This exceptional investment opportunity presents a fully operational restaurant, "Chicago Bagel," situated on a high-traffic street in Wheeling, Illinois. The 32,000 square foot, single-story building sits on a 0.75-acre lot with 30 parking spaces. Boasting a 35+ year history and recognizable brand, this well-established business offers dine-in, carryout, catering, and outdoor seating options. The fully equipped kitchen includes a 30-pan Middleby rotating oven, two walk-in coolers, and a walk-in freezer. Additional features include retail fixtures, display cases, seating for 40, a storage room, office, three bathrooms, and a two-car garage. The B3 zoned property presents significant potential for expansion, including the addition of a drive-through. Located on Milwaukee Avenue, this property benefits from over 30,000 cars passing daily and is surrounded by successful businesses, including Fresh Farms Int'l Market, Super Dawg, and Walgreens. The property is offered fee simple and includes all existing equipment. Adjacent vacant land owned by the Village of Wheeling may offer further development opportunities. This turnkey operation is ideal for an experienced restaurateur or investor seeking a profitable, established business in a prime location. The asking price is $1,199,000. The building was constructed in 1999. The property's APN is 03121040240000.
Highlights
High-traffic location on Milwaukee Ave., Wheeling, IL, with over 30,000 cars passing daily.
Excellent location surrounded by successful businesses.
Established restaurant ("Chicago Bagel") with a 35+ year operating history.
Versatile restaurant with dine-in, carryout, catering, and outdoor seating options.
Includes a fully equipped kitchen and a two-car garage.
Retail property - Established Bagel Shop, High Traffic Area
Where is the retail property located?
The property is located at 260 Milwaukee Ave Wheeling, IL.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: High-traffic location on Milwaukee Ave., Wheeling, IL, with over 30,000 cars passing daily.; Excellent location surrounded by successful businesses.; Established restaurant ("Chicago Bagel") with a 35+ year operating history.
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Contacts
Shelley Hu
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Milwaukee Ave Wheeling, IL 60090
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Milwaukee Ave Wheeling, IL 60090
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260 Milwaukee Ave
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