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890 E US Highway 45
Mundelein, IL 60060

$2,700,000 USD

Freestanding For Sale  •  13,000 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 13,000 SF
  • Lot Size 2.13 AC
  • Building Class C
  • Year Built 1975
  • Tenancy Single
  • Zoning C-2
0 Transit Score
42 Walk Score

Description

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.

Highlights

High-traffic corridor on US Highway 45, ensuring excellent visibility.
Easy access to major roads, including IL-60 and IL-83, connecting to Lake County hubs.

Amenities

  • Pylon Sign
  • Restaurant
  • Security System
  • Signage
  • Storage Space
  • Air Conditioning
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Vernon Hills Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min - 2.1 mi
Mundelein Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 6 min - 2.9 mi
AirportDriveWalkDistance
Chicago O'Hare International 34 min - 24.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 153
Type: Surface
Included in Rent: Yes
Vickie Soupos 630-965-6000 COLOVOS | SOUPOS Group
Vickie Soupos 630-965-6000 COLOVOS | SOUPOS Group