890 US-45 Mundelein, IL $ 2,700,000
890 US-45
$ 2,700,000
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890 US-45

Mundelein, IL, 60060
$ 2,700,000
Bedrooms-- Baths-- Sq 13,000

Monthly Estimate*

$ 16,844

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Commercial Property for sale in Mundelein, IL

for $2,700,000. This 13,000 square foot building was built on a lot size of 2.67.

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.

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Commercial Active

Price

$ 2,700,000

Property Type

Commercial

Taxes

$ 55,360

Style

Restaurant

Lot Size

2.67

Town/City

Mundelein

County/Region

Lake

MLS | Web ID

12355964

Features
General
Cooling Central Air
Possession Closing
Zoning COMMR
Tenant Pays Electricity Heat
Stories Count 1
Tax Year 2023
Business Type Restaurant
County Lake
Operating Expense 0
Property Type Business Opportunity Bus / Bus w/Real Est
Possible Use Commercial
Status Active
Directions Take the road marked IL-60E/IL-83S to US-45
City Mundelein
MLS Area Ivanhoe / Mundelein
Lot Size Square Feet 116305
Tax Annual Amount 55360.5
Additional Parcels Y/N Y
Standard Status Active
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Exterior
Building Area Total 13000
Lot Dimensions 116305
Frontage Type City Street Public Road State Road US Highway Paved
Waterfront Y/N N
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* Excluded Features
List By
Fulton Grace Realty

Broker

vickie@colovos-soupos.com;vickie@fultongrace.com

Email

Affordability Calculator

$21,458
Per Month
79%
21%
0%
Monthly Principal & Interest
$16,844
Monthly Property Taxes
$4,613
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/19/2025$2,700,000 -10.00% Price Down
5/4/2025$3,000,000 Listed Price

Map


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890 US-45, Mundelein, IL, 60060 is a Commercial Property for sale at $2,700,000 with 13,000 sqft and a lot size of 2.67. The property's zip code is 60060 which is in Mundelein, IL