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$2,850,000 Just Listed
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Property Description
"Rare opportunity to own a very successful, fully equipped, operational restaurant along the scenic Fox River. This prime location enjoys high foot traffic, an established customer base, and is ideally situated near local attractions and commercial hubs. Property Highlights: Turnkey Sale: Includes all furniture, fixtures, and equipment (FF&E). Prime Location: High-traffic area surrounded by tourist attractions, business districts, and riverfront views. Parking: 55+ spaces available. Seating Capacity: Seats 220 indoors and 60 on the outdoor patio. Modern Facilities: Fully equipped for ongoing operations or adaptable to a new culinary concept. Included Equipment: Complete kitchen setup: pizza oven, commercial stoves, refrigeration, ovens, fryers, and prep stations. Dining area furnished with tables, chairs, booths, and lighting. Point-of-Sale (POS) system. Storage: walk-in refrigerators and ample dry storage. Accessibility & Visibility: Easy access from Rt 64 and Rt 31, with nearby public transportation and high pedestrian visibility. Permits and Licensing: Includes restaurant use, liquor license, and gaming permits. Growth Potential: Property offers flexibility for modifications or future expansion." Can provide financials upon request.
Full Property Details
Full Property Details for 320 N 2nd Street N
General
- Price: $2,850,000
- Taxes: $41,355 (2023)
- Status: Active
- Type: Business
- Source: MRED
- MLS ID: 12614550
- Updated: 4/9/2026
- Added to Site: 6 day(s) ago
Business
- Name: SALERNOS ITALIAN RESTAURANT
- Business Type: Food & Beverage, Restaurant, Other
- Years in Business: 11 or More
- Seating Capacity: 100 or More, Outdoor
Interior
- Interior Features: Passenger Elevator(s), Accessible Entrance, Accessible Washroom/s, Public Restroom(s)
Location
- Area: Campton Hills / St. Charles
- County: Kane
- Driving Directions: North Ave (Main Street) to 2nd St. North on 2nd to Property
- Location Details: Riverfront, Waterfront, Water View
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat, Gas
Utilities
- Onsite: Electricity to Site, Natural Gas Available
Structural Information
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 8,000
Lot Features
- Lot Size (Sq. Ft.): 33,977
- Lot Size Range: .50 to .99 Acre
- Lot Dimensions: 237 x 295 x 110 x 377
- Frontage: City Street
- Zoning: COMMR
Water Features
- Water Front: Yes
- Water Front View: Back of Property
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $41,355.5
- Tax Year: 2023
- Tenant Pays: Common Area Maintenance, Taxes, Insurance, Repairs, Roof, Scavenger, All Utilities, Trash Collection
Disclosures and Reports
- Ownership: Individual
- Property ID: 927354006
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Schools
Schools serving 320 N 2nd Street N
School District:St. Charles Community Unit School District 303
| Name | Grades | Distance |
|---|---|---|
Munhall Elementary School 1400 S 13th Ave, St. Charles, IL 60174 | K-5 | 1.4 mi |
Thompson Middle School, St. Charles, IL 705 W Main St, St. Charles, IL 60174 | 6-8 | 0.4 mi |
St Charles East High School 1020 Dunham Rd, St. Charles, IL 60174 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 320 N 2nd Street N
Date
Details
Price
Change
Source
4/09/2026
Listed
$2,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 320 N 2nd Street N
Year
Property Taxes
Change
Tax Assessment
Change
2024
$43,116
4%
$501,426
12%
2023
$41,356
8%
$448,784
10%
2022
$38,227
4%
$408,305
5%
2021
$36,801
—
$389,195
2%
2021
$36,801
3%
$381,938
2%
2019
$35,766
7%
$374,376
9%
2017
$33,295
-4%
$343,997
4%
2016
$34,637
-2%
$331,915
1%
2015
$35,422
-1%
$328,336
—
2014
$35,849
5%
$328,336
-8%
2018
$34,173
-2%
$356,174
7%
2013
$34,997
—
$331,619
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 320 N 2nd Street N
320 N 2nd Street N, Saint Charles, IL 60174 (MLS# 12614550) is a Business property. 320 N 2nd Street N is currently listed for $2,850,000 and was received on April 09, 2026. Want to learn more about 320 N 2nd Street N? Do you have questions about finding other Business real estate for sale in Saint Charles? You can browse all Saint Charles real estate or contact a Coldwell Banker agent to request more information.

