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HIGHLIGHTS
- 6,874 SF building in downtown St. Charles
- Renovated in 2014, modern and well-maintained
- Low Kane County property taxes
- Fully built-out restaurant space – turnkey condition
- High visibility, strong foot traffic in a thriving downtown location
- Flexible opportunity for owner-users, investors, or tenants
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 312 | 3,437-6,874 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $171,850 /YR $14,321 /MO | Triple Net (NNN) |
1st Floor, Ste 312
The subject property is a two-story building most recently operated as Shakou Sushi. The first floor is fully built out for restaurant use, featuring a full bar, dedicated sushi bar, commercial-grade kitchen with hood system, walk-in cooler and freezer, office, and separate men’s and women’s restrooms. The design is open to the second floor, creating an inviting atmosphere with natural flow between levels. The second floor is currently configured as a mezzanine-style dining area, providing additional seating and a second bar, along with dry storage and office space. Importantly, the second floor was originally built as apartments and could easily be converted back into four one-bedroom units under current CBD-1 zoning. This offers future owners or investors a unique opportunity to diversify income by adding residential tenants while retaining ground-floor commercial operations.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Central Air and Heating
- Freezer Space
- High Ceilings
- Exposed Ceiling
- Emergency Lighting
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 6,874 SF | Property Subtype | Restaurant |
| Min. Divisible | 3,437 SF | Gross Leasable Area | 6,874 SF |
| Property Type | Retail | Year Built/Renovated | 1940/2014 |
| Total Space Available | 6,874 SF |
| Min. Divisible | 3,437 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 6,874 SF |
| Year Built/Renovated | 1940/2014 |
ABOUT THE PROPERTY
Presenting a prime opportunity for retail, restaurant, and mixed-use investors, this 6,874 SF property offers a fully built-out restaurant space in a desirable downtown St. Charles location. Renovated in 2014, this well-maintained building requires minimal deferred maintenance, allowing for a seamless transition for prospective tenants. Zoned CBD-1 – Core Central Business District, the property’s second floor could be converted into four one-bedroom apartments, an option supported under current zoning. This unique feature provides flexibility for both owner-users and investors, offering the opportunity to diversify the rent roll with both commercial and residential tenants. A multi-tenant configuration lowers overall risk and enhances long-term stability by creating multiple income streams. Strategically positioned to capitalize on the dynamic Chicago market and benefiting from low Kane County taxes, this property represents a compelling investment opportunity for those seeking a turnkey restaurant or retail space with the added upside of a mixed-use redevelopment play.
- Restaurant
- Signage
- Tenant Controlled HVAC
- Air Conditioning
NEARBY MAJOR RETAILERS
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312 W Main St
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