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Listed by Valerie Pierobonof Baird & Warner Fox Valley - Geneva
-
Est. payment /mo
3,503 SqFt
Price Dropped by $100K
799 E Us Highway 45 Highway Mundelein, IL 60060
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Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 3,503 sqft
MLS Listing ID 12001090
Year Built 1965
Annual Tax Amount $24,682
Tax Year 2025
Lot Dimensions 140 X 159
Property Sub-Type Retail/Stores
Property Description
Improved price! Premier Commercial Opportunity in High-Traffic Corridor. Presenting a rare opportunity to acquire a high-visibility commercial property strategically positioned between Hwy. 45 and Rte. 83. Plus, Yellowstone Blvd. now runs from County Line Rd. to Hwy. 45 and right to this location! Significant daily traffic counts on Hwy. 45 plus unparalleled exposure make it a landmark destination for any new or existing enterprise. This site has been the home of a successful, long-established restaurant for over 40 years. Repurpose this 3,500 sq. ft. building to launch your own restaurant, retail, or service-based concept. Kitchen features upright oven, gas stove, deep fryer, walk-in cooler, triple sink basin, and prep station while full lower level has ample storage. Parking lot features 42 dedicated spaces. Looking to innovate? Capitalize on the prime .51-acre lot and ample parking by redeveloping the site for a higher and better use. Whether you are an investor seeking a redevelopment project or an operator looking for a high-profile location, this property is a must-see. PLEASE NOTE: the new price reflects the fact that this is no longer a turn key restaurant as much of the furniture and equipment have been sold. Any remaining fixtures and equipment will transfer with the property at buyer's request as stated in LOI.
Location
State IL
County Lake
Zoning COMMR
Interior
Cooling Chillers
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Sewer Connected
View Y/N true
Building
Water Well

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