Property summary
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 profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.