Mundelein, IL
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    Mundelein, IL Restaurants for Sale

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    Vernon Hills, IL Libertyville, IL Kildeer, IL
    Mundelein Mixed-Use Investment Opportunity
    $1,450,000
    12,875 SF

    Mundelein Mixed-Use Investment Opportunity

    1116 Diamond Lake Rd, Mundelein, IL

    Fully equipped restaurant, convenience store, and residential units for sale.

    • 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
    Updated: Nov 27, 2024
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    High-Traffic Commercial Property For Sale
    $750,000
    3,503 SF

    High-Traffic Commercial Property For Sale

    799 E Us Highway 45 Highway, Mundelein, IL 60060

    3,500 sq ft commercial property in high-traffic area.

    • 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).
    Updated: Mar 10, 2024
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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.

    Prime Corner Location in Grayslake
    $629,900
    3,150 SF

    Prime Corner Location in Grayslake

    Thriving downtown location with redevelopment potential and private parking.

    102-106 Center Street, Grayslake, IL 60030
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    Restaurant and Bar For Sale
    Contact for pricing
    7,000 SF

    Restaurant and Bar For Sale

    Restaurant and bar with high visibility and outdoor patio.

    26400 North Rand Road, Wauconda, IL 60084
    View details
    Restaurant and Bar For Sale
    Contact for pricing
    7,000 SF

    Restaurant and Bar For Sale

    Restaurant and bar with high visibility and outdoor patio.

    26400 North Rand Road, Wauconda, IL 60084
    View details
    Grayslake Corner Location For Sale
    $599,900
    3,150 SF

    Grayslake Corner Location For Sale

    Prime corner location in downtown Grayslake with redevelopment potential.

    102-106 Center St, Grayslake, IL 60030
    View details

    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.

    Palatine Land For Sale
    $514,000
    3.20 Acres

    Palatine Land For Sale

    3.2 acre commercial land available in Palatine, Illinois.

    20638 Lake Cook Road, Palatine, IL 60074
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    Island Lake Commercial Land Available
    $1,500,000
    7.51 Acres

    Island Lake Commercial Land Available

    Highly visible 7.5 acre commercial land for sale.

    NEC Route 176 & Westridge Drive, Island Lake, IL 60042
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    Commercial Land in High-Traffic Area
    $49,900
    0.17 Acres

    Commercial Land in High-Traffic Area

    Commercial land with high visibility and seller financing options.

    502 Belvidere Road, Waukegan, IL 60085
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    Waukegan Land Development Opportunity
    $559,000
    1.49 Acres

    Waukegan Land Development Opportunity

    Prime vacant land for commercial development in Waukegan, Illinois.

    1213 Grand Avenue, Waukegan, IL 60085
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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.

    665 Il Rte 83

    665 Il Rte 83

    RESTAURANT • 4,080 SF
    Value Estimation
    $655,000
    665 Il Rte 83, Mundelein, IL 60060-4573
    View details
    24 Hawley St

    24 Hawley St

    RESTAURANT • 2,182 SF
    Value Estimation by Request
    24 Hawley St, Mundelein, IL 60060
    View details
    300 Lk St

    300 Lk St

    RESTAURANT • 900 SF
    Value Estimation by Request
    300 Lk St, Mundelein, IL 60060-2208
    View details
    3046 Il Rte 60

    3046 Il Rte 60

    RESTAURANT • 2,645 SF
    Value Estimation by Request
    3046 Il Rte 60, Mundelein, IL 60060-4270
    View details
    1050 Il Rte 83

    1050 Il Rte 83

    RESTAURANT • 1,970 SF
    Value Estimation by Request
    1050 Il Rte 83, Mundelein, IL 60060-9164
    View details
    26228 Il Rte 83

    26228 Il Rte 83

    RESTAURANT • 8,974 SF
    Value Estimation
    $650,000
    26228 Il Rte 83, Mundelein, IL 60060-3432
    View details
    900 Il Rte 83

    900 Il Rte 83

    RESTAURANT • 2,467 SF
    Value Estimation by Request
    900 Il Rte 83, Mundelein, IL 60060-9158
    View details
    721 Midlothian Rd

    721 Midlothian Rd

    RESTAURANT • 2,934 SF
    Value Estimation by Request
    721 Midlothian Rd, Mundelein, IL 60060-2686
    View details
    26592 Il Rte 83

    26592 Il Rte 83

    BAR, TAVERN • 3,526 SF
    Value Estimation by Request
    26592 Il Rte 83, Mundelein, IL 60060-3477
    View details
    1186 Maple Ave

    1186 Maple Ave

    RESTAURANT • 2,792 SF
    Value Estimation by Request
    1186 Maple Ave, Mundelein, IL 60060-1438
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    346 Lk St

    346 Lk St

    RESTAURANT • 2,433 SF
    Value Estimation by Request
    346 Lk St, Mundelein, IL 60060-2208
    View details
    1116-1122 Diamond Lk Rd

    1116-1122 Diamond Lk Rd

    Restaurants • 4,275 SF
    Value Estimation by Request
    1116-1122 Diamond Lk Rd, Mundelein, IL 60060
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    999 Confidential

    999 Confidential

    Restaurants • 13,000 SF
    Value Estimation by Request
    999 Confidential, Mundelein, IL 60060
    View details
    440 Hawley St

    440 Hawley St

    Restaurants • 29,000 SF
    Value Estimation by Request
    440 Hawley St, Mundelein, IL 60060
    View details
    799 Us-45

    799 Us-45

    Restaurants • 3,503 SF
    Value Estimation by Request
    799 Us-45, Mundelein, IL 60060
    View details
    119 Gilmer Rd

    119 Gilmer Rd

    Restaurants • 5,525 SF
    Value Estimation by Request
    119 Gilmer Rd, Mundelein, IL 60047
    View details
    710-738 Butterfield

    710-738 Butterfield

    Restaurants • 3.46 Acres
    Value Estimation by Request
    710-738 Butterfield, Mundelein, IL 60060
    View details
    604 Lk St

    604 Lk St

    BAR, TAVERN • 1,990 SF
    Value Estimation by Request
    604 Lk St, Mundelein, IL 60060-1829
    View details
    460 Lk St

    460 Lk St

    RESTAURANT • 551 SF
    Value Estimation by Request
    460 Lk St, Mundelein, IL 60060-1825
    View details
    1021 Il Rte 83

    1021 Il Rte 83

    RESTAURANT • 6,240 SF
    Value Estimation by Request
    1021 Il Rte 83, Mundelein, IL 60060-9164
    View details

    Mundelein, IL Restaurants Investment Opportunities Market Analysis

    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

    Conventional restaurants 2
    Drive through restaurants 2

    Demographics Overview

    Population 37K
    Population Growth (5Y) -0.2%
    Median Household Income $110,463
    College Educated 58.2%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    60060 $750K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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