Property Details

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799 E Us Highway 45 Highway
Mundelein, IL 60060
8 days ago
REDUCED
$600,000
Active
3,503
Sqft
1965
Yr. Built
MLS# 12001090
Cumulative Days on Market: 922 · Includes prior listings · Currently listed since 06/02/25 · Data provided by the MLS.

Property Description

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. 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.

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Property Highlights

Property Type
Commercial Sale
Property Sub Type
Restaurant
Local Property Type
Retail/Stores
Year Built
1965
Cumulative Days On Market
914

Location

Area
Ivanhoe / Mundelein
City/Township
Mundelein
County
Lake
Zoning
COMMR

Property Details

Price
$600,000
Local Property Type
Retail/Stores
Property Type
Commercial Sale
Property Sub Type
Restaurant

Building

Total Area
3,503

Interior Features

Area and Spaces

Number of Units
1

Interior Features

Electic
Other

Building Details

Construction

Year Built
1965

Terms

Terms

Cumulative Days On Market
914

Taxes

Tax

Tax (Annual)
$24,682.40

Heating, Cooling & Utilities

Cooling Features
Chillers

Utilities

Utilities
Electric to Site, Natural Gas Available, Sewer Connected
Water Source
Well

Lot

Lot Size Area Sq Ft
22,216
Lot Dimensions
140 X 159
Listed by Baird & Warner Fox Valley - Geneva
Listing Data last updated 09/18/2026 08:20 pm
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All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 19-Sep-2026 and are subject to change without notice. Interest rates provided by the St. Louis Federal Reserve Economic Data (FRED). All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
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Property History

Yesterday
Property information last updated
8 days ago
Date of last price change
473 days ago
Status Active. This is the most recent date the listing was placed on market.
Cumulative Days on Market: 922 days (includes prior listings) · Currently listed since June 2, 2025. Data provided by the MLS.

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