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    Wheeling, IL Restaurants for Sale

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    Iconic Restaurant & Real Estate Opportunity
    $799,900
    0.73 Acres

    Iconic Restaurant & Real Estate Opportunity

    260 S Milwaukee Avenue, Wheeling, IL 60090

    Profitable restaurant and prime real estate on Restaurant Row.

    • Profitable Landmark Business: Established bakery & deli (Chicago Bagel & Bialy) with over 43 years of operation and over $1 million in gross sales in 2024.
    • Prime Real Estate: Located on Wheeling's Restaurant Row with high traffic and excellent visibility.
    • Fully Equipped Restaurant: State‑of‑the‑art kitchen with Middleby Marshall rotating oven, walk‑in coolers/freezer, and all necessary fixtures for immediate operation.
    • Spacious and Versatile: 3255 sq. ft. building on a 32,000 sq. ft. lot with indoor and outdoor dining, 30 parking spaces, and potential for drive‑thru addition.
    • Expansion Opportunities: Potential to acquire an adjacent 1/4‑acre parcel from the Village of Wheeling for further growth.
    Updated: Oct 28, 2025
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    High Traffic Restaurant with Gaming
    $2,199,000
    12,000 SF

    High Traffic Restaurant with Gaming

    241 S Milwaukee Avenue, Wheeling, IL 60090

    Restaurant with gaming in high-traffic location for sale.

    • High traffic location
    • Restaurant
    • Includes Gaming
    Updated: Jan 28
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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 Active listings in Wheeling, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

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

    Fully Equipped Restaurant on Milwaukee Avenue
    $300,000

    Fully Equipped Restaurant on Milwaukee Avenue

    Turn-key Korean BBQ restaurant with high visibility and accessibility.

    1121 Milwaukee Avenue, Deerfield, IL 60015
    View details
    Lazy Dog Ground Lease Opportunity
    Contact for pricing

    Lazy Dog Ground Lease Opportunity

    20-year absolute net ground lease with rental increases.

    51 Mchenry Rd, Buffalo Grove, IL 60089
    View details
    Turnkey Restaurant Business For Sale
    $159,900
    12,000 SF

    Turnkey Restaurant Business For Sale

    Well-established restaurant business with consistent revenue in prime location.

    1000-1034 Weiland Rd, Buffalo Grove, IL
    View details
    Restaurant Building Near Metra Station
    Contact for pricing
    4,586 SF

    Restaurant Building Near Metra Station

    4,586 SF restaurant building with drive-thru near Metra station.

    663 Lake Cook Rd, Deerfield, IL
    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.

    Highland Park Mixed-Use Development Site
    $1,600,000
    0.83 Acres

    Highland Park Mixed-Use Development Site

    36,438 SF mixed-use development site near downtown Highwood, IL.

    417-429 Temple Avenue, Highland Park, IL 60035
    View details
    Mixed-Use Development Site Opportunity
    $1,600,000
    0.84 Acres

    Mixed-Use Development Site Opportunity

    36,438 SF mixed-use development site near downtown Highwood, IL.

    417-429 Temple Avenue, Highland Park, IL 60035
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    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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    Commercial Land in Itasca, IL
    Contact for pricing
    0.17 Acres

    Commercial Land in Itasca, IL

    Commercial land available for sale in Itasca, Illinois.

    100 S Walnut Street, Itasca, IL 60143
    View details

    Explore Off-Market Properties in Wheeling, IL

    Consider similar Off-Market properties in Wheeling, 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.

    82 Dundee Rd

    82 Dundee Rd

    Restaurants • 16,000 SF
    Value Estimation by Request
    82 Dundee Rd, Wheeling, IL 60090
    View details
    375 Dundee Rd

    375 Dundee Rd

    Lifestyle centers
    Value Estimation by Request
    375 Dundee Rd, Wheeling, IL 60090
    View details
    10 Milwaukee Ave

    10 Milwaukee Ave

    Restaurants
    Value Estimation by Request
    10 Milwaukee Ave, Wheeling, IL 60090
    View details

    Wheeling, IL Restaurants Investment Opportunities Market Analysis

    Explore 5 restaurants for sale in Wheeling, IL on our real estate platform. These investment opportunities span a total of 31,999 square feet of properties for sale, with an estimated market value of $799,900.

    Sale prices for restaurant properties in Wheeling, IL start at $799,900, averaging $799,900, and reaching up to $799,900 — 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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