Property for Sale: 999 CONFIDENTIAL, Mundelein, IL 60060

$3,000,000
$3,000,000
999 CONFIDENTIAL, Mundelein, IL 60060
$3,000,000
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Price:
$3,000,000

Type Commercial

City Mundelein
County Lake

MLS 12130584
Status Active
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.

Lot & Building Features

Cooling Central Air
Tax Year 2023
Lot Dimensions 116305 ft

Price History of 999 CONFIDENTIAL, Mundelein, IL

Date Name Price Difference
12/31/1969 Listing Price $3,000,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Sheryl Wabi
Direct: 708-638-4783
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Fulton Grace Realty, Vickie Soupos
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999 CONFIDENTIAL (MLS #12130584) is a commercial listing located in Mundelein, IL. This property was listed on 08/09/2024 and has been priced for sale at $3,000,000.

Nearby zip codes are 60030, 60047, 60050, 60069 and 60081. This property neighbors other cities such as Grayslake, Hawthorn Woods, Ivanhoe, Johnsburg and Lincolnshire.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Fulton Grace Realty