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    Wheeling, IL Restaurants for Sale

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    Iconic Restaurant Row Opportunity, Wheeling
    $799,900
    0.73 Acres

    Iconic Restaurant Row Opportunity, Wheeling

    260 S Milwaukee Ave, Wheeling, IL 60090

    Profitable restaurant and real estate on Wheeling's 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: Nov 21, 2025
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    Wheeling Restaurant & Gaming Opportunity
    $2,595,000
    10,761 SF

    Wheeling Restaurant & Gaming Opportunity

    241 Milwaukee Ave, Wheeling, IL 60090

    Turnkey restaurant, bar, & apartment. High traffic location.

    • Turnkey operation with established business.
    • Annual gaming revenue approaching $100,000.
    • Supplemental income from on‑site apartment rental.
    • Approx. 2‑acre lot provides ample space.
    • High redevelopment potential or ideal for new business ventures.
    Updated: Dec 11, 2024
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    Based on your search, we've compiled 9 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

    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 Ave, 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
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    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 60089
    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 60015
    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 31,799 square feet of properties for sale, with an estimated market value of $799,900.

    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 have the most current data.

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