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770 S Arlington Heights Rd Elk Grove Village, IL 60007

New
For Sale
$150,000

Business Opportunity - Elk Grove Village, IL

Property size:
3,181 SF
Days on Market:
5
Last Refresh:
Dec 15 at 2:06 am

Property Features for 770 S Arlington Heights Rd

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Zoning
COMMR
APN
99999990000000
Size
3,181 SF

Utilities

Cooling system
Central Air

Building Details

Architectural style
Other

Keller Williams Chicago ONEChicago (312) 216-2422 [email protected]

Listing agent Manuel Torrejon-Regalado (312) 216-2422 License #475165475

Listing date Dec 11, 2025

MLS# 12317761 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

Turnkey Mexican Restaurant Opportunity

Tapalpa Mexican Restaurant is available for sale. This fully operational Mexican restaurant is located in Longfellow Plaza, a shopping center with high visibility, foot traffic, and accessibility. The restaurant includes a well-established business with a customer base, a fully equipped kitchen with commercial-grade appliances, and a liquor and food license. The dine-in area measures 1,300 square feet with seating for 82 guests, along with a 325 square foot outdoor patio featuring a covered deck and four FireSense patio heat lamps. The full bar setup includes liquor inventory, subject to negotiation. Situated at the intersection of Arlington Heights Rd. & JF Kennedy Blvd., the location benefits from 26,140 Vehicles Per Day (VPD). Nearby are retailers and dining establishments such as Jewel-Osco, Walgreens, Subway, Starbucks, FedEx, Dunkin', 7-Eleven, Buffalo Wild Wings, and Planet Fitness. The restaurant serves local residents, businesses, and institutions such as Park Chardonnay Condo Associates, Elk Grove Village Public Library, Alexian Brothers Medical, Lions Park, Rainbow Falls Waterpark, and Salt Creek Elementary School. The restaurant is known for its traditional Mexican dishes and Mexican-American favorites. The lease is structured as an exceptionally favorable setup for restaurant operators. The restaurant generates revenue through dine-in, takeout, catering, and bar sales, with an online ordering presence through UberEats, DoorDash, and other platforms. The sale includes essential kitchen equipment such as a hood system, grease trap, fire suppression system, refrigerators, freezers, ovens, fryers, stoves, prep tables, POS system, furniture, dishware, and signage, along with a three-phase electrical service. The outdoor patio is equipped with a covered deck and four FireSense patio heaters. The restaurant is staffed with servers, bartenders, chefs, and kitchen staff. Operating hours are Monday 3:00 PM - 9:00 PM, Tuesday through Thursday 11:00 AM - 9:00 PM, Friday 11:00 AM - 10:00 PM, Saturday 3:00 PM - 10:00 PM, and closed on Sundays. The asking price includes the business name, fully operational restaurant, equipment, furniture, fixtures, liquor and food licenses, and training/transition support.
Insight Report Location Intelligence

Current Use by Public Records

Tapalpa Mexican Restaurant Mexican Restaurant

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Elk Grove Village
County
Cook
State
Illinois
Longitude
-88.0044418
Latitude
42.006674

FAQs

What type of property is this?
Restaurant - Thriving Mexican restaurant for sale in Elk Grove Village, IL.
Where is this restaurant located?
The property is located at 770 S Arlington Heights Rd Elk Grove Village, IL.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: - Turnkey Mexican restaurant with established business and loyal customer base.; - Fully equipped commercial-grade kitchen and dining area (1,300 SF with 82 seats) plus a 55-seat outdoor patio with covered deck and heaters.; - Prime location in high-visibility Longfellow Plaza shopping center at a busy intersection with high traffic count (26,140 VPD).
More about this property
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