O'Neil Property Group
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$2,149,000
116 Days On Site

241 S Milwaukee Avenue
Wheeling, IL 60090

For Sale|Business|Active
0
Beds
0
Total Baths
12,000
SqFt
$179
/SqFt
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Berkshire Hathaway HomeServices Chicago
241 S Milwaukee Avenue241 S Milwaukee Avenue241 S Milwaukee Avenue241 S Milwaukee Avenue
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Monthly Payment (Est.)

$9,805
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ยฉ2026 Information is deemed reliable but not guaranteed.

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.

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Listing Snapshot
Priceย 
$2,149,000
Days On Siteย 
116 Days
Bedroomsย 
N/A
Inside Area (SqFt)ย 
12,000 sqft
Total Bathsย 
N/A
Full Bathsย 
N/A
Partial Bathsย 
N/A
Lot Sizeย 
N/A
Year Builtย 
N/A
MLSยฎ Numberย 
12556319
Statusย 
Active
Property Taxย 
$24,149
HOA/Condo/Coop Feesย 
N/A
Sq Ft Sourceย 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLSยฎ
2 weeks agoStatus changed to Active
3 weeks agoPrice changed to $2,149,000
4 months agoListing first seen on site
General Features
Number Of Storiesย 
2
Property Sub Typeย 
Business
SqFt Totalย 
12000
Zoningย 
COMMR
Interior Features
Coolingย 
Central Air
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Exterior Features
Construction Detailsย 
Brick
Community Features
MLS Areaย 
Wheeling
Listing Courtesy of MRED as distributed by MLS Grid of Berkshire Hathaway HomeServices Chicago



Based on information submitted to the MLS GRID as of 2026-05-25 07:19 AM UTC. 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.
Last checked: 2026-05-25 07:19 AM UTC
MRED DMCA Copyright Information Copyright ยฉ 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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