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241 S Milwaukee Avenue

Wheeling, IL 60090
  • $2,895,000
  • STATUS: Active
  • ON SITE: 124 Days
  • MLS #: 11966502
UPDATED: 142 min ago
$2,895,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:
Area:

School Ratings & Info

Description

Excellent restaurant with 2nd floor apartment for extra income, this is a turn key opportunity on the highly trafficked Restaurant Row on Milwaukee Ave in Wheeling IL. Expansive Full-service restaurant, Separate bar, with gaming and party room on ground level. Huge 3-bedroom apartment on 2nd level already rented out. Basement has another party room, dance floor, bar, 4 walk ins, storage, and bathrooms. Gaming Income is near $100,000 annually. All FF&E included in sale of real estate. Name is not included.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2024-05-28T23:58:09.427 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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241 S Milwaukee Avenue Wheeling, IL 60090

  • Price: $2,895,000
  • Status: Active
  • On Site: 124 Days
  • Updated: 142 min ago
  • MLS #: 11966502
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Wheeling
County:
Cook
Area:
Wheeling
Property Description
Excellent restaurant with 2nd floor apartment for extra income, this is a turn key opportunity on the highly trafficked Restaurant Row on Milwaukee Ave in Wheeling IL. Expansive Full-service restaurant, Separate bar, with gaming and party room on ground level. Huge 3-bedroom apartment on 2nd level already rented out. Basement has another party room, dance floor, bar, 4 walk ins, storage, and bathrooms. Gaming Income is near $100,000 annually. All FF&E included in sale of real estate. Name is not included.
Exterior Features

Frontage Type Public Road Lot Size Less Than .25 Acre Outdoor Parking Over 100 Spaces

Interior Features

Cooling Central AirCentral Individual Heat Ventilation Central Heat/Indiv ControlsForced Air Miscellaneous Inside Accessible Entrance

Property Features

Additional Parcels YN Yes Adjusted Net Income 0 Adjusted Net Income Year 2022 Annual Rent For Real Estate 0 Building Area Total 12000 Business Age 7-10 Years Business Type Restaurant Electric Three Phase Gross Profit Year 2022 Gross Sales Annual 0 Gross Sales Annual Year 2022 Location Central Business DistrictFree Standing/Urban Mls Actual Status Active Operating Expense 0 Property Offered For Sale Only Real Estate Included Yes Sale Price Includes Land Tax Annual Amount 24149 Tax Year 2022 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatJanitorial ServiceOperating StopsTaxesInsuranceRepairsScavengerTax Stops Type Bus / Bus w/Real Est Type Of Lease Purchase Option Zoning COMMR

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Berkshire Hathaway HomeServices Chicago: 847-510-5000.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2024-05-28T23:58:09.427 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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