SQUARE FEET12,000
MLS#12556319
STATUSActive
PROPERTY TYPECommercial - Investment
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.
Property Features
Property Type: Commercial - Investment
Cooling: Central Air, Central Individual
Lot Size: 1.63 Acres
Stories: 2.0
Taxes: $24,149
Feature Descriptions
Electric: Three Phase
Exterior: Brick
Frontage Type: Public Road
HVAC: Central Heat/Indiv Controls, Forced Air
Location: Central Business District, Free Standing/Urban
Lot Dimensions: 122.47X98.81X499.43X422.17X225.33X61.04
Miscellaneous Indoor: Accessible Entrance
Parcel#: 03121010520000
Parking: Over 100 Spaces
Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Operating Stops, Taxes, Insurance, Repairs, Scavenger, Tax Stops
Listed By / Shown By
Listed By
Agency Name: Berkshire Hathaway HomeServices Chicago
Agency Phone: 847-510-5000
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
© 2026 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered marks of HomeServices of America, Inc. ®
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241 S Milwaukee Avenue | MLS# 12556319
This commercial property located at 241 S Milwaukee Avenue, Wheeling, IL 60090 is currently listed for sale with an asking price of $2,199,000. Search Wheeling real estate on www.bhhscrosby.com today.