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Investment Highlights

  • Multi Use Property (Residential, Retail and Restaurant)
  • Near Downtown and Train
  • Low Vacancy
  • Owner Occupied Opportunity with Business for Sale

Executive Summary

Property Configuration & Highlights
Main Mixed-Use Building (4,025 Sq. Ft.): A bustling retail hub currently housing a beloved coffee shop, a local florist, the Banbury Fair home design boutique, and several other boutique retail shops.
Luxury Owner's/Rental Apartment (1,400 Sq. Ft.): Situated directly above the retail space, this massive 3-bedroom, 2-bathroom apartment offers excellent rental income or a perfect live-work setup for an owner-occupant.
Step into a remarkable piece of Bartlett history with this fully leased, high-yield mixed-use property. Known affectionately to the community as Banbury Fair, this landmark estate spans multiple addresses and offers an exceptional blend of retail, restaurant, and residential income. Originally built in 1877, the property seamlessly pairs historic charm with modern reliability, thanks to extensive renovations in the 1990s and a final major renovation in 2006. Positioned in the heart of thriving downtown Bartlett and just a short walk to the Metra train station, this property is perfectly situated to capitalize on the area's explosive growth
Freestanding Restaurant Space (1,340 Sq. Ft.): A fully operational, highly visible restaurant space adding strong diversification to your tenant mix.
100% Occupancy: Enjoy immediate, turnkey cash flow from day one with all units currently rented.
Bonus Business Opportunity: Highly versatile investment! This is a phenomenal owner-occupied opportunity, with the established and successful Banbury Fair business also available for purchase separately.

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $90,000 $13.43
Other Income - -
Vacancy Loss - -
Effective Gross Income $90,000 $13.43
Taxes $9,550 $1.43
Operating Expenses $12,450 $1.86
Total Expenses $22,000 $3.28
Net Operating Income $68,000 $10.15

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $90,000
Annual Per SF $13.43
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $90,000
Annual Per SF $13.43
Taxes
Annual $9,550
Annual Per SF $1.43
Operating Expenses
Annual $12,450
Annual Per SF $1.86
Total Expenses
Annual $22,000
Annual Per SF $3.28
Net Operating Income
Annual $68,000
Annual Per SF $10.15

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,015 SF
Building Class
B
Year Built/Renovated
1882/2019
Price
$885,000
Price Per SF
$147.13
Cap Rate
7.68%
NOI
$68,000
Business Value
$885,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.26
Lot Size
0.53 AC
Zoning
B-1 - Currently Zoned Mixed Use
Parking
9 Spaces (1.5 Spaces per 1,000 SF Leased)
Frontage
125’ on Railroad

About 211 W RAILROAD AVE , BARTLETT, IL 60103

Step into a remarkable piece of Bartlett history with this fully leased, high-yield mixed-use property. Known affectionately to the community as Banbury Fair, this landmark estate spans multiple addresses and offers an exceptional blend of retail, restaurant, and residential income. Originally built in 1877, the property seamlessly pairs historic charm with modern reliability, thanks to extensive renovations in the 1990s and a final major renovation in 2006. Positioned in the heart of thriving downtown Bartlett and just a short walk to the Metra train station, this property is perfectly situated to capitalize on the area's explosive growth. Property Configuration & Highlights Main Mixed-Use Building (4,025 Sq. Ft.): A bustling retail hub currently housing a beloved coffee shop, a local florist, the Banbury Fair home design boutique, and several other boutique retail shops. Luxury Owner's/Rental Apartment (1,400 Sq. Ft.): Situated directly above the retail space, this massive 3-bedroom, 2-bathroom apartment offers excellent rental income or a perfect live-work setup for an owner-occupant. Freestanding Restaurant Space (1,340 Sq. Ft.): A fully operational, highly visible restaurant space adding strong diversification to your tenant mix. 100% Occupancy: Enjoy immediate, turnkey cash flow from day one with all units currently rented. Bonus Business Opportunity: Highly versatile investment! This is a phenomenal owner-occupied opportunity, with the established and successful Banbury Fair business also available for purchase separately.

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Apt
  • -
  • -
  • -
  • -
  • Banbury Fair
  • Retailer
  • -
  • -
  • -
  • D'Licious Cafe
  • -
  • -
  • -
  • -
  • Jardin de Ramos Florist
  • -
  • -
  • -
  • -
  • Jeweler
  • -
  • -
  • -
  • -
  • Le P'tit Bar & Tapas
  • Accommodation and Food Services
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Apt - - - -
Banbury Fair Retailer - - -
D'Licious Cafe - - - -
Jardin de Ramos Florist - - - -
Jeweler - - - -
Le P'tit Bar & Tapas Accommodation and Food Services - - -
Fairly walkable
50/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100

Nearby Major Retailers

Fifth Third Bank
BMO
Jazzercise

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 06-34-408-024-0000
  • 06-34-408-022-0000
  • 06-34-408-020-0000
Land Assessment
$16,218
Improvements Assessment
$32,232
Total Assessment
$48,450
Annual Taxes
$9,550 ($1.59/SF)
Tax Year
2025
  • Listing ID: 40873393

  • Date on Market: 6/10/2026

  • Last Updated:

  • Address: 211 W Railroad Ave, Bartlett, IL 60103

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