5115 Main ST, Downers Grove, IL 60515
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5115 Main ST, Downers Grove, IL 60515
5115 Main ST, Downers Grove, IL 60515
5115 Main ST, Downers Grove, IL 60515
5115 Main ST, Downers Grove, IL 60515
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5115 Main ST Downers Grove, IL 60515

4,271 Sqft Lot


UPDATED:

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Rent

MLS Listing ID 12759166

Year Built 1972

Annual Tax Amount $11,129

Tax Year 2025

Lot Size 4,271 Sqft

Lot Dimensions 30 x 130

Property Sub-Type Retail/Stores

Property Description

This property is situated in the heart of downtown Downers Grove and it is within walking minutes from the Metra train station. This space is only for lease; it is not for sale. There are two options. First, you can lease the space and take over the existing Giordano's franchise pending approval from Giordano's corporate. Essentially, you would be paying rent for the space and you would also pay $200,000 for the existing Giordano's franchise. Or, second, you can just lease the space and put your own concept in this space. EQUIPMENT: This is a partial list of our equipment inventory. We are open to selling everything for $100,000 and this includes equipment and other items such as, but not limited to, pots, pans, tables, chairs and the list goes on. The partial list is as follows: Toast POS System, six (6) shelf rotating Cutler oven, three (3) single door freezers, two (2) double door refrigerators, two (2) LaRosa pizza and sandwich tables, one (1) deep fryer, one (1) six burner stove with oven, one (1) walk-in cooler, two (2) Alto-shaam warmers, one (1) steam table, one (1) ice maker, one (1) stainless-steel pizza cutting table, one (1) stainless-steel dough rolling station, various stainless-steel tables for food preparation and washing dishes, one (1) 3-door beer cooler and one (1) 2-door beer cooler with 8 beer taps. PERMITTED USES: A list of permitted uses is attached in the "Additional Information" tab of this listing sheet. This is a list of some of the permitted uses in no particular order; specifically: governmental facility, natural resource preservation, grooming service, business support service, consumer maintenance and repair, general personal improvement services, health and fitness services, studio or instructional services, restaurant, wine and/or beer boutique, financial services, business and professional office, medical, dental and health practitioner, convenience goods, consumer shopping goods and building supplies and equipment. Please contact the Village of Downers Grove with your specific questions. ROOF: The building was bought in the year 2000; the roof was new then; since then, the roof is merely maintained. REPAIRS: The owners maintained the building on their own throughout the years. PARKING: There are three (3) parking spaces in the back. The Village of Downers Grove has timed parking all over town; parking is free within that time period only. A/C UNITS: There are three (3) A/C units on the roof. Two (2) of the A/C units are from the year 2000. One (1) of the A/C units is from the year 2005. PLUMBING: The building has copper plumbing throughout; it was all done in the year 2000. FRANCHISE: The current manager is willing to train the next owner for up to thirty (30) days after the purchase of the building and after the franchise agreement is extended; this assumes that the prospective tenant wants to take over the existing Giordano's. SPRINKLERS: There are no sprinklers in this building. However, there is a fire suppression system and it is fully functioning and it is up to date. GAS: Heating costs average about $500 per month. ELECTRICITY: Electricity costs average about $1,800 per month. WATER/SEWER: Water and sewer costs average about $400 per month. BUSINESS: This Giordano's location has been open since January of 2000. BASEMENT: There is no basement. CEILING HEIGHT: The ceiling height is approximately 12 feet throughout the building. SEATING: The current restaurant has about 85 seats. LIQUOR LICENSE: We do not know if the liquor license is transferable; please call the Village of Downers Grove with your questions. SIDEWALK DINING: It is pretty easy to obtain a sidewalk dining permit; please call the Village of Downers Grove with your questions. LISTING AGENT: The listing agent is related to the owners. ZONING: The current zoning is Downtown Core (DC).

Location

State IL

County Dupage

Area Downers Grove

Zoning COMMR

Interior

Cooling Central Air, Exhaust Fan, Ceiling Fan(s)

Flooring Concrete, Tile

Fireplace N

Exterior

Roof Type Rubber

Building

Dwelling Type Retail/Stores

Structure Type Brick,Concrete


Midwest Real Estate Data (MRED) IDX
Listed by Peter Drossos of  Peter Drossos Real Estate 
Anam Hargey

Anam Hargey

Broker

+1(847) 274-8309

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5115 Main ST