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    Mundelein, IL Conventional Restaurants for Sale

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    Long Grove, IL Libertyville, IL Vernon Hills, IL
    Mundelein Mixed-Use Investment Opportunity
    $1,450,000
    12,875 SF
    Mundelein Mixed-Use Investment Opportunity

    1116 Diamond Lake Rd, Mundelein, IL

    Fully equipped restaurant, convenience store, and residential units for sale.
    • Fully Equipped Restaurant with Transferrable Gaming and Liquor License
    • Includes Leased Convenience Store and 2 Residential Units for Income
    • FF&E Included in Sale
    • Upside Potential for Increased Restaurant Sales
    • Off‑Street Parking and Storage Shed Included
    Updated: Nov 27, 2024
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    High-Traffic Commercial Property For Sale
    $750,000
    3,503 SF
    High-Traffic Commercial Property For Sale

    799 E Us Highway 45 Highway, Mundelein, IL 60060

    3,500 sq ft commercial property in high-traffic area.
    • High‑visibility location with significant daily traffic on Hwy. 45.
    • Prime .51‑acre lot suitable for redevelopment.
    • Existing 3,500 sq. ft. building adaptable for restaurant, retail, or service‑based concepts.
    • 42 dedicated parking spaces.
    • Kitchen equipped with essential restaurant equipment (oven, stove, fryer, cooler, sink, prep station).
    Updated: Mar 10, 2024
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Mundelein, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Turnkey Restaurant Building with Drive-Thru
    $1,499,000
    2,533 SF
    Turnkey Restaurant Building with Drive-Thru

    Freestanding restaurant with drive-thru on Rand Road corridor.

    720 E Rand Road, Mount Prospect, IL 60056

    View details
    Turnkey Restaurant in Food Court
    $189,000
    Turnkey Restaurant in Food Court

    Fully built-out chicken and wings restaurant space in a busy outlet food-court cluster with ample customer parking.

    1025 S Elmhurst Road, Mount Prospect, IL 60056

    View details
    Gurnee, IL Chili's For Sale
    $3,050,000
    Gurnee, IL Chili's For Sale

    Single-tenant Chili's in Gurnee, IL with corporate guaranteed lease.

    6030 Grand Avenue, Gurnee, IL 60031

    View details
    Gurnee, IL Chili's Restaurant
    $3,050,000
    5,331 SF
    Gurnee, IL Chili's Restaurant

    Single-tenant Chili's in Gurnee, Illinois near Gurnee Mills.

    6030 Grand Ave, Gurnee, IL 60031

    View details

    Mundelein, IL Conventional Restaurants Investment Opportunities Market Analysis

    Explore 2 conventional restaurants for sale in Mundelein, IL on our real estate platform. These investment opportunities span a total of 16,378 square feet of properties for sale, with an estimated market value of $2,200,000.

    Sale prices for conventional restaurants in Mundelein, IL start at $750,000, averaging $1,100,000, and reaching up to $1,450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 2
    Drive through restaurants 2

    Demographics Overview

    Population 37K
    Population Growth (5Y) -0.2%
    Median Household Income $110,463
    College Educated 58.2%

    High-Yield Neighborhoods for Investment

    Identify Mundelein submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60060 $750K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

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