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Turnkey 2nd Generation Restaurant/Brewery 169 N Seymour Ave 8,198 SF Retail Building Mundelein, IL 60060 $1,750,000 ($213.47/SF)
INVESTMENT HIGHLIGHTS
- $1,300,000 Build Out Completed in 2023
- $317,000 in high-end kitchen equipment
- Optional second-floor buildout for private event space (up to 120 guests) with rooftop terrace
- $580,000 Quality Tank Solutions Brewing System (1,000 barrels/year capacity)
- 90-seat dining room, 14-bar seats, 48-seat private party room, 50-seat outdoor patio
- 5000 new homes coming to Mundelein over the next decade
EXECUTIVE SUMMARY
Exceptional opportunity to acquire a 5,800 SF turnkey brewery and restaurant in the heart of fast-growing downtown Mundelein. Completed in 2023 with a $1.3 million buildout, this fully equipped facility features premium finishes, high-capacity brewing equipment, and top-tier kitchen infrastructure—ready for immediate operation. Strategically located at 169 N Seymour Ave., this property benefits from significant local development. Mundelein is planning over 5,000 new residential units in the coming decade, with 500 units within walking distance—creating a strong, growing customer base. Whether you're an operator looking to expand or an investor seeking a high-demand hospitality asset, this property is a rare find in Lake County. Schedule your tour today and capitalize on Mundelein’s exciting growth trajectory.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS Under Contract
Sale Type
Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
8,198 SF
Year Built/Renovated
1950/2023
Price
$1,750,000
Price Per SF
$213.47
Building Height
2 Stories
Building FAR
0.20
Lot Size
0.92 AC
Zoning
C5MU - Mixed Use
Parking
40 Spaces (4.88 Spaces per 1,000 SF Leased)
Frontage
148’ on Seymour Avenue
AMENITIES
- Corner Lot
- Restaurant
- Roof Terrace
- Air Conditioning
- Smoke Detector
Walk Score®
Very Walkable (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 11-30-109-018 | Total Assessment | $198,839 |
| Land Assessment | $43,098 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $155,741 | Tax Year | 2024 Payable 2025 |
PROPERTY TAXES
Parcel Number
11-30-109-018
Land Assessment
$43,098
Improvements Assessment
$155,741
Total Assessment
$198,839
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024 Payable 2025
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Turnkey 2nd Generation Restaurant/Brewery | 169 N Seymour Ave
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