260 E Lincoln Hwy
DeKalb, IL 60115
O'Leary's Irish Pub & Grill.... · Retail Property For Sale

Complete restaurant, bar, full kitchen, gaming area, function/banquet area in this 8,700 SF turnkey property in the heart of the DeKalb Downtown Business Disrict. There is also an additional 5,000 SF basement. Many upgrades and improvements over the past few years including new rubber membrane flat roof, five (5)all new , energy efficient heating and cooling systems. Schindler hydraulic elevator w/ 4,000 lb. capacity, control room and to current code, complete, full building monitored sprinkler system, heavy electrical service including Phase 3, upgraded draft system and ADT monitored alarm system. Occupancy for 172 main level seating, 125 upper level banquet seating & 40 outdoor patio seating. Business has been successfully operated since 2004 - Nov. 2018, having held licences to provide liquor, restaurant, catering, gaming & banquet services. New double entry doors, Pennsylvania Amish-built tables, authentic tin ceiling, new stools, red oak booths/columns, mahogany wood & stone bar accents, refinished maple floors & 11 TVs. 165 non-metered City of DeKalb parking spaces adjacent to property. Building was built in the late 1930s for retailer, JC Penny. All real estate, fixtures and furniture included in transaction. Dishwasher, ice-machine & water softener are leased and not included in sale assets. Prime commercial site and business located in the core of DeKalb, w/ high traffic count,over 12,000 VPD per IDOT and excellent visibility, w/ nearby Northern Illinois University. Property may be able to access TIF funding.