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High traffic Restaurant on Wheelings restaurant row

241 S Milwaukee Ave, Wheeling, IL 60090
Available Now
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FOR SALERetail / Fast Food
Building Size
10,761SF
Lot Size
71218SF
Year Built
2012
Zoning
B-3
Tenancy
Single Tenant
Currently Leased
No
Listing Contacts

More property details

APN
03-12-101-050-0000, 03-12-101-052-0000
Investment
Owner User
No of Buildings
1
No of Stories
2

Location

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High traffic Restaurant on Wheelings restaurant row
About the location

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.

Location 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
High traffic Restaurant on Wheelings restaurant row
10,761 SF · retail · United States · IL