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In-PersonVirtual Tour
$775,000
Est. payment /mo
8,014 SqFt
Open House
Sun Sep 27, 12:00pm - 3:00pm
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Key Details
Property Type Commercial
Sub Type Bus / Bus w/Real Est
Listing Status Active
Purchase Type For Sale
Square Footage 8,014 sqft
Price per Sqft $96
MLS Listing ID 12761280
Annual Tax Amount $47,708
Tax Year 2024
Lot Dimensions 1.440 AC
Property Sub-Type Bus / Bus w/Real Est
Property Description
Freestanding redevelopment opportunity at the northern gateway to Wheeling's established Restaurant Row on Milwaukee Avenue! This 8,014 +/- SF former restaurant building sits on 1.44 acres with prominent Milwaukee Ave frontage, near neighbors including The Westin, Cooper's Hawk, Saranello's, and Boston Fish Market. Existing restaurant infrastructure (kitchen, hood, coolers, fire suppression) remains on site - condition unverified, offered strictly as-is. Ideal for restaurant, entertainment, or another commercial concept, subject to Village of Wheeling approval. The Village has shown strong support for restaurant/entertainment redevelopment on this corridor, with potential build-out assistance available to a qualifying buyer, subject to Village approval and program requirements. Pylon and building signage potential. Note: the adjoining southern parking parcel is not included in this sale, and no restaurant equipment, trade fixtures, furniture, or operating business is included - sold strictly as-is. Buyer to independently verify all information, square footage, zoning, and Village approvals.
Location
State IL
County Cook
Area Wheeling
Zoning RTAIL
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Bus / Bus w/Real Est
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Listed by Anjali Mohanty of American Star Realty
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