • Versatile Income-Generating Spaces
  • Redevelopment Potential with Recent Upgrades

OVERVIEW

Incredible Opportunity for Investors, Owner User, or Redevelopment! The Prestigious 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 décor and seasonal decorations. The Extra Outdoor Courtyard is a perfect venue for Weddings and Events! 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!!! Very Motivated Seller! PLEASE DO NOT DISTURB EMPLOYEES OR CUSTOMERS - CALL FOR SHOWING!

FOR SALE DETAILS

PRICE

$979,900 USD

PRICE/SF

$146 USD /SF

CAP RATE

8.15%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant

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

Tim BinningRE/MAX All ProMore Info
630-339-4011

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Tim BinningRE/MAX All ProMore Info
630-339-4011

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