Restaurants

Buffalo Grove, IL Restaurants for Sale

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Long Grove, IL Lincolnshire, IL Wheeling, IL Prairie View, IL Arlington Heights, IL Vernon Hills, IL Shawano, WI Palatine, IL
Freestanding Restaurant Building
Updated: Apr 10
Freestanding Restaurant Building

301 N. Milwaukee Avenue, Buffalo Grove, IL 60089

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8,963 sqft 0.91 AC lot
Freestanding restaurant building totaling approx. 8,963 SF at 301 N. Milwaukee Avenue in Buffalo Grove, IL
0.91‑acre lot with approx. 340 linear feet of frontage on Milwaukee Avenue
Ample customer parking with 1100 surface spaces on‑site
Tenant‑occupied by Grill on the Rocks; tenant will vacate upon sale
Recently renovated with $600,000+ in updates including carpentry, electrical, equipment, hoods/fans, HVAC, landscaping, windows, and roofing
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Drive-Thru Restaurant Ground Lease
Updated: Apr 10
Drive-Thru Restaurant Ground Lease

1515 W Dundee Road, Buffalo Grove, IL 60089

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27,254 sqft
Single‑tenant Burger King drive‑thru on a ground lease in the Chicago MSA (Buffalo Grove, IL).
27,254 SF property; Burger King location has been in operation for 40 years.
5 years remaining on the ground lease, expiring July 6, 2022.
Located on Dundee Road in a retail and auto dealer corridor with traffic counts of 37,000 vehicles per day.
1/2 mile east of U.S. Route 53 with a full access interchange (186,700 vehicles per day).
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Fully Equipped Restaurant Space
Fully Equipped Restaurant Space

718 S S Buffalo Grove Rd, Buffalo Grove, IL 60089

$120,000

Restaurant space set up by the owner with kitchen appliances, fixtures, and equipment, ready to operate.

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Turnkey Mexican Restaurant
Turnkey Mexican Restaurant

799 Buffalo Grove Rd, Buffalo Grove, IL 60089

$188,000

Fully operational Mexican restaurant sold furnished and equipped, with liquor and gaming licenses renewed through 2025.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 4 Active listings in Buffalo Grove, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Free-Standing Restaurant with Outdoor Seating
Free-Standing Restaurant with Outdoor Seating

260 S Milwaukee Avenue, Wheeling, IL 60090

$799,900
3,255 sqft 0.73 AC lot

Freestanding restaurant with indoor dining plus outdoor seating, complete with a fully equipped commercial kitchen.

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Free-Standing Restaurant with Outdoor Seating
Free-Standing Restaurant with Outdoor Seating

260 S Milwaukee Avenue, Wheeling, IL 60090

$799,900
0.73 AC lot

Free-standing restaurant building on a large parcel with 30 parking spaces and indoor plus outdoor dining for 40-plus guests.

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Turnkey Drive-Thru Restaurant Building
Turnkey Drive-Thru Restaurant Building

1158 E Dundee Rd, Palatine, IL 60074

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1,744 sqft

Turnkey drive-thru restaurant building on a parcel that includes an adjacent buildable lot.

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Turnkey Restaurant with Drive-Thru
Turnkey Restaurant with Drive-Thru

1158 E Dundee Rd, Palatine, IL 60074

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1,744 sqft 0.50 AC lot

1,744 SF restaurant with drive-thru on half-acre lot.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land with Road Frontage
Commercial Land with Road Frontage

20420 N Rand Road, Deer Park, IL 60074

$2,500,000
1.94 AC lot

PUD-zoned commercial land with Rand Road frontage and natural gas availability.

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Mundelein, IL Commercial Land
Mundelein, IL Commercial Land

331 Plaza Circle lot: 4, Mundelein, IL 60060

$286,000
0.43 AC lot

Commercial land available in Mundelein, Illinois.

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Commercial Land in Itasca, IL
Commercial Land in Itasca, IL

100 S Walnut Street, Itasca, IL 60143

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0.17 AC lot

Commercial land available for sale in Itasca, Illinois.

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Signalized Intersection Commercial Land
Signalized Intersection Commercial Land

NEC Route 176 & Westridge Drive, Island Lake, IL 60042

$1,500,000
7.51 AC lot

Mostly level commercial land with water available at a signalized intersection.

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Off-Market Properties in Buffalo Grove, IL

Consider similar Off-Market properties in Buffalo Grove, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1151 Mchenry Rd
Restaurants

1151 Mchenry Rd, Buffalo Grove, IL 60089

Value Estimation by Request
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Townline Rd & Milwaukee Ave
Lifestyle centers

0 Townline Rd & Milwaukee Ave, Buffalo Grove, IL 60061

Value Estimation by Request
192,624 sqft
View details

Buffalo Grove, IL Restaurants Market Trends and Statistics

Explore 6 restaurants for sale in Buffalo Grove, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 36,217 square feet of properties for sale, with an estimated market value of $308,000.

Sale prices for restaurant properties in Buffalo Grove, IL start at $120,000, averaging $154,000, and reaching up to $188,000 — 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

Conventional restaurants 4
Drive through restaurants 1

Demographics Overview

Population 43K
Population Growth (5Y) +3.4%
Median Household Income $129,932
College Educated 95.8%

High-Yield Neighborhoods for Investment

Identify Buffalo Grove submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60089 $154K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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