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$3,000,000
5 Days On Site

890 US-45
Mundelein, IL 60060

For Sale|Business|Active
0
Beds
0
Full Baths
0
Partial Baths
13,000
SqFt
$231
/SqFt

Built
County:
Lake
Listing Courtesy of MRED as distributed by MLS Grid of Fulton Grace Realty

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890 US-45890 US-45890 US-45890 US-45
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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.

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Listing Snapshot
Price 
$3,000,000
Days On Site 
5 Days
Bedrooms 
N/A
Inside Area (SqFt) 
13,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
N/A
MLS® Number 
12355964
Status 
Active
Property Tax 
$55,360.5
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 hours agoListing updated with changes from the MLS®
2 hours agoStatus changed to Active
6 days agoListing first seen on site
General Features
Additional Property Use 
Commercial
Number Of Stories 
1
Property Sub Type 
Business
SqFt Total 
13000
Zoning 
COMMR
Interior Features
Cooling 
Central Air
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Exterior Features
Road Frontage 
State Road
Community Features
MLS Area 
Ivanhoe / Mundelein
Listing Courtesy of MRED as distributed by MLS Grid of Fulton Grace Realty



Based on information submitted to the MLS GRID as of 2025-05-10 07:12 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. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-05-10 07:12 AM UTC
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