211-215 W Railroad Avenue, Bartlett, IL 60104
COMMERCIAL - Bartlett, IL
- Added:
- Jun 10, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 11 at 3:06 am
Property Features for 211-215 W Railroad Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- COMMR
- Standard status
- Active
- APN
- 0634408022
- Lot size
- 0.53 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10182
Utilities
- Cooling system
- Central Air
Building Details
- Floors in Building
- 2
Listing agent Rudolph Johnson License #475139695 (630) 377-6200
Listing office Keller Williams Inspire 416 S 2nd St, Geneva, IL (630) 262-9500
Listing date Jun 10, 2026
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
- Fully leased mixed‑use property known as Banbury Fair, with retail, a restaurant space, and an apartment above.
- Main mixed‑use building includes 4,025 SF of retail tenants such as a coffee shop, florist, and home design boutique.
- Luxury 1,400 SF 3‑bedroom, 2‑bath apartment above the retail space for rental income or live‑work use.
- Freestanding restaurant space offers 1,340 SF of fully operational dining/restaurant income.
- Built in 1877 with renovations in the 1990s and a major renovation in 2006.
- Central air included; full occupancy with all units currently rented.
Overview
A separate freestanding restaurant space of 1,340 square feet rounds out the mix and contributes additional operational flexibility. The building dates to 1877 and has undergone extensive renovations, including work in the 1990s and a major renovation in 2006. Public remarks indicate the property spans multiple addresses and is positioned in the heart of downtown Bartlett, with a short walk to the Metra train station.
For tenants, buyers, or operators seeking an income-producing retail and dining configuration with an on-site residential option, this fully leased property provides immediate occupancy with all units currently rented. It also presents an owner-occupant pathway given the note that the established Banbury Fair business is available for purchase separately, alongside the real estate offering.
Local Financial Insights For Mixed Use
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 | $120.8k | $30.00 |
| − Vacancy | −$12.1k | −$3.00 |
| EGI | $108.7k | $27.00 |
| − OpEx | −$40.8k | −$10.13 |
| NOI | $67.9k | $16.88 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bartlett
- County
- Cook
- State
- Illinois
- Longitude
- -88.1866471
- Latitude
- 41.9921341
