394 E. Irving Park Road – Roselle Commons
9,053 SF Second-Generation Restaurant | Turnkey Opportunity
Executive Summary
Roselle Commons presents a prime second-generation restaurant opportunity in the heart of Roselle’s thriving commercial corridor. This 9,053 SF endcap unit is fully built-out and modern, featuring a professional-grade kitchen with all major infrastructure in place—hood system, grease trap, walk-in refrigeration, and more. The interior includes an existing bar, service areas, dining rooms, and restrooms, plus a large outdoor patio that elevates the guest experience and expands seasonal seating.
This is a rare turnkey space in move-in ready condition. It offers restaurateurs a unique opportunity to expand operations quickly and economically in an affluent, well-trafficked market. The space is adaptable to a wide range of dining concepts, from fast casual or upscale casual, to sports bar, pub, or entertainment dining. Infrastructure is up to code, allowing for immediate licensing and occupancy with minimal investment.
Property Highlights
9,053 SF Endcap Unit – Prime visibility and storefront exposure
Fully Equipped Kitchen – Professional hood system, walk-ins, plumbing, and HVAC
Attractive Build-Out – Existing bar, open dining rooms, upgraded finishes
Outdoor Patio – Large, inviting space for seasonal seating
Ample Parking – Surface lot with generous customer access
Excellent Visibility – Frontage on high-traffic Irving Park Road (~17,000 VPD)
Up-to-Code Infrastructure – All mechanicals, fire suppression, and kitchen systems in place
Video Gaming Opportunity – Eligible for gaming license to generate additional income
Location Overview
Located in the Roselle Commons shopping center, this space benefits from excellent access and visibility along Irving Park Road (Route 19), a key east-west corridor connecting Roselle to neighboring suburbs. The site offers multiple access points, proximity to public transportation (Metra station nearby), and is easily reached from I-390 and I-290.
Roselle Commons is a well-established retail center that has historically maintained high occupancy with a solid mix of tenants including dining, fitness, personal services, and daily needs retailers. The endcap unit’s position maximizes signage exposure and foot traffic potential.
Market Demographics
2-Mile Radius
Population: 35,558
Average Household Income: $117,243
Homeownership Rate: 72%
Bachelor's Degree or Higher: 38%
5-Mile Radius
Population: 259,196
Average Household Income: $108,871
Owner-Occupied Households: 72%
Consumer Spending: $3.3 Billion Annually
10-Mile Radius
Population: 934,685
Average Household Income: $117,560
Total Consumer Spending: $12.3 Billion Annually
This area offers strong income levels, high education attainment, and a stable residential base with high homeownership. Within 5 miles, over 70% of households are owner-occupied and average household income exceeds $100,000. The customer base is affluent, family-oriented, and supportive of local restaurants and experiences.
Area Development Momentum
Roselle is in the midst of a downtown revitalization that will drive future customer growth and enhance the market for restaurants and service-oriented businesses. Highlights include:
Metro 19 Apartments
An $80 million transit-oriented development (TOD) just blocks from Roselle Commons. Metro 19 will include 293 luxury rental units and 6,800 SF of commercial space directly next to the Roselle Metra station. Leasing is expected to begin in late 2024, bringing hundreds of new residents within walking distance of the restaurant.
Library Redevelopment & Downtown Upgrades
The Village of Roselle and the Roselle Public Library District have completed a land swap to develop a new state-of-the-art library at 233 E. Maple Ave. The current library site will be redeveloped as part of the ongoing downtown activation efforts. This will drive more consistent foot traffic into the heart of Roselle.
Village-Owned Redevelopment Site
A 7-acre parcel at Roselle Road and I-390 has been cleared for redevelopment. Preliminary plans are underway for new residential housing, further supporting area growth and long-term vibrancy.
Strategic Advantage for Restaurateurs
Speed to Market: Space is fully built-out and ready for immediate use
Reduced CapEx: Avoid high construction costs with existing infrastructure in place
Brand Exposure: Endcap visibility on major arterial road with 17,000+ vehicles per day
Walkability & Transit: Close to downtown foot traffic, residential density, and Metra
Future Growth: Surging demand from new residential and civic projects
Gaming License Potential: Generate meaningful supplemental income via slot gaming
Summary
394 E. Irving Park Road represents a rare chance to step into a modern, professionally built-out restaurant space in a proven location. Whether you’re an expanding operator or a seasoned local restaurateur, this opportunity combines turnkey readiness with strong demographics, exceptional visibility, and future area growth. With the added benefit of video gaming potential and a supportive business environment, this site is primed to become a high-performing unit for the right concept.
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Date available: Apr 2025
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Lease term: Negotiable
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Service type: Triple Net
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Built out as: Restaurants And Cafes
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Space Type: Relet
Ted Aretos
Eatz & Associates
