211-215 W Railroad Avenue, Bartlett, IL 60104
sale
$885,000
|
Other
Courtesy Of Keller Williams Inspire
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. 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. Freestanding Restaurant Space (1,340 Sq. Ft.): A fully operational, highly visible restaurant space adding strong diversification to your tenant mix. Full Occupancy: Enjoy immediate, turnkey cash flow from day one with all units currently rented. 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.
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Property Features
- Cooling System: Central Air
- Floors: 2
- MLSID: 12674864
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