Mundelein, IL Restaurants for Sale

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Long Grove, IL Libertyville, IL Vernon Hills, IL

Updated: Nov 27, 2024

Mundelein Mixed-Use Investment Opportunity

1116 Diamond Lake Rd, Mundelein, IL

$1,450,000

12,875 sqft · 0.38 AC lot

Fully Equipped Restaurant with Transferrable Gaming and Liquor License
Includes Leased Convenience Store and 2 Residential Units for Income
FF&E Included in Sale
Upside Potential for Increased Restaurant Sales
Off‑Street Parking and Storage Shed Included

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Updated: Mar 10, 2024

High-Traffic Commercial Property For Sale

799 E Us Highway 45 Highway, Mundelein, IL 60060

$750,000

3,503 sqft · 0.51 AC lot

High‑visibility location with significant daily traffic on Hwy. 45.
Prime .51‑acre lot suitable for redevelopment.
Existing 3,500 sq. ft. building adaptable for restaurant, retail, or service‑based concepts.
42 dedicated parking spaces.
Kitchen equipped with essential restaurant equipment (oven, stove, fryer, cooler, sink, prep station).

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Based on your search, we've compiled 30 Potential Opportunities for your consideration. Besides 2 Active listings in Mundelein, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 20 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.

Retail Center Restaurant and Stores

1742-1768 North Milwaukee Avenue, Libertyville, IL 60048

Contact for pricing

2003-built retail center offers contiguous storefront space and a second-generation restaurant suite with FF&E available.

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Mixed-Use Trophy Asset in Libertyville

545 North Milwaukee Avenue, Libertyville, IL 60048

$6,995,000

16,621 sqft

Premier mixed-use property in Libertyville's vibrant Downtown Core.

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Renovated Storefront Building on Highway

55 N Barron Blvd, Grayslake, IL 60030

$899,900

8,380 sqft

Two-unit storefront building with leases in place and parking.

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Grayslake Corner Location For Sale

102-106 Center St, Grayslake, IL 60030

$599,900

3,150 sqft

Prime corner location in downtown Grayslake with redevelopment potential.

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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.

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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Rand Road Development Opportunity

20420 N Rand Road, Deer Park, IL 60074

$2,500,000

1.94 AC lot

1.91 AC land with Rand Road frontage near retail.

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Palatine Land For Sale

20638 Lake Cook Road, Palatine, IL 60074

$512,000

3.20 AC lot

3.2 acre commercial land available in Palatine, Illinois.

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Island Lake Commercial Land Available

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

$1,500,000

7.51 AC lot

Highly visible 7.5 acre commercial land for sale.

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Off-Market Properties in Mundelein, IL

Consider similar Off-Market properties in Mundelein, 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.

