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$2,295,000
12,000
square ft

241 S Milwaukee Avenue
Wheeling, Illinois 60090

Active / MLS #11966502 / Business / Wheeling
Listing information updated 9/28/2025 at 6:03am
Excellent restaurant with 2nd floor apartment for extra income, this is a turn key opportunity on the highly trafficked Restaurant Row on Milwaukee Ave in Wheeling IL. Expansive Full-service restaurant, Separate bar, with gaming and party room on ground level. Huge 3-bedroom apartment on 2nd level already rented out. Basement has another party room, dance floor, bar, 4 walk ins, storage, and bathrooms. Gaming Income is near $100,000 annually. All FF&E included in sale of real estate. Name is not included.
Lot Size:
Less Than .25 Acre
Cooling System:
Central Air,Central Individual
Stories:
2
Business Use:
Restaurant
Zoning:
COMMR
Building Square Feet:
12,000
Tax Amount:
$24,149
Tax Year:
2022
Zip Code:
60090
City:
Wheeling
County:
Cook

Listing Office: Berkshire Hathaway HomeServices Chicago

Listing Office Phone: 847.510.5000

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 9/28/2025 at 6:03am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Wheeling

Wheeling, IL

Wheeling is a thriving community characterized by friendly locals, great parks, and a beautiful community. One of the village’s top attractions is Restaurant Row, which boasts upscale restaurants and some of the best eateries in the north suburbs along Milwaukee Avenue. Throughout the year, commun...
$322,252
Average Sale Price
41
Average Days On The Market
99%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 241 S Milwaukee Avenue, Wheeling, IL 60090
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241 S Milwaukee Avenue, Wheeling, IL 60090 is a business currently listed at $2,295,000. This business has been listed on @properties Christie's International Real Estate since January 25th, 2024.

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