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    Wheeling, IL
    Sports & Entertainment

    Wheeling, IL Sports & Entertainment Properties for Sale

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    Sports Bar and Dance Venue
    Updated: Jun 25
    Sports Bar and Dance Venue

    698 North Milwaukee Avenue, Prospect Heights, IL 60070

    $1,500,000
    Established 1991 sports bar and dance venue with 365 total seats, including a 50‑seat patio (14% outdoor seating).
    4AM daily liquor license with 20‑hour license; licensed hours maximize late‑night operations and allow earlier opening for additional gaming revenue.
    2024 performance includes $1.5M gross sales and $300,000+ Seller’s Discretionary Earnings (20% SDE margin).
    Gaming revenue provides supplemental income, with $127,243 take‑home (2024) and video gaming as a secondary revenue stream.
    Modelo account is reported as the largest in Illinois (state‑leading position).
    View details
    Movie Theater with In-Seat Dining
    Updated: Jun 17
    Movie Theater with In-Seat Dining

    401 W Dundee Rd, Wheeling, IL 60090

    Contact for pricing
    40,000 sqft
    Built in 2020: 40,000+ SF Cinergy Dine‑In Cinemas venue
    Seven‑screen theater with 626 luxury recliner seats
    In‑seat dining plus full‑service bar and lounge amenities
    Diversified revenue streams: food & beverage, concessions, gaming, private events, and specialty programming
    Located in Wheeling Town Center, a $110 million mixed‑use development in downtown Wheeling
    View details
    See hot listings in Wheeling

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 Active listings in Wheeling, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 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.

    Renovated Two-Unit Storefront Property
    Renovated Two-Unit Storefront Property

    7361 North Avenue, River Forest, IL 60305

    $600,000
    3,200 sqft 0.14 AC lot

    Single-story commercial building with two adjoining leased storefronts and on-site parking.

    View details
    Renovated Storefront Property
    Renovated Storefront Property

    7361 North Avenue, River Forest, IL 60305

    $600,000
    0.14 AC lot

    Two adjoining spaces are leased to a chiropractor and fitness studio.

    View details
    Indoor Sports & Social Facility
    Indoor Sports & Social Facility

    2367 West Logan Boulevard, Chicago, IL 60647

    Contact for pricing
    51,777 sqft

    Year-round indoor multi-sport beach concept offered with a newly commenced net lease and an on-site electronic billboard option.

    View details
    Theater with Residential Income Units
    Theater with Residential Income Units

    3014 W Irving Park Rd, Chicago, IL 60618

    $1,099,000
    7,267 sqft

    Mixed-use property featuring a theater and two renovated apartments.

    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.

    Triangular Corner Commercial Land
    Triangular Corner Commercial Land

    Huntley Road lot: 009, Carpentersville, IL 60110

    $550,000
    2.41 AC lot

    Raw commercial parcel positioned near the Randall Road corridor and across from an elementary school.

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    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    6850 Huntley Road, Carpentersville, IL 60110

    $550,000
    2.38 AC lot

    Commercial parcel with existing curb-cut access near the Randall Road corridor and surrounding retail activity.

    View details

    Wheeling, IL Sports & Entertainment Properties Market Trends and Statistics

    Explore 2 sports & entertainment properties for sale in Wheeling, IL on our real estate platform. These investment opportunities span a total of 40,000 square feet of properties for sale, with an estimated market value of $1,500,000.

    Sale prices for sports & entertainment properties in Wheeling, IL average $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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Night clubs 1
    Theaters & concert halls 1

    Demographics Overview

    Population 38K
    Population Growth (5Y) -0.4%
    Median Household Income $83,449
    College Educated 54.0%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Wheeling fall within the 25,000 to 50,000 square foot range.

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    Most Searched ZIP Codes in Wheeling, IL

    • 60070
    • 60090

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