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 ...
+ Read More| Listing Id: | 12706623 |
|---|---|
| List Price: | $24 |
| Property Type: | Business Opportunity |
| Property Type: | Bus / Bus w/Real Est |
| Status: | Active |
| Parking On Site: | No |
| Tax Annual Amount: | $11,130 |
| City: | Downers Grove |
| County Or Parish: | Dupage |
| Postal Code: | 60515 |
| Basement: | false |
| Business Name: | Giordano's |
| Business Type: | Food & Beverage, Restaurant, Retail |
| Construction Materials: | Brick, Concrete |
| Cooling: | Central Air |
| Directions: | In the heart of downtown Downers Grove, between Curtiss Street and Burlington Avenue |
| Electric: | Service - 201 to 600 Amps, Power - 480V, Three Phase |
| Existing Lease Type: | Net |
| Frontage Type: | City Street, Public Road |
| MLS Area Major: | Downers Grove |
| Adjusted Net Income: | 0 |
| Annual Rent For Real Estate: | 0 |
| Adj Net Inc Expense Source: | Owner Projection |
| Adj Net Income Year: | 2025 |
| Agent Owned/Interest (Y/N): | Related |
| Leasable Area Units: | Square Feet |
| Ann Rnt Expense Source: | Owner Projection |
| Approx Land Sq Footage: | 2,908 |
| Business Age: | 11+ Years |
| Cost Of Goods Sold: | 0 |
| Cost Of Goods Expense Source: | Owner Projection |
| Cost Of Goods Year: | 2025 |
| Corporate Limits: | Downers Grove |
| Current Owner: | 11+ Years |
| Estimated Cam/Sf: | 2.46 |
| Known Encumbrances: | None Known |
| Food/Beverage Type: | Restaurant, Pizza Parlor, Franchise, Carry-Out |
| Gross Profit: | 0 |
| Gross Profit Expense Source: | Owner Projection |
| Gross Profit Year: | 2025 |
| Green Supporting Documents: | N |
| Gross Sales Annual: | 0 |
| Gr Sales Ann Expense Source: | Owner Projection |
| Gross Sales Ann Year: | 2025 |
| Heat/Ventilation: | Forced Air, Gas |
| Inventory: | 0 |
| Information: | Short Notice OK, Non-Disclosure Agreement, No Sign on Property, Profit & Loss Avalia |
| Inventory Year: | 2025 |
| Inventory Expense Source: | Owner Projection |
| Living Quarters: | None |
| Location: | Central Business District, Shopping Center, Public Transport Avail, In City Limits, High Traffic Area |
| List Price Per Sf: | 0 |
| Lot Size: | Less Than .25 Acre |
| Market Code: | Active |
| Misc Inside: | Public Restroom/s, Storage Inside |
| Misc Outside: | Handicapped Design |
| Net Profit: | 0 |
| Net Profit Source: | Owner Projection |
| Original Rental Price: | $24 |
| Ownership Type: | Land Trust |
| Outdoor Parking: | 1-5 Spaces, Common Parking, Parking On-Site, Parking-Street |
| Gross Payroll: | 0 |
| Property Offered: | For Rent Only |
| Gross Payroll Expense Source: | Owner Projection |
| Gross Payroll Year: | 2025 |
| Seating Capacity: | 51-75 |
| Sale Price Includes: | Business, Equipment, Inventory, Customer List, Owner Will Train, Franchise Rights, Phone Number, Business Name |
| Sales Taxes Expense Source: | Owner Projection |
| Sales Taxes: | 0 |
| Sales Taxes Year: | 2025 |
| Total Op Expense Source: | Owner Projection |
| Total Op Exp Year: | 2025 |
| Estimated Tax/Sf: | 4.57 |
| Tax Expense Source: | Owner Projection |
| Type Of Lease: | Franchise Approval Req, Other (See Remarks) |
| Update Date: | 2026-09-25T20:11:23 |
| Unincorporated (Y/N): | No |
| Unit Square Footage: | 2908 |
| Possession: | Closing, Immediate, Specific |
| Possible Use: | Liquor License, Retail |
| Postal Code Plus4: | 4602 |
| Roof: | Rubber |
| State Or Province: | IL |
| Stories: | 1 |
| Tax Year: | 2025 |
| Tenant Pays: | Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Roof, Scavenger, Sewer, Varies by Tenant, Gas, All Utilities, Trash Collection |
| Zoning: | COMMR |
| Actual Status: | Active |
| Lot Size Source: | Survey |
| Rental Price: | $24 |
| Confidentiality Or Non Disclosure Agreement Required? (Y/N): | Yes |
| Real Estate Included? (Y/N): | Yes |
Listing Courtesy of: Peter Drossos Real Estate
Listing Agent: Peter Drossos
peter.drossos.reo@gmail.com
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Midwest Real Estate Data LLC data last updated on October 08, 2026 04:22 PM - CT
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Property Last Updated: October 08, 2026 04:22 PM - CT





























