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550 S Milwaukee Avenue

Wheeling, IL 60090
  • $1,849,000
  • STATUS: Active
  • ON SITE: 218 Days
  • MLS #: 11910086
$1,849,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
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Business Opportunity
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Area:

School Ratings & Info

Description

USE FOR A RESTAURANT OR REDEVELOP TO SUIT YOUR NEEDS! Prime location located in Wheeling's Restaurant Row. Fantastic traffic counts, approximately 7300 square feet with custom-built high-quality finishes and situated on 2.43 acres. With a large main dining area, full-service bar, main and prep kitchen plus 3 private party rooms, 3 walk-in coolers-this property checks it all for a high-quality restaurant location with fantastic traffic count exposure, being located on Milwaukee Ave. Combined with an al fresco patio and 111 parking spaces, you won't find a better opportunity in Wheeling. This property can be a redevelopment site and can be joined with another 2.4-acre site next door that is available for sale too.

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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 Leila Keene | Baird & Warner. Based on information submitted to the MRED as of 2024-05-21T23:57:45.93 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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550 S Milwaukee Avenue Wheeling, IL 60090

  • Price: $1,849,000
  • Status: Active
  • On Site: 218 Days
  • MLS #: 11910086
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Wheeling
County:
Cook
Area:
Wheeling
Property Description
USE FOR A RESTAURANT OR REDEVELOP TO SUIT YOUR NEEDS! Prime location located in Wheeling's Restaurant Row. Fantastic traffic counts, approximately 7300 square feet with custom-built high-quality finishes and situated on 2.43 acres. With a large main dining area, full-service bar, main and prep kitchen plus 3 private party rooms, 3 walk-in coolers-this property checks it all for a high-quality restaurant location with fantastic traffic count exposure, being located on Milwaukee Ave. Combined with an al fresco patio and 111 parking spaces, you won't find a better opportunity in Wheeling. This property can be a redevelopment site and can be joined with another 2.4-acre site next door that is available for sale too.
Exterior Features

Frontage Type State Road Lot Size 2.0-2.99 Acres Outdoor Parking Over 100 Spaces Roof Membrane Waterfront YN No

Interior Features

Cooling Central Air Heat Ventilation Central Bldg HeatForced AirGas Miscellaneous Inside Accessible EntranceAccessible Washroom/sPrivate Restroom/sPublic Restroom/s

Property Features

Additional Parcels YN No Adjusted Net Income 0 Adjusted Net Income Year 2023 Annual Rent For Real Estate 0 Building Area Total 7280 Business Age 11+ Years Business Type Food & BeverageDistributionGroceryRestaurantRetailOther Current Use Commercial Electric Over 600 AmpsThree Phase Gross Profit Year 2023 Gross Sales Annual 0 Gross Sales Annual Year 2023 Location Central Business DistrictCorner Mls Actual Status Active Operating Expense 0 Property Offered For Sale Only Real Estate Included Yes Sale Price Includes LandBuilding Tax Annual Amount 157000 Tax Year 2021 Tenant Pays Other Type Bus / Bus w/Real Est Type Of Lease None Utilities Electric to SiteGas to SiteSanitary SewerWater-Municipal Zoning COMMR

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Dream Town Real Estate: 312-242-1000.


© 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 Leila Keene | Baird & Warner. Based on information submitted to the MRED as of 2024-05-21T23:57:45.93 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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