260 S Milwaukee Avenue Wheeling, IL $ 1,199,000
260 S Milwaukee Avenue
$ 1,199,000
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260 S Milwaukee Avenue

Wheeling, IL, 60090
$ 1,199,000
Baths0.0 Sq 3,500

Monthly Estimate*

$ 8,375

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Studio

Commercial Property for sale in Wheeling, IL

for $1,199,000. This 3,500 square foot building was built on a lot size of 0.734619.

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!!

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Commercial Active

Price

$ 1,199,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 43,254

Style

Restaurant

Lot Size

0.734619

Town/City

Wheeling

County/Region

Cook

MLS | Web ID

11472414

Features
General
Cooling Central Air
Utilities Gas to Site
Possession Closing Negotiable
Roof Membrane
Zoning COMMR
Construction Materials Brick
Tenant Pays Other
Stories 1
Tax Year 2020
Current Use Other
Business Type Restaurant
Business Name CHICAGO BAGEL & BIALY
County Cook
Operating Expense 0
Property Type Business Opportunity Bus / Bus w/Real Est
Possible Use Commercial Condominium Office and Research Development Recreational Retail Special Use Other
Status Active
Directions ON MILWAUKEE AVE SOUTH OF DUNDEE
City Wheeling
MLS Area Wheeling
Lot Size Square Feet 32000
Waterfront Y/N N
Street Name Milwaukee
Tax Annual Amount 43254
Additional Parcels Y/N Y
Virtual Tour https://player.vimeo.com/video/708788718
Days on Market 560
Standard Status Active
Ownership Type Corporation
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Exterior
Building Area Total 3500
Lot Dimensions 240 X 121 X 298 X 135
Frontage Type Public Road State Road
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Interior
Street Suffix Avenue
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* Excluded Features
List By
Coldwell Banker Realty

Broker

ronna.wisbrod@cbrealty.com

Email

Affordability Calculator

$11,980
Per Month
70%
30%
0%
Monthly Principal & Interest
$8,375
Monthly Property Taxes
$3,605
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/22/2022$1,199,000 Listed Price

Map


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260 S Milwaukee Avenue, Wheeling, IL, 60090 is a Commercial Property for sale at $1,199,000 with 3,500 sqft and a lot size of 0.734619. 260 S Milwaukee Avenue is a studio with 0.0 baths. The property's zip code is 60090 which is in Wheeling, IL