999 Confidential Mundelein, IL 60060
- Retail properties
- 13,000 SF
- 2.67 lot acres
Current Use by Public Records
- Retail properties
Property Details for 999 Confidential
- Lot size
- 2.67 lot acres
- Property size
- 13,000 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mundelein
- County
- Lake
- State
- Illinois
- Longitude
- -88.0314
- Latitude
- 42.2786
