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320 N 2nd St
Saint Charles, IL 60174

Salerno's on the Fox · Retail Property For Sale

Investment Highlights

  • Located right on the Fix River in the heart of downtown St. Charles.
  • Completely updated with the best of everything.
  • St. Charles Restaurant with over 50 years in business.
  • A true St. Charles landmark.
  • Large patio with breathtaking view.

Executive Summary

St. Charles Restaurant for sale!! "Rare opportunity to own a very successful, fully equipped, operational restaurant along the scenic Fox River. This prime location enjoys high foot traffic, an established customer base, and is ideally situated near local attractions and commercial hubs. Property Highlights: Turnkey Sale: Includes all furniture, fixtures, and equipment (FF&E). Prime Location: High-traffic area surrounded by tourist attractions, business districts, and riverfront views. Parking: 55+ spaces available. Seating Capacity: Seats 220 indoors and 60 on the outdoor patio. Modern Facilities: Fully equipped for ongoing operations or adaptable to a new culinary concept. Included Equipment: Complete kitchen setup: pizza oven, commercial stoves, refrigeration, ovens, fryers, and prep stations. Dining area furnished with tables, chairs, booths, and lighting. Point-of-Sale (POS) system. Storage: walk-in refrigerators and ample dry storage. Accessibility & Visibility: Easy access from Rt 64 and Rt 31, with nearby public transportation and high pedestrian visibility. Permits and Licensing: Includes restaurant use, liquor license, and gaming permits. Growth Potential: Property offers flexibility for modifications or future expansion." Can provide financials upon request.

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,500 SF
Building Class
C
Year Built/Renovated
1976/2021
Price
$3,100,000
Price Per SF
$477
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.27 AC
Zoning
CBD-1 - Italian restaurant located in the heart of downtown Saint Charles.
Parking
75 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
420 FT on N 2nd St (Rt. 31)

Amenities

  • Restaurant
  • Security System
  • Signage
  • Wheelchair Accessible
  • Monument Signage
  • Air Conditioning
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-27-354-006
Land Assessment
$339,736
Improvements Assessment
$109,048
Total Assessment
$448,784
  • Listing ID: 33909058

  • Date on Market: 11/18/2024

  • Last Updated:

  • Address: 320 N 2nd St, Saint Charles, IL 60174

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