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260 S Milwaukee Avenue

Wheeling, IL 60090
  • $875,000
  • STATUS: Active
  • ON SITE: 912 Days
  • MLS #: 11472414
UPDATED: 14 min ago
$875,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:
Area:

School Ratings & Info

Description

Unbelievable rare business and investment opportunity on the RESTAURNT STREET at the heart of thriving community of Wheeling: Milwaukee Avenue! With over 30,000 cars passing by each day, and surrounded by many successful businesses, Chicago Bagel and Bialy is ready to welcome its new owner after 35 years of profitable business! Located on 3/4 acre land with 30 parking spots, over 3500 Sq Ft indoor space, this restaurant is equipped for carryout, catering, dining in and outdoor seating. It has plenty of land to add a potential drive-through. Fully equipped kitchen includes 30 pan Middleby Rotating Oven with 6 shelves, 2 walk-in coolers and one walk-in freezer. Property includes retail fixtures, display, retail cases, seating for 40 people, storage room, office, 3 bathrooms and attached 2-car garage. This perfectly located facility and location could also be converted to retail business, wholesale, mixed use, and much more!! When combined with the proximity to traffic generators like the Fresh Farms Int'l Market, Super Dawg, and Walgreens, the opportunity for consistent revenue is easily showcased. Adjacent 1/4 acre vacant land is owned by Village of Wheeling who could be contacted for further discussion. Restaurant owners and business owners, this well-maintained property and incredible location won't stay long on the market before it's gone. Come see it today!!

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© 2025 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 Keller Williams Realty. Based on information submitted to the MRED as of 2025-01-20T19:59:57.453 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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260 S Milwaukee Avenue Wheeling, IL 60090

  • Price: $875,000
  • Status: Active
  • On Site: 912 Days
  • Updated: 14 min ago
  • MLS #: 11472414
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Unbelievable rare business and investment opportunity on the RESTAURNT STREET at the heart of thriving community of Wheeling: Milwaukee Avenue! With over 30,000 cars passing by each day, and surrounded by many successful businesses, Chicago Bagel and Bialy is ready to welcome its new owner after 35 years of profitable business! Located on 3/4 acre land with 30 parking spots, over 3500 Sq Ft indoor space, this restaurant is equipped for carryout, catering, dining in and outdoor seating. It has plenty of land to add a potential drive-through. Fully equipped kitchen includes 30 pan Middleby Rotating Oven with 6 shelves, 2 walk-in coolers and one walk-in freezer. Property includes retail fixtures, display, retail cases, seating for 40 people, storage room, office, 3 bathrooms and attached 2-car garage. This perfectly located facility and location could also be converted to retail business, wholesale, mixed use, and much more!! When combined with the proximity to traffic generators like the Fresh Farms Int'l Market, Super Dawg, and Walgreens, the opportunity for consistent revenue is easily showcased. Adjacent 1/4 acre vacant land is owned by Village of Wheeling who could be contacted for further discussion. Restaurant owners and business owners, this well-maintained property and incredible location won't stay long on the market before it's gone. Come see it today!!
Exterior Features

Frontage Type Public RoadState Road Land Amenities Lighting/Exterior Lot Size .50-.99 Acre Outdoor Parking 19-30 Spaces Roof Membrane Waterfront YN No

Interior Features

Cooling Central Air Heat Ventilation Central Heat/Indiv Controls Miscellaneous Inside Overhead Door/sPublic Restroom/sStorage InsideOther

Property Features

Additional Parcels YN Yes Adjusted Net Income 0 Adjusted Net Income Year 2020 Annual Rent For Real Estate 0 Building Area Total 3500 Business Age 11+ Years Business Type Restaurant Corporate Limits Wheeling Current Use Other Gross Profit Year 2020 Gross Sales Annual 706033 Gross Sales Annual Year 2020 Location Free Standing/Urban Mls Actual Status Active Operating Expense 0 Ownership Type Corporation Ownership Types Corporation Possible Use CommercialCondominiumOffice and ResearchDevelopmentRecreationalRetailSpecial UseOther Property Offered For Sale Only Real Estate Included Yes Rental Price 27.34 Sale Price Includes LandBuildingBusinessEquipmentTrade FixturesInventoryPhone NumberBusiness Name Tax Annual Amount 43254 Tax Year 2020 Tenant Pays Other Type Bus / Bus w/Real Est Type Of Lease None Utilities Gas to Site Zoning COMMR

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Realty: 847-724-5800.


© 2025 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 Keller Williams Realty. Based on information submitted to the MRED as of 2025-01-20T19:59:57.453 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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