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999 Confidential Mundelein, IL 60060

Sponsored
For Sale
$3,000,000

Established Restaurant, Prime Location

Property size:
13,000 SF

Description

Added:
Dec 11, 2024
Days on Market:
393
This exceptional opportunity presents a thriving restaurant business and its accompanying real estate in Mundelein, IL. The 13,000 square foot restaurant, situated on a 2.67-acre lot, boasts a 45+ year history, a loyal customer base, and significant growth potential. The sale includes all furniture, fixtures, and equipment (FFE), inventory, recipes, and the established brand name. Currently generating profit, the restaurant offers ample room for expansion, including extending operating hours and adding gaming machines (permitted). The property features 170 parking spaces, a large bar area with seating for 30 and a stage for live entertainment, and a private dining room. The C-2 zoning allows for various uses. This turnkey operation is well-maintained and ready for immediate success. The asking price is $3,000,000, with a price per square foot of $230.77. Seating capacity is 350 patrons. A 3 pm liquor license is in place. This is a rare chance to acquire a profitable, established business with substantial real estate in a desirable location.

Property Features for 999 Confidential

General Information

Property type
Restaurants
Square Feet
13,000 SF
Lot Size
116,305 SF

Building Details

Buildings
1
Units
1

HighLights

  • Established restaurant with 45+ years of operation and a loyal customer base.
  • Turnkey operation including all FFE, inventory, recipes, and brand name; currently profitable.
  • Growth potential through extended hours, liquor sales (3 pm license), gaming machines (permitted), and live entertainment in a large bar area.
  • Prime 2‑acre location with a 13,000 sq ft building, seating for 350, private dining room, and 172 parking spaces.
  • Successful, profitable restaurant with significant growth potential and a well‑maintained property.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Mundelein
County
Lake
State
Illinois
Longitude
-88.0314174
Latitude
42.2785596

FAQs

What type of property is this?
Restaurant - Established Restaurant, Prime Location
Where is this restaurant located?
The property is located at 999 Confidential Mundelein, IL.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Established restaurant with 45+ years of operation and a loyal customer base.; Turnkey operation including all FFE, inventory, recipes, and brand name; currently profitable.; Growth potential through extended hours, liquor sales (3 pm license), gaming machines (permitted), and live entertainment in a large bar area.
More about this property
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