About This Restaurant
Investment Highlights
On the most desirable restaurant street - S Milwaukee Ave with over 30,000 cars passing by each day, and surrounded by many successful businesses Fully equipped kitchen includes 30 pan Middleby Rotating Oven with 6 shelves, 2 walk-in coolers and one walk-in freezer. Successfully restaurant business for over 35 years with recognizable brand "Chicago Bagel" Equipped for carryout, catering, dining in and outdoor seating. It has plenty of land to add a potential drive-through. Property includes retail fixtures, display, retail cases, seating for 40 people, storage room, office, 3 bathrooms and attached 2-car garage.
Executive Summary
Unbelievable rare business and investment opportunity on the RESTAURNT STREET at the heart of thriving community of Wheeling: Milwaukee Avenue! With over 30,000 cars passing by each day, and surrounded by many successful businesses, Chicago Bagel and Bialy is ready to welcome its new owner after 35 years of profitable business! Located on 3/4 acre land with 30 parking spots, over 3500 Sq Ft indoor space, this restaurant is equipped for carryout, catering, dining in and outdoor seating. It has plenty of land to add a potential drive-through. Fully equipped kitchen includes 30 pan Middleby Rotating Oven with 6 shelves, 2 walk-in coolers and one walk-in freezer. Property includes retail fixtures, display, retail cases, seating for 40 people, storage room, office, 3 bathrooms and attached 2-car garage. This perfectly located facility and location could also be converted to retail business, wholesale, mixed use, and much more!! When combined with the proximity to traffic generators like the Fresh Farms Int'l Market, Super Dawg, and Walgreens, the opportunity for consistent revenue is easily showcased. Adjacent 1/4 acre vacant land is owned by Village of Wheeling who could be contacted for further discussion. Restaurant owners and business owners, this well-maintained property and incredible location won't stay long on the market before it's gone. Come see it today!!
Property Details
- Sale Type Investment or Owner User
- Sale Condition Business Value Included
- Property Type Retail
- Property Subtype Restaurant Restaurant General Retail Fast Food General Retail Freestanding General Retail Storefront Retail/Office Restaurant
- Building Size 3,580
- Building Class B
- Year Built 1999
- Price 1,199,000
- Price Per SF 335
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.11
- Land Acres 0.74 AC
Amenities
- Pylon Sign
Property Taxes
Parcel Number | 03-12-104-024-0000 03-12-104-030-0000 | Improvements Assessment | $148,535 |
Land Assessment | $80,028 | Total Assessment | $228,563 |
Date Created: | 2024-07-16 04:13:39 | Last Updated: | 2024-07-16 04:13:39 |
Address: | 260 S Milwaukee Ave , Wheeling, Illinois, 60090 |