Restaurant-Ready Commercial
1209 Lisle Place Lisle, IL 60532
1209 Lisle Place, Lisle, IL, 60532
$479,000
For Sale
$479,000
COMMERCIAL - Lisle, IL
Property Size2,500 SF
Lot Size0.40 Acres
Price / SF$191.60
Days on Market208
Property Features for 1209 Lisle Place
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- COMMR
- Standard status
- Active
- APN
- 1125352100
- Lot size
- 0.40 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 2900
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1927
- Floors in Building
- 2
- Building materials
- Brick
- Roof type
- Composition
Listing Agency
M Property Group LLC
(630) 518-4511
4000 Boulder Court, Aurora, IL
Listed by
Marisa Rohrer · License #471021730
(630) 846-0133
Added: Dec 22, 2025 Checked: Jul 18 at 1:06 pm
MLS# 12532169
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial building offers a nearly complete interior renovation with a current buildout prepared for restaurant use. The space is configured to support food and beverage operations, and the property also includes a new outdoor deck and a large on-site parking lot, providing a practical mix of interior functionality and customer-facing outdoor space.
Located on Route 53 in the heart of the business district, the building benefits from high-visibility positioning. The property is directly across from a bowling alley and is described as a short walk to the Metra train station, supporting convenient access for patrons. The remarks also note easy regional connectivity with proximity to I-88 and I-355.
While the current improvements are tailored for restaurant use, the property is also marketed as flexible under its zoning framework. The public remarks cite flexible B-3 zoning, indicating a wider range of business possibilities beyond food and beverage, including options such as bar, cafe, retail shop, office, salon, or pet-related uses. Available for rent or for sale, this site is a strong fit for operators or investors seeking a renovated downtown commercial building with parking and outdoor space already in place.
Located on Route 53 in the heart of the business district, the building benefits from high-visibility positioning. The property is directly across from a bowling alley and is described as a short walk to the Metra train station, supporting convenient access for patrons. The remarks also note easy regional connectivity with proximity to I-88 and I-355.
While the current improvements are tailored for restaurant use, the property is also marketed as flexible under its zoning framework. The public remarks cite flexible B-3 zoning, indicating a wider range of business possibilities beyond food and beverage, including options such as bar, cafe, retail shop, office, salon, or pet-related uses. Available for rent or for sale, this site is a strong fit for operators or investors seeking a renovated downtown commercial building with parking and outdoor space already in place.
Key Highlights
- Exceptional visibility and high traffic location on Route 53 in Downtown Lisle.
- Flexible B‑3 zoning allows for a wide range of business possibilities (restaurant, retail, office, etc.).
- Recently renovated interior, currently built out for restaurant use.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.0k | $24.00 |
| − Vacancy | −$4.2k | −$1.68 |
| EGI | $55.8k | $22.32 |
| − OpEx | −$14.0k | −$5.58 |
| NOI | $41.9k | $16.74 |
2,500 SF · lease $24.00/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$597.9K
$523.1K – $697.5K
NOI $41,850 @ 7.0% cap · market cap 8.74%
Second Best
Retail
$495.7K
$433.8K – $578.3K
NOI $34,700 @ 7.0% cap · market cap 7.24%
Theoretical Best
Office A
$863.1K
$755.3K – $1.01M
NOI $60,420 @ 7.0% cap · market cap 12.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
ATM
Atm
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Renovated interior with a restaurant buildout, large parking lot, and outdoor deck near Route 53 and Metra.
Where is this conventional restaurant located?
The property is located at 1209 Lisle Place Lisle, IL.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Exceptional visibility and high traffic location on Route 53 in Downtown Lisle.; Flexible B‑3 zoning allows for a wide range of business possibilities (restaurant, retail, office, etc.).; Recently renovated interior, currently built out for restaurant use.
