Wheeling, IL Bars & Pubs for sale

Updated: Jun 25

Sports Bar and Dance Venue

698 North Milwaukee Avenue, Prospect Heights, IL 60070

$1,500,000

Established 1991 sports bar and dance venue with 365 total seats, including a 50‑seat patio (14% outdoor seating).
4AM daily liquor license with 20‑hour license; licensed hours maximize late‑night operations and allow earlier opening for additional gaming revenue.
2024 performance includes $1.5M gross sales and $300,000+ Seller’s Discretionary Earnings (20% SDE margin).
Gaming revenue provides supplemental income, with $127,243 take‑home (2024) and video gaming as a secondary revenue stream.
Modelo account is reported as the largest in Illinois (state‑leading position).

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Wheeling, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Iconic Palatine Commercial Redevelopment Opportunity

180 N Smith St, Palatine, IL

$2,500,000

21,500 sqft 1.06 AC lot

21,500 SF building with redevelopment potential in downtown Palatine.

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Remodeled Restaurant and Bar Property

9845 Lawrence Avenue, Schiller Park, IL 60176

$1,990,000

3,200 sqft

Turnkey restaurant/bar offering a liquor license with recently completed interior and exterior remodeling.

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Schiller Park Commercial Opportunity

9845 Lawrence Avenue, Schiller Park, IL 60176

$1,990,000

0.45 AC lot

Restaurant/Bar with Real Estate and Liquor License Included

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Retail, Land, Special Purpose

180 N Smith St, Palatine, IL 60067

$2,500,000

21,500 sqft 1.00 AC lot

Mixed-use properties · 21,500 SF

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land in Itasca, IL

100 S Walnut Street, Itasca, IL 60143

Contact for pricing

0.17 AC lot

Commercial land available for sale in Itasca, Illinois.

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Dwight Commercial Development Opportunity

900 N Union Street, Dwight, IL 60420

$1,200,000

5.50 AC lot

Restaurant, bar, and commercial land for sale in Dwight, IL.

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Commercial Land with Office Building

21835 State Road 120, Elkhart, IN 46516

$330,000

1.93 AC lot

Nearly 2 acres zoned B-2 with an existing office building on the site.

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Commercial Land Parcel with Highway Access

1400 LYNN Avenue, Fond Du Lac, WI 54935

$275,000

2.57 AC lot

C-2 General Business District commercial land parcel located right off Highway 23 near Aurora Medical Clinic.

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Wheeling, IL Bars & Pubs Market Trends and Statistics

Explore 1 bars & pubs for sale in Wheeling, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,500,000.

Sale prices for pubs in Wheeling, IL start at $1,500,000, averaging $1,500,000, and reaching up to $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Wheeling, IL Bars & Pubs for Sale

698 North Milwaukee Avenue, Prospect Heights, IL 60070