RESTAURANT

665 Il Rte 83, Mundelein, IL 60060-4573

$655,000

Estimated value

4,080 sqft · 1.09 AC lot

View details

RESTAURANT

24 Hawley St, Mundelein, IL 60060

Value Estimation by Request

2,182 sqft · 0.22 AC lot

View details

RESTAURANT

300 Lk St, Mundelein, IL 60060-2208

Value Estimation by Request

900 sqft · 0.20 AC lot

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RESTAURANT

3046 Il Rte 60, Mundelein, IL 60060-4270

Value Estimation by Request

2,645 sqft · 0.80 AC lot

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RESTAURANT

1050 Il Rte 83, Mundelein, IL 60060-9164

Value Estimation by Request

1,970 sqft · 0.96 AC lot

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RESTAURANT

26228 Il Rte 83, Mundelein, IL 60060-3432

$650,000

Estimated value

8,974 sqft · 1.59 AC lot

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RESTAURANT

900 Il Rte 83, Mundelein, IL 60060-9158

Value Estimation by Request

2,467 sqft · 0.90 AC lot

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RESTAURANT

721 Midlothian Rd, Mundelein, IL 60060-2686

Value Estimation by Request

2,934 sqft · 0.99 AC lot

View details

BAR, TAVERN

26592 Il Rte 83, Mundelein, IL 60060-3477

Value Estimation by Request

3,526 sqft · 0.25 AC lot

View details

RESTAURANT

1186 Maple Ave, Mundelein, IL 60060-1438

Value Estimation by Request

2,792 sqft · 1.20 AC lot

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RESTAURANT

346 Lk St, Mundelein, IL 60060-2208

Value Estimation by Request

2,433 sqft · 0.19 AC lot

View details

Restaurants

1116-1122 Diamond Lk Rd, Mundelein, IL 60060

Value Estimation by Request

4,275 sqft · 1.05 AC lot

View details

Restaurants

999 Confidential, Mundelein, IL 60060

Value Estimation by Request

13,000 sqft · 2.67 AC lot

View details

Restaurants

440 Hawley St, Mundelein, IL 60060

Value Estimation by Request

29,000 sqft

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Restaurants

799 Us-45, Mundelein, IL 60060

Value Estimation by Request

3,503 sqft · 0.51 AC lot

View details

Restaurants

119 Gilmer Rd, Mundelein, IL 60047

Value Estimation by Request

5,525 sqft

View details

Restaurants

710-738 Butterfield, Mundelein, IL 60060

Value Estimation by Request

3.46 AC lot

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BAR, TAVERN

604 Lk St, Mundelein, IL 60060-1829

Value Estimation by Request

1,990 sqft · 0.18 AC lot

View details

RESTAURANT

460 Lk St, Mundelein, IL 60060-1825

Value Estimation by Request

551 sqft · 0.09 AC lot

View details

RESTAURANT

1021 Il Rte 83, Mundelein, IL 60060-9164

Value Estimation by Request

6,240 sqft · 0.59 AC lot

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Mundelein, IL Restaurants Market Trends and Statistics

Explore 22 restaurants for sale in Mundelein, IL on our real estate platform. These investment opportunities span a total of 16,378 square feet of properties for sale, with an estimated market value of $2,200,000.

Sale prices for restaurant properties in Mundelein, IL start at $750,000, averaging $1,100,000, and reaching up to $1,450,000 — 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

Demographics Overview

Population 37K

Population Growth (5Y) -0.2%

Median Household Income $110,463

College Educated 58.2%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
60060	$750K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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Mundelein, IL Restaurants for Sale

1116 Diamond Lake Rd, Mundelein, IL

799 E Us Highway 45 Highway, Mundelein, IL 60060

Opportunities in Nearby Cities

1742-1768 North Milwaukee Avenue, Libertyville, IL 60048

545 North Milwaukee Avenue, Libertyville, IL 60048

55 N Barron Blvd, Grayslake, IL 60030

102-106 Center St, Grayslake, IL 60030

Potential Development Sites for Consideration

331 Plaza Circle lot: 4, Mundelein, IL 60060

20420 N Rand Road, Deer Park, IL 60074

20638 Lake Cook Road, Palatine, IL 60074

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

Off-Market Properties in Mundelein, IL

665 Il Rte 83, Mundelein, IL 60060-4573

24 Hawley St, Mundelein, IL 60060

300 Lk St, Mundelein, IL 60060-2208

3046 Il Rte 60, Mundelein, IL 60060-4270

1050 Il Rte 83, Mundelein, IL 60060-9164

26228 Il Rte 83, Mundelein, IL 60060-3432

900 Il Rte 83, Mundelein, IL 60060-9158

721 Midlothian Rd, Mundelein, IL 60060-2686

26592 Il Rte 83, Mundelein, IL 60060-3477

1186 Maple Ave, Mundelein, IL 60060-1438

346 Lk St, Mundelein, IL 60060-2208

1116-1122 Diamond Lk Rd, Mundelein, IL 60060

999 Confidential, Mundelein, IL 60060

440 Hawley St, Mundelein, IL 60060

799 Us-45, Mundelein, IL 60060

119 Gilmer Rd, Mundelein, IL 60047

710-738 Butterfield, Mundelein, IL 60060

604 Lk St, Mundelein, IL 60060-1829

460 Lk St, Mundelein, IL 60060-1825

1021 Il Rte 83, Mundelein, IL 60060-9164

Mundelein, IL Restaurants Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

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