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    680 Mall Dr Schaumburg, IL 60173

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    For Sale
    Contact for pricing

    Turnkey restaurant and banquet facility near Woodfield with massive patio.

    Property size:
    8,750 SF
    Lot size:
    1.61 Acres

    Property Features for 680 Mall Dr

    General Information

    Size
    8,750 SF
    Lot size
    1.61 Acres

    Source: Citadel Property Advisors Agent Michael Havdala

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

    Overview

    Turnkey Restaurant and Banquet Facility

    This is a turnkey restaurant and banquet facility near Woodfield, featuring approximately 8,500 square feet of space. The property includes a substantial 2,500 square foot all-seasons patio equipped with a full outdoor bar and louvered roof system. Inside, there is a large bar area with a stage suitable for live music and concerts, along with a spacious dining room that offers options for private dining and event spaces. The property is situated on a large 1.6 acre site with parking for approximately 120 cars. It is located a short distance from Woodfield Mall, which is anchored by Nordstrom, Apple, Macy’s, JC Penney, and Primark, and is also close to Whole Foods, Crate & Barrel, Dick’s Sporting Goods, and AMC Theaters at Streets of Woodfield. The property is available with all furniture, fixtures, and equipment included. The property is suitable for restaurants, retail properties, and bars.
    Insight Report Location Intelligence

    Current Use by Public Records

    Mezé Mediterráneo Mediterranean Restaurant Vidalia Restaurant Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Schaumburg
    County
    Cook
    State
    Illinois
    Longitude
    -88.0395292
    Latitude
    42.0409581

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    FAQs

    What type of property is this?
    Restaurant - Turnkey restaurant and banquet facility near Woodfield with massive patio.
    Where is this restaurant located?
    The property is located at 680 Mall Dr Schaumburg, IL.
    What are key features of this property?
    This property features: - Turnkey +/- 8,500 SF restaurant building and banquet facility.; - Massive 2,500 SF all-seasons patio with full outdoor bar and louvered roof system.; - Large 1.6 acre site with parking for approximately 120 cars.
    (312) 312-9944
    Request Owner's contact information
    680 Mall Dr Schaumburg, IL 60173
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    Schaumburg, IL 60173
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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
    680 Mall Dr Schaumburg, IL 60173
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