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    Restaurant-Ready Commercial Building Title is generated by Realmo AI

    1209 Lisle Place, Lisle, IL 60532

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    Claim this Listing
    For Sale
    $479,000

    COMMERCIAL - Lisle, IL

    Type:Retail
    Property size:
    2,500 SF
    Lot size:
    0.40 Acres
    Price / SF:
    $191/SF
    Added:
    Dec 22, 2025
    Days on Market:
    185
    Last Refresh:
    Jun 25 at 1:06 pm

    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

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    Contact an agent
    Marisa Rohrer
    Marisa Rohrer

    Listing agent Marisa Rohrer License #471021730

    Listing office M Property Group LLC 4000 Boulder Court, Aurora, IL

    Listing date Dec 22, 2025

    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.

    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.
    • Large parking lot and new outdoor deck.
    • Excellent proximity to I‑88 and I‑355 for easy access.
    • Short walk to/from the Metra train station.

    Overview

    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.

    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 (±1% cap)
    NOI $41,850 @ 7.0% cap · market cap 8.74%
    Second Best
    Retail
    $495.7K
    $433.8K – $578.3K (±1% cap)
    NOI $34,700 @ 7.0% cap · market cap 7.24%
    Theoretical Best
    Office A
    $863.1K
    $755.3K – $1.01M (±1% cap)
    NOI $60,420 @ 7.0% cap · market cap 12.61%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    ATM Atm

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lisle
    County
    DuPage
    State
    Illinois
    Longitude
    -88.0766139
    Latitude
    41.7960779

    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.
    More about this property
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