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890 Us-45 Mundelein, IL 60060

$2,700,000
Active / MLS# 12355964 / Commercial - Investment / Mundelein
0 Beds
13000 SqFt

This opportunity to purchase a successful restaurant business along with its prime real estate is truly exceptional. Here's a breakdown of what makes it a great investment: *** Established Brand Reputation *** 45+ Years in Business: The restaurant has been operating successfully for over 45 years, earning a reputation for great food and a loyal customer base. *** Turnkey Operation *** Fully Equipped: The sale includes all FFE (Furniture, trade fixtures, equipment), inventory, recipes, and the established brand name. Immediate Profit: With its existing operations, the restaurant is already generating profit. *** Growth Potential *** Expand Hours: Currently, the restaurant is closed on Mondays and closes at 9:00 pm during the week, 11:00 pm on Friday and Saturday, and 8:00 pm on Sundays. There's potential to extend these hours. 3 pm Liquor License: The liquor license allows sales from 3 pm onwards, offering potential for increased revenue. Gaming Machines: The new owner can implement gaming machines to generate additional income, as they are permitted. Bar area: Live entertainment, huge open bar with seating for 30 and stage area. *** Real Estate *** Prime Location: The property spans approximately 2 acres. Large Space: The restaurant itself is 13,000 square feet with seating for 350 patrons. Private Dining: It includes a separate dining room for private parties. Ample Parking: With 172 parking spaces, parking is never an issue. *** Summary *** This is an outstanding opportunity to acquire a successful and profitable restaurant business along with its prime real estate. With a long-standing reputation, existing loyal customer base, and numerous growth opportunities, this turnkey operation is well-maintained and ready for a new owner to continue its success.

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Baird & Warner Jeffrey Schwartz Email

Property Details

Property Type: Commercial - Investment
Cooling: Central Air
Lot Size: 2.67 Acres
Stories: 1.0
Taxes: $55,360

Feature Descriptions

Drains: Tenant Signage
Frontage Type: City Street, Public Road, State Road, US Highway, Paved
HVAC: Forced Air, Gas
Location: Free Standing/Urban
Lot Dimensions: 116305
Miscellaneous Indoor: Accessible Washroom/s
Miscellaneous Outdoor: Tenant Signage
Parcel#: 15062000230000
Parking: Over 100 Spaces, Open, Paved, Private Lot
Potential Use: Commercial
Tenant Pays: Electricity, Heat

Location

See details and scored characteristics about this location.

Listing Office: Fulton Grace Realty

Listing Office Phone: 847-352-5200



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