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700 N Milwaukee Ave
Wheeling, IL 60090 Des Plaines/Arlington Hts Corridor

$3,595,000 USD

Restaurant For Sale  •  11,906 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 11,906 SF
  • Lot Size 2.81 AC
  • Building Class B
  • Year Built 2003
  • Tenancy Single
  • Zoning C1-3
29 Transit Score
47 Walk Score

Highlights

PRIME SUBURBAN LOCATION - The Property is near Wolf Road & Lake Cook Road, two major suburban thoroughfares.
FOOD HALL SEATING 160+ & OUTDOOR DECK SEATING 100 - Perfect for an owner/user looking to test pop-up restaurant concepts in a new market.
TURNKEY BREWERY - Ideal for owner/users who brew their own beers and want to expand in the suburbs.
LARGE LAND FOOTPRINT - The Property’s footprint is a total of 2.81 acres / 121,404 SF, well suited for expansion or redevelopment.
COUNTY TAX INCENTIVE - Under the Class 7A Incentive, the Property is taxed at 10% (instead of the standard 25%) for 5 years with an option to extend.
NEAR LODGING & RESIDENCES - The Property sits near The Westin Chicago North Shore and Prairie Park Condos, guaranteeing foot traffic.

Amenities

  • Pylon Sign

Public Transportation

Commuter RailDriveWalkDistance
Wheeling Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min - 1.7 mi
Buffalo Grove Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 5 min - 2.6 mi
AirportDriveWalkDistance
Chicago O'Hare International 22 min - 15.1 mi
Chicago Midway International 49 min - 28.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 126
Type: Surface
Included in Rent: Yes
Dominic Soltero 312-334-7242 CBRE
Dominic Soltero 312-334-7242 CBRE