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    Wheeling, IL
    Night Club

    Wheeling, IL Night Clubs for Sale

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    Sports Bar and Dance Venue
    Updated: Jun 25
    Sports Bar and Dance Venue

    698 North Milwaukee Avenue, Prospect Heights, IL 60070

    $1,399,000
    Established 1991 sports bar and dance venue with 365 total seats, including a 50‑seat patio (14% outdoor seating).
    4AM daily liquor license with 20‑hour license; licensed hours maximize late‑night operations and allow earlier opening for additional gaming revenue.
    2024 performance includes $1.5M gross sales and $300,000+ Seller’s Discretionary Earnings (20% SDE margin).
    Gaming revenue provides supplemental income, with $127,243 take‑home (2024) and video gaming as a secondary revenue stream.
    Modelo account is reported as the largest in Illinois (state‑leading position).
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    1 active listing matches your search: Night Club for sale in Wheeling, IL. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Former Nubby's Club Nightclub
    Former Nubby's Club Nightclub

    604 E Sherman Boulevard, Muskegon, MI 49444

    $59,000
    4,198 sqft 0.43 AC lot

    Vacant entertainment property requiring renovation, with broadband and cable available.

    View details
    Mixed-Use Property with Event Space
    Mixed-Use Property with Event Space

    1915 S Calhoun Street, Fort Wayne, IN 46802

    Contact for pricing
    0.98 AC lot

    Three adjoining commercial parcels include renovated gathering areas, a commercial kitchen, patio space, and additional open areas for redevelopment.

    View details
    Nightclub Property
    Nightclub Property

    604 E Sherman, Muskegon, MI 49445

    $59,000

    The building dates to 1955 and previously operated as Nubby's Club.

    View details
    Adult Club in Fort Wayne
    Adult Club in Fort Wayne

    1002 N Coliseum Blvd, Fort Wayne, IN 46805

    Contact for pricing
    9,500 sqft

    Thriving adult entertainment business and real estate in prime location.

    View details

    Wheeling, IL Night Clubs Market Trends and Statistics

    Explore 1 night clubs for sale in Wheeling, IL on our real estate platform.

    Sale prices for night clubs in Wheeling, IL average $1,399,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Night clubs 1
    Theaters & concert halls 1

    Demographics Overview

    Population 38K
    Population Growth (5Y) -0.4%
    Median Household Income $83,449
    College Educated 54.0%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Wheeling fall within the 25,000 to 50,000 square foot range.

    How Realmo verifies these figures

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