Incredible Full-Service Restaurant & Bar Libertyville, IL-Adler Square

Libertyville, IL
listing image
Asking Price:$59,000
Rent:$10,325/Month
BUSINESS DESCRIPTION

A popular casual dining hotspot.

Full-service restaurant and bar. Dine-in or carryout.

Features a fenced-in front patio with wooden arbor, string lights and stainless-steel outdoor furniture.

And a spacious interior featuring high ceilings, exposed ductwork, reclaimed brick, gorgeous woodwork, stunning tilework, expansive windows, beautiful barn doors, quality furniture, natural lighting, cool concrete floors and more.

As well as a large fully-equipped wrap-around bar with center island, 10 beers on tap, frozen drink machines and wrap-around large screen tvs.

Surrounded by ample seating at both high/ low booths and tables, plus private party/meeting rooms with additional seating.

In addition to a large fully-equipped kitchen with 2 hoods, 10-burner stove w/double oven, convection oven, microwave, 4ft char grill, 3ft flat top grill, fryer, slicer, salamander, commercial blender, refrigerator, several coolers, walk-in cooler, chest freezer, ice cream freezer and much more.

Independent - no royalty, advertising or transfer fees. Asset sale - all furniture, fixtures and equipment (FF&E) included. No expense was spared!

Keep a similar concept or bring your own to this strategic location. Ideal for any type of restaurant!

Prime corner retail space in Alder Square, a busy 20,589 sqft neighborhood center with great signage, visibility, access and parking.

Along with Bare Med Spa, Great Clips, IL Nail Spa, Rebel Rebel, RE New, Skyline Cleaners and Sushi Thai. And shadow anchored by a Holiday Inn Express & Suites, Starbucks and Walgreens. Adjacent Alder Park School and a Mobil gas station. Across Ace Hardware, Family Nails & Spa, Lee Donuts, Motel 6, Wildberry Pancakes & Café, Vacuum Experts, a BP gas station and more.

Perfectly situated at the southwest corner of heavily traveled Milwaukee Ave with over 23,000 vehicles per day and Buckley Rd with over 26,000 vehicles per day.

Located on the north side of Libertyville. With a population of over 34,000 with an average household income over $138,000 within 3 miles.

Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, please DO NOT talk to any of the owners, employees or patrons. If interested, contact EatZ for more information. Showings by appointment only outside of business hours.

Listed By Tim Ryan at EatZ & Associates


DETAILED INFORMATION
Location
Libertyville, IL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
5,900
Lease Expiration
31/10/2031
Facilities
Leased space $10,325/mth gross. Current lease expires Oct 2031 with two 5-year options. Square Feet: 5,900. Seating: 156 Inside & 25 Outside. Days/Hrs of Operation: Currently closed. Owners Role: Absentee owned and operated. Value of FF&E: Included In Asking Price (Valued at $100,000). Value of Inventory: Not Included In Asking Price.
Competition
Nicely appointed patio. Incredible buildout. At the intersection of two major thoroughfares with high traffic counts and several sought-after restaurants and retailers. Plus, surrounded by a vast residential area. Located in an affluent desirable north shore suburb!
Growth & Expansion
Location, location, location!
Financing
No.
Reason for Selling
Other interests.

BUSINESS LOCATION
Report an Issue with this listing
Tim Ryan