Prospect Heights, IL Restaurants for sale

Updated: Oct 28, 2025

Freestanding Bakery and Deli

260 S Milwaukee Avenue, Wheeling, IL 60090

$799,900

0.73 AC lot

3,255‑square‑foot freestanding building on a 32,000‑square‑foot parcel
30‑pan Middleby Marshall rotating oven with six shelves
Two walk‑in coolers, a walk‑in freezer, prep areas, and refrigeration equipment
Indoor seating for 40+ guests plus outdoor seating for an additional 40+
30 parking spaces and a two‑car attached garage

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Updated: Aug 25

Freestanding Restaurant with Outdoor Seating

260 S Milwaukee Avenue, Wheeling, IL 60090

$799,900

3,255 sqft 0.73 AC lot

32,000 sq. ft. parcel with a 3255 sq. ft. freestanding restaurant building
Commercial kitchen includes a 30‑pan Middleby Marshall rotating oven with six shelves
Indoor dining for 40+ guests plus outdoor seating for an additional 40+ clients
30 parking spaces, two‑car attached garage, office, storage, and three restrooms
Two walk‑in coolers, a walk‑in freezer, prep areas, display cases, and refrigeration units

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Sports Bar and Dance Venue

698 North Milwaukee Avenue, Prospect Heights, IL 60070

$1,500,000

Established sports bar/dance venue with 365 seats, including 50-seat patio, and 4AM daily liquor license.

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See what stands out in Cook County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Restaurant with Private Party Rooms

550 S Milwaukee Ave, Wheeling, IL 60090

Contact for pricing

7,200 sqft 2.43 AC lot

Full-service layout includes a bar, two kitchens, private rooms, and an outdoor patio.

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McDonald’s Drive-Through Restaurant

1200 S Milwaukee Ave, Wheeling, IL 60090

Contact for pricing

Corporate ground lease with 15.6 years remaining and rent increases scheduled at five-year intervals.

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 Active listings in Prospect Heights, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Freestanding Restaurant with Drive-Through

720 E Rand Rd, Mount Prospect, IL 60056

$1,350,000

2,533 sqft 0.54 AC lot

Fully equipped freestanding restaurant with commercial kitchen infrastructure, parking, and direct drive-through access from Rand Road.

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Freestanding Drive-Through Restaurant

720 E Rand Road, Mount Prospect, IL 60056

$1,350,000

0.54 AC lot

Fully equipped restaurant facility with commercial kitchen infrastructure, parking, and direct access from Rand Road.

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Turn-Key Restaurant with Drive-Thru

20 W Golf Rd, Des Plaines, IL

Contact for pricing

2,800 sqft 0.52 AC lot

2,800 SF turn-key restaurant with drive-thru and ample parking.

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Tavern Property with Equipment

1460 Rand Rd, Des Plaines, IL 60016

Contact for pricing

Established tavern business offered with the underlying real estate and updated equipment.

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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

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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Commercial Land in Itasca, IL

100 S Walnut Street, Itasca, IL 60143

Contact for pricing

0.17 AC lot

Commercial land available for sale in Itasca, Illinois.

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Addison Land For Sale

133 E Lake Street, Addison, IL 60101

$999,999

0.89 AC lot

Located in the heart of Addison, zoned B2.

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Melrose Park Land For Sale

2305 N Mannheim Road, Melrose Park, IL 60164

$1,099,000

Commercial land available in Melrose Park, Illinois.

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Prospect Heights, IL Restaurants Market Trends and Statistics

Explore 5 restaurants for sale in Prospect Heights, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 10,455 square feet of properties for sale, with an estimated market value of $3,099,800.

Sale prices for restaurant properties in Prospect Heights, IL start at $799,900, averaging $1,033,266, and reaching up to $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
60070	$1.5M

Neighborhood

Average Price

60070

$1.5M