Price Reduction
Address
241 S Milwaukee Avenue, Wheeling, IL
Price
$ 2,895,000
Property Attributes
- MLS#11966502
- TypeBusiness Op
- CountyCOOK
- CityWheeling
- AreaWheeling
- Zip60090
- StyleRestaurant
- Taxes$ 24149
- Price$ 2,895,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage12000
- Lot Size1.63494 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Excellent restaurant with 2nd floor apartment for extra income, this is a turn key opportunity on the highly trafficked Restaurant Row on Milwaukee Ave in Wheeling IL. Expansive Full-service restaurant, Separate bar, with gaming and party room on ground level. Huge 3-bedroom apartment on 2nd level already rented out. Basement has another party room, dance floor, bar, 4 walk ins, storage, and bathrooms. Gaming Income is near $100,000 annually. All FF&E included in sale of real estate. Name is not included.
| Price History | |
|---|---|
| 1/25/2024 | Listed $2,949,000 |
| 3/11/2024 | 1% - $2,924,000 |
| 4/22/2024 | 1% - $2,895,000 |
General Features
| Cooling | Central Air,Central Individual |
|---|---|
| Possession | Closing |
| Zoning | COMMR |
| Construction Materials | Brick |
| Electric | Three Phase |
| Tenant Pays | Air Conditioning,Common Area Maintenance,Electricity,Heat,Janitorial Service,Operating Stops,Taxes,Insurance,Repairs,Scavenger,Tax Stops |
| Stories | 2 |
| Tax Year | 2022 |
| Business Type | Restaurant |
| County | Cook |
| Property Type | Business Opportunity |
| Status | Active |
| Directions | Glenview rd to N Milwaukee ave |
| City | Wheeling |
| MLS Area | Wheeling |
| Lot Size Square Feet | 71218 |
| Street Name | Milwaukee |
| Tax Annual Amount | 24149 |
| Additional Parcels Y/N | Yes |
| Virtual Tour | https://tours.databasedads.com/4593407/241-S-Milwaukee-Avenue-Wheeling-IL?u=1 |
| Days on Market | 94 |
| Standard Status | Active |
| Property Type | Bus / Bus w/Real Est |
Interior Features
| Street Suffix | Avenue |
|---|
Exterior Features
| Building Area Total | 12000 |
|---|---|
| Lot Dimensions | 122.47X98.81X499.43X422.17X225.33X61.04 |
| Frontage Type | Public Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Business Op Average in 60090
Price
Taxes
Visits
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than NextHome Select Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2024 All rights reserved.Based on information submitted to the MLS GRID as of April 29, 2024 6:58 AM UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice.
Data is updated as of April 29, 2024 6:58 AM UTC
