JOLIET, IL — A Joliet bar and grill that opened right before the worldwide pandemic is now on the real estate market. Fireman Ted’s Bar and Grill, at 2771 Black Road in Joliet, is available for $295,000.
The asking price includes the business and the business assets, according to Chicago area real estate broker Roger Blomgren. Joliet Patch contacted him Wednesday after noticing that Fireman Ted’s is listed on the commercial real estate website, LoopNet.
The sellers are planning to retire and relocate, according to the listing.
In June 2020, Joliet Patch reported that Ted Peszynski, a recently retired firefighter for the Cicero Fire Department, had opened the Fireman Ted’s and that he had high hopes for success at his new Joliet bar and restaurant near the corner of Black Road and Infantry Drive.
“We’re a local community neighborhood style bar. I’m trying for the adult crowd,” he said at the time. “I love it. It’s a great location. I found this (property) on the Internet. I was looking for a bar to buy. We have a full bar, draft beer, bottled beer and a full compliment of cocktails. The theme of the bar is based on firemen and policemen and military.”
On Wednesday, Blomgren told Joliet Patch that the sale of Fireman Ted’s also includes several video gaming machines. He said that owners spent a substantial amount of money making improvements to the property. Fireman Ted’s lease runs until March 2025, and Blomgren explained that that lease can be continued or re-negotiated.
Fireman Ted’s has a seating capacity for 135 guests.
Also, Fireman’s Ted remains open. It’s open daily from 10:30 a.m. to 2 a.m. Monday through Sunday and the kitchen is open 3 p.m. to 10 p.m., according to the Fireman Ted’s website.
According to LoopNet, rent for the Fireman’s Ted property is $4,950 per month. It’s 3,550 square feet.
To learn more, visit the listing for Fireman Ted’s on LoopNet. For additional questions, Blomgren, the real estate broker, said he can be reached at 630-251-4317.
