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

