Turn-Key Restaurant with Assignable
For Sale
Contact for pricing
2764 Aurora Ave, Naperville, IL 60540
Turn-key restaurant sale with assignable lease, including a recently renovated dining room and complete kitchen buildout.
Property Size52,101 SF
Price / SF$0.01
Days on Market128
Property Features for 2764 Aurora Ave
General Information
Standard status
Active
Size
52,101 SF
Property subtype
Retail
Lease Term
NNN
Additional Details
Business Included
Yes
Commercial Hood
Yes
Building Details
Building Size
52,101 SF
Year Built
2004
Year Renovated
2025
Properties For Sale
at 2764 Aurora Ave Contact us104 - Restaurant
Size
1,767 SF
Type
Restaurant
Term
Negotiable
120
Size
5,854 SF
Type
Strip Center
Term
Negotiable
Listing Agency:
SVN | Landmark Commercial Real Estate
Listed By:
Joel Miller, CCIM · License #475152032
(630) 270-6949
Source:
Svn
Added: Jun 18
Changed: Oct 4
Last Checked: Oct 23 at 5:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Landmark Commercial Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This turn-key restaurant asset is offered for sale with an assignable lease. The space includes an upscale dining buildout with seven table grills and corresponding hoods, along with a full kitchen designed for efficient workflow. The dining room was fully renovated in 2025, with new equipment throughout, positioning the operation for immediate use with minimal in-place changes.
The restaurant is positioned across from Block 59 in Naperville, Illinois, with Cheesecake Factory located across the way. The property sits in a retail corridor anchored by Michaels and Menards, providing a strong mix of established shopping tenants in the immediate area.
For operators and buyers seeking an already-built restaurant concept, this offering provides a complete interior kitchen and dining configuration supported by the 2025 renovation and updated equipment. The assignable lease structure also allows interested parties to transition with continuity while leveraging the existing restaurant improvements in place.
The restaurant is positioned across from Block 59 in Naperville, Illinois, with Cheesecake Factory located across the way. The property sits in a retail corridor anchored by Michaels and Menards, providing a strong mix of established shopping tenants in the immediate area.
For operators and buyers seeking an already-built restaurant concept, this offering provides a complete interior kitchen and dining configuration supported by the 2025 renovation and updated equipment. The assignable lease structure also allows interested parties to transition with continuity while leveraging the existing restaurant improvements in place.
Key Highlights
- Turn‑key 3,737 SF restaurant asset sale (real estate not included) with an assignable lease
- Dining room fully renovated in 2025 with new equipment throughout
- Includes full kitchen buildout with seven table grills and hoods
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,901
Suggested Prices Based on Cap Rates
Cap Rate 5%
$738,020
$738.0K
Cap Rate 7%
$527,157
$527.2K
Cap Rate 9%
$410,011
$410.0K
Market Conditions
NOI Build-Up for 3,737 SF
Gross rent
$53.4K $14.28/SF
− Vacancy
−$4.2K −$1.11/SF
EGI
$49.2K $13.17/SF
− OpEx
−$12.3K −$3.29/SF
NOI
$36.9K $9.87/SF
Area
Naperville, IL
Vacancy
7.80%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$738,020
Cap Rate 7%
$527,157
Cap Rate 9%
$410,011
Alternative Uses
Best Use
Specialty Retail
$527.2K
$461.3K – $615.0K
NOI $36,901 @ 7.0% cap · market cap 131,789.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$843.5K
$738.1K – $984.1K
NOI $59,047 @ 7.0% cap · market cap 210,882.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
985
Businesses Nearby
436k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 42%
Shops & Services 24%
Home Improvements & Furnishings 15%
Electronics 10%
Kohl's
Apparel
54,768 visits/mo
0.5 miles
Menards
Home Improvements & Furnishings
50,714 visits/mo
0.1 miles
Burlington
Apparel
41,879 visits/mo
0.2 miles
Dollar Tree
Shops & Services
40,128 visits/mo
0.4 miles
Ross Dress for Less
Apparel
34,536 visits/mo
0.2 miles
Demographics for 60540, IL
44,201
Population
16,253
Households
2.7
Avg Household Size
41
Median Age
72%
College-Educated
98%
High-School Grad
13.2 sq mi
ZIP Area
3,349
Density / Sq Mi
$155,866
Median Household Income
$70,026
Median Earnings
$1,982
Median Rent
$504,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turn-key restaurant sale with assignable lease, including a recently renovated dining room and complete kitchen buildout.
Where is this conventional restaurant located?
The property is located at 2764 Aurora Ave Naperville, IL.
What are key features of this property?
This property features: Turn‑key 3,737 SF restaurant asset sale (real estate not included) with an assignable lease; Dining room fully renovated in 2025 with new equipment throughout; Includes full kitchen buildout with seven table grills and hoods
