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Mixed-Use Property with Music Venue

10 S Vail Avenue, Arlington Heights, IL 60005

For Sale
$1,750,000

The built-out space combines dining, bar, and performance areas with outdoor seating.

Property Size27,300 SF
Price / SF$64.10
Days on Market33

Property Features for 10 S Vail Avenue

General Information

Standard status Active
Size 27,300 SF
Property subtype Commercial

Restaurant

Seating Capacity 300
Patio Yes

Additional Details

Business Included Yes
Listing Agency: Kudan Group, Inc.
Listed By: Brian Laskov · License #471016006
Source: Helenoliveri
Added: Oct 5 Changed: Nov 6 Last Checked: Nov 6 at 2:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kudan Group, Inc.

Rey
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Investment Insights

Based on property information with market context.

This commercial condominium is configured for restaurant service and live music, with dining, bar, and performance areas accommodating up to 300 guests. Outdoor dining extends the venue’s usable space, including during Arlington Alfresco, a summer street program.

At 10 S Vail Avenue in downtown Arlington Heights, the property faces Harmony Park and sits within the Vail/Campbell entertainment district. Nearby destinations include Metropolis Performing Arts Centre, Big Shot Piano Lounge, and Peggy Kinnane’s. The Metra station is two blocks away, and a multi-level public parking garage is directly adjacent.

Key Highlights

  • Restaurant and music venue with capacity for up to 300 guests
  • Approximately 4,000 SF commercial condominium
  • Dining, bar, and performance areas

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Auto Parts Store Catering Service Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,285
Businesses Nearby

Demographics for 60005, IL

30,221
Population
13,511
Households
2.2
Avg Household Size
43
Median Age
57%
College-Educated
94%
High-School Grad
6.6 sq mi
ZIP Area
4,579
Density / Sq Mi
$100,304
Median Household Income
$62,323
Median Earnings
$1,621
Median Rent
$376,200
Median Home Value
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Market

Properties on Market for Mixed-use properties in Sangamon County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The built-out space combines dining, bar, and performance areas with outdoor seating.
Where is this mixed-use property located?
The property is located at 10 S Vail Avenue Arlington Heights, IL.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Restaurant and music venue with capacity for up to 300 guests; Approximately 4,000 SF commercial condominium; Dining, bar, and performance areas
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