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1116 Diamond Lk Rd Mundelein, IL

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For Sale
$1,450,000

Fully equipped restaurant, convenience store, and residential units for sale.

Property size:
12,875 SF
Lot size:
0.38 Acres

Property Features for 1116 Diamond Lk Rd

General Information

Size
12,875 SF
Lot size
0.38 Acres

Source: Caton Commercial Agent Beth Petri

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Mundelein Mixed-Use Investment Opportunity

This property features a fully equipped, currently active restaurant suitable for an owner/user. The sale includes a transferrable gaming and liquor license, subject to background check and no name change. In addition to the restaurant, the property includes a fully leased convenience store and two residential units. The restaurant, family-owned with over 40 years of history in the Mundelein area, offers upside potential for increased sales through extended hours and participation in village events. Furniture, fixtures, and equipment (FF&E) are included in the sale. The property also features off-street parking and a storage shed. The property size is 12875 square feet.
Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
Mundelein
County
Lake
State
Illinois
Longitude
-88.0039653
Latitude
42.263079

FAQs

What type of property is this?
Conventional restaurant - Fully equipped restaurant, convenience store, and residential units for sale.
Where is this conventional restaurant located?
The property is located at 1116 Diamond Lk Rd Mundelein, IL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: - Fully Equipped Restaurant with Transferrable Gaming and Liquor License; - Includes Leased Convenience Store and 2 Residential Units for Income; - FF&E Included in Sale
More about this property
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