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Highlights

•Fully Operational Turnkey Business •Approximately $100,000 in Annual Gaming Revenue •Additional Rental Income from Upstairs Apartment •Located on Nearly 2 Acres of Land •Great Opportunity for Redevelopment or a New Venture •Outdoor Patio Seating in Two Separate Areas •Includes Two Bars •Potential for Village Grant Assistance

Description

Fantastic Restaurant Opportunity on Bustling Milwaukee Ave in Wheeling, IL — part of the renowned "Restaurant Row"! This turnkey, fully-equipped restaurant includes gaming and is ready for immediate operation. The main level features a full-service dining area, bar, and private party room. Upstairs, there’s a spacious 3-bedroom apartment currently rented, generating additional income. The basement offers another party room with a dance floor, bar, four walk-in coolers, storage areas, and restrooms. Gaming revenue approaches $100,000 annually. Please note: the business itself is not for sale. Potential eligibility for a restaurant grant through the Village of Wheeling.

Listing Details

  • Tenancy

    Single

  • Space Type

    retail

  • Sub Category

    fast-food

  • Date Listed

    10/22/2025

  • Investment Type

    Owner User

Property Specifics

  • Property Name

    High traffic Restaurant on Wheelings restaurant row

  • No of Buildings

    1

  • No of Stories

    2

  • Year Built

    2012

  • Building Size

    10,761 SF

  • Lot Size

    71,218 SF

  • APN

    03-12-101-050-0000, 03-12-101-052-0000

  • Zoning

    B-3