799 Us-45 Mundelein, IL 60060
- Retail properties
- 3,503 SF
- 0.51 lot acres
Current Use by Public Records
- Retail properties
Property Details for 799 Us-45
- Year built
- 1965
- Lot size
- 0.51 lot acres
- Property size
- 3,503 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This vacant, 3,503-square-foot restaurant building presents a unique investment opportunity in Mundelein, Illinois. Located at 799 US-45, this C-Class property boasts a high-traffic location near the intersection of Route 83 and US Highway 45. Built in 1965 and renovated in 2013, the single-story building sits on a 0.51-acre lot with ample parking (42 spaces). The property is zoned C-2, offering flexibility for various uses. The existing restaurant space includes a large, fully equipped kitchen featuring a walk-in freezer, upright oven, gas stove, deep fryer, ice machine, dishwasher, triple sink basin, prep station, and additional basement storage. The asking price is $800,000, translating to $228.38 per square foot. This established location, previously a restaurant for over 40 years, offers potential buyers numerous options: continue operating a restaurant or bar, or explore redevelopment possibilities. The property's APN is 15062010020000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mundelein
- County
- Lake
- State
- Illinois
- Longitude
- -87.9927
- Latitude
- 42.2353
