Freestanding Bar and
309 Main Street, Maple Park, IL 60151
For Sale
Contact for pricing
A full bar, commercial kitchen, and screened patio are already in place for food-and-beverage operations.
Property Size1,586 SF
Lot Size0.05 Acres
Price / SF$220.68
Days on Market40
Property Features for 309 Main Street
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Frontage
Road Access
Restaurant
Patio
Equipment Included
Additional Details
Furnished
Asking Price
Currently Operating
Building Details
Year Built
Year Renovated
Buildings
Stories
Listing Agency:
EatZ Real Estate Group LLC
Listed By:
Ted Aretos · License #IL 475179242
Source:
Crexi
Added: Oct 1
Changed: Nov 8
Last Checked: Nov 8 at 4:20PM
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 EatZ Real Estate Group LLC
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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 1,586-square-foot, single-story bar and restaurant sits on a 0.05-acre parcel. Built in 1950 and substantially renovated in 2022, the property includes a dining area, full bar with a rotating draft system, beverage refrigeration and storage, and a commercial kitchen with cooking, refrigeration, preparation, and storage areas. A screened patio provides additional seating. The site is zoned B-1 Neighborhood Shopping District, with street and village parking available.
The building fronts Main Street in downtown Maple Park, with 20 feet of frontage. County Line Road carries approximately 2,084 vehicles daily, while nearby Lincoln Highway (Route 38) carries approximately 8,100 vehicles daily. The property is near neighborhood businesses and community facilities.
The building fronts Main Street in downtown Maple Park, with 20 feet of frontage. County Line Road carries approximately 2,084 vehicles daily, while nearby Lincoln Highway (Route 38) carries approximately 8,100 vehicles daily. The property is near neighborhood businesses and community facilities.
Key Highlights
- 1,586‑square‑foot building on a 0.05‑acre parcel
- Substantially renovated in 2022; originally built in 1950
- 20 feet of frontage on Main Street in downtown Maple Park
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,827
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$396,540
$396.5K
Cap Rate 7%
$283,243
$283.2K
Cap Rate 9%
$220,300
$220.3K
Market Conditions
NOI Build-Up for 1,586 SF
Gross rent
$28.5K $18.00/SF
− Vacancy
−$2.1K −$1.33/SF
EGI
$26.4K $16.67/SF
− OpEx
−$6.6K −$4.17/SF
NOI
$19.8K $12.50/SF
Area
Kane County, IL
Vacancy
7.40%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$396,540
Cap Rate 7%
$283,243
Cap Rate 9%
$220,300
Alternative Uses
Best Use
Specialty Retail
$283.2K
$247.8K – $330.5K
NOI $19,827 @ 7.0% cap · market cap 5.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$432.5K
$378.4K – $504.6K
NOI $30,273 @ 7.0% cap · market cap 8.65%
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
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
105
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60151, IL
3,997
Population
1,648
Households
2.4
Avg Household Size
44
Median Age
33%
College-Educated
96%
High-School Grad
82.5 sq mi
ZIP Area
48
Density / Sq Mi
$121,667
Median Household Income
$54,946
Median Earnings
$1,649
Median Rent
$334,200
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
Similar Off Market Nearby
- Bootleggers Bar, Grill and Pizza — 107 Main St, Maple Park, IL 60151
- H D Rockers — 203 Main St, Maple Park, IL 60151
- The Pub Maple Park — 221 Main St, Maple Park, IL 60151
- Lodi Tap House — 309 Main St, Maple Park, IL 60151
Frequently Asked Questions
What type of property is this?
Bar & Pub - A full bar, commercial kitchen, and screened patio are already in place for food-and-beverage operations.
Where is this bar & pub located?
The property is located at 309 Main Street Maple Park, IL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1,586‑square‑foot building on a 0.05‑acre parcel; Substantially renovated in 2022; originally built in 1950; 20 feet of frontage on Main Street in downtown Maple Park
