Chicago Bagel 260 S Milwaukee Ave

260 S Milwaukee Ave , Wheeling, Illinois, 60090 | 3,580 sq.f | $ 1,199,000

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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