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. Sold As-Is. 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.
Property Details
Price:
$650,000
MLS #:
MRD12001090
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Restaurant
Neighborhood:
ivanhoemundelein
Listed Date:
Mar 11, 2024
Total Sq Ft:
3,503
Year Built:
1965
See this Listing
Schools
Interior
Cooling
Chillers
Exterior
Stories
1
Financial
HOA Fee Frequency
Not Applicable
Tax Year
2025
Taxes
$24,682
Map
Community
- Address799 E Us Highway 45 Highway Mundelein IL
- CityMundelein
- CountyLake
- Zip Code60060
Market Summary
Current real estate data for Commercial in Mundelein as of Jun 17, 2026
4
Commercial Listed
276
Avg DOM
$836,000
Avg List Price
Property Summary
- 799 E Us Highway 45 Highway Mundelein IL is a Commercial for sale in Mundelein, IL, 60060. It is listed for $650,000
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799 E Us Highway 45 Highway
Mundelein, IL


