Turnkey Mexican
For Sale
$188,000
799 Buffalo Grove Road, Buffalo Grove, IL 60089
Fully operational Mexican restaurant sold furnished and equipped, with liquor and gaming licenses renewed through 2025.
Property Size1,200 SF
Days on Market301
Property Features for 799 Buffalo Grove Road
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Business Opportunity
Zoning
COMMR
Additional Details
Furnished
Yes
Business Included
Yes
Liquor License
Yes
Building Details
Building Size
1,200 SF
Stories
1
Listing Agency:
Compass
(847) 318-3718
Listed By:
Alyssa Pimentel · License #475175398
(847) 318-3718
Source:
Midwestrealestate
Added: Oct 30, 2025
Changed: Aug 25
Last Checked: Aug 25 at 9:19AM
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 Compass
Investment Insights
Based on property information with market context.
This turnkey Mexican restaurant is offered fully operational and includes furnishings, dining tables, custom booths, flat-screen TVs, and stylish decor, along with top-quality kitchen equipment. The sale package also includes inventory, and the business components listed as equipment, furnishings, inventory, licenses, and goodwill. Employees are not included.
The restaurant is located on a busy street, providing high visibility as described in the property remarks. A 5-year lease is in place with the same monthly rent for the new owner, and both the liquor and gaming licenses have been renewed through 2025.
The owner is selling to focus on a second location, creating an opportunity to acquire a ready-to-operate restaurant with the licensing renewal information specified through 2025.
The restaurant is located on a busy street, providing high visibility as described in the property remarks. A 5-year lease is in place with the same monthly rent for the new owner, and both the liquor and gaming licenses have been renewed through 2025.
The owner is selling to focus on a second location, creating an opportunity to acquire a ready-to-operate restaurant with the licensing renewal information specified through 2025.
Key Highlights
- Fully operational Mexican restaurant sold furnished and equipped, with equipment and furnishings included in the sale
- Sale includes kitchen equipment, dining tables, custom booths, flat‑screen TVs, decor, inventory, licenses, and goodwill (employees not included)
- Liquor and gaming licenses renewed through 2025
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
805
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60089, IL
43,227
Population
16,551
Households
2.6
Avg Household Size
43
Median Age
67%
College-Educated
97%
High-School Grad
9.8 sq mi
ZIP Area
4,411
Density / Sq Mi
$129,932
Median Household Income
$70,514
Median Earnings
$2,042
Median Rent
$393,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully operational Mexican restaurant sold furnished and equipped, with liquor and gaming licenses renewed through 2025.
Where is this conventional restaurant located?
The property is located at 799 Buffalo Grove Road Buffalo Grove, IL.
What is the asking price?
The asking price for this property is $188,000.
What are key features of this property?
This property features: Fully operational Mexican restaurant sold furnished and equipped, with equipment and furnishings included in the sale; Sale includes kitchen equipment, dining tables, custom booths, flat‑screen TVs, decor, inventory, licenses, and goodwill (employees not included); Liquor and gaming licenses renewed through 2025
