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    358 Townline Rd Mundelein, IL 60060

    For Sale
    $120,000

    Business Opportunity - Mundelein, IL

    Days on Market:
    101
    Last Refresh:
    Dec 14 at 7:06 am

    Property Features for 358 Townline Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    41150139000000

    Utilities

    Cooling system
    Central Air

    Building Details

    Architectural style
    Other

    HomeSmart Connect Real Estate (847) 495-5000 [email protected]

    Listing agent Soungune Kisellus (847) 495-5000 License #475179314

    Listing date Sep 5, 2025

    MLS# 12464434 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mundelein Restaurant Business Opportunity

    This well-known restaurant in Mundelein, Illinois, has been operating successfully for years. The seller has decided to retire, presenting a business opportunity for a new owner. The Korean restaurant features 6 indoor barbeque tables and 13 regular seating tables. The restaurant is popular among Korean barbeque enthusiasts, with tables frequently fully booked.
    Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Nail Salon Clothing Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mundelein
    County
    Lake
    State
    Illinois
    Longitude
    -88.0352
    Latitude
    42.2666

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    FAQs

    What type of property is this?
    Restaurant - Well-known Korean restaurant with loyal clientele; owner retiring.
    Where is this restaurant located?
    The property is located at 358 Townline Rd Mundelein, IL.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: - Established Korean Restaurant: Operating successfully for years with a strong reputation.; - High Demand: Mostly fully booked, indicating consistent customer traffic and revenue.; - Authentic Korean Barbeque focus caters to a specific and popular niche.
    (847) 495-5000
    Request Owner's contact information
    358 Townline Rd Mundelein, IL 60060
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    Mundelein, IL 60060
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    358 Townline Rd Mundelein, IL 60060
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