For Sale

Fully-Equipped Freestanding Pizzeria w/Bar Wonder Lake, IL – Property For Sale!

A Longstanding Pizzeria For Over 70 Years In The Heart Of The Wonder Lake Recreational Corridor

Wonder Lake, IL

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Food Type: Any, Bar/Pub/Tavern/Lounge, Pizza Place

Service Type: Full Service

Business Type: Independent

Sale Type: Asset Sale With Property

Asking Price: $325,000

Gross Sales: $(Asset Sale)

Net Operating Income: $(Asset Sale)

Monthly Rent: $(Property Included)

Lease Expiration: (Property Included)

Lease Options: (Property Included)

Year Established: 1955 Millie’s Pizza, 1992 Dusty’s Pizza, 2020 Napoli Pizza Beach Bar

Owner Operated: No

Seller Financing: No

Summary:

An exceptional opportunity to acquire a freestanding restaurant and real estate in the heart of the Wonder Lake recreational corridor. This well-known property has served the community for decades under several recognizable concepts including Millie’s Pizza, Dusty’s Pizza and most recently Napoli Pizza Beach Bar.

Its single-story freestanding building currently features two separate rooms, one room with a small bar with 2-door glass cooler, fireplace, seating and space for video gaming, plus a second room with vaulted ceilings, expansive windows, skylights, ample seating and access to its wrap-around deck with additional outdoor seating.

As well as a fully equipped kitchen with large hood, 2 double-stack Blodgett pizza ovens, 4-burner tabletop stove, flat top grill, 2 deep fryers, convection oven, dough mixer & roller, 2-door & 3-door sandwich prep coolers, 2-door stand-up cooler, 2 single-door stand-up freezers, walk-in cooler & freezer and more. In addition to a basement for extra storage and a detached two car garage.

Well established over 70 years. Asset sale with property - all furniture, fixtures and equipment (FF&E) included. Currently closed. Previous owner had a liquor and gaming license, will need to re-apply for both.

Opportunity Highlights:
• Single-story freestanding building on 41,132 sqft of land or .94 acre
• Ample on-site parking with 32 parking spaces
• Opportunity to reopen as a pizzeria, lake-themed dining, beach-style restaurant, tavern, sports bar, entertainment venue or event space
• Flexible building layout adaptable to multiple hospitality concepts
• Potential to also add an outdoor patio for additional seasonal lake-lifestyle dining
• Highly recognizable location with a long history of local favorite dining concepts

Ideal For:
• Pizza place
• Family restaurant or casual dining spot
• Tavern, lake-themed bar or sports bar
• Live music or entertainment venue
• Event or private party venue

With the property included in the sale, buyers have the flexibility to reimagine the concept and build long-term value in a highly desirable lake community.

If interested in this listing, please complete the short Contact Form on the right or email Pat Mahoney at Pat@eatz-associates.com or call 847-208-9569 for more information. Showings by appointment only.

Competition:

Wonder Lake is one of McHenry County’s most unique recreational communities, centered around a large 840-acre private lake (Wonder Lake) known for boating, fishing, waterskiing, snowmobiling and year-round outdoor activities.

Its surrounding neighborhoods include thousands of lakefront homes, cottages and residential communities, creating a loyal local customer base.

The area experiences significant seasonal visitation, particularly during the warmer months when boating & lake recreation bring additional traffic to local restaurants/gathering spots.

Growth and Expansion:

Standalone restaurant properties in lake communities rarely come to market. Your chance to own both the building and real estate in one of McHenry County’s most recognizable recreational areas.

Its history as a longstanding area destination demonstrates its viability as a gathering place for locals and visitors alike. Boasts year-round traffic with strong seasonal peaks during spring, summer and fall recreation seasons.

With the right vision/concept, a new owner can reestablish the property as Wonder Lake’s next popular dining and social destination!

Location:

Prime retail space in a freestanding building with pole sign and its own parking lot for 32 vehicles.

Perfectly situated along Howe Rd, a primary east-west corridor connecting residential communities throughout Wonder Lake, the property benefits from excellent visibility, convenient access and proximity to numerous lakefront neighborhoods, parks and marinas.

Well positioned just moments from Wonder Lake itself - one of McHenry County’s most popular boating, fishing and lake recreation destinations.

The area attracts a steady mix of year-round residents, lake homeowners, weekend visitors and seasonal tourism traffic, creating an incredible opportunity for a buyer to introduce their own concept.

Location Highlights:
• Strong visibility along the Howe Rd corridor
• Surrounded by established lakefront residential communities & seasonal cottages
• Positioned near Wonder Lake’s recreational shoreline & boating community
• Near several other recreational areas & community attractions

Nearby Destinations & Local Drivers:
• Wonder Lake waterfront & marinas
• Multiple public boat launches & lake access points
• Wonder Lake State Park - over 3,000 acres of trails, wildlife habitat & outdoor recreation
• Local parks, campgrounds & various other outdoor destinations
• Popular snowmobile routes & winter recreation trails
• Growing residential developments throughout Wonder Lake & McHenry County

Serving:
• Local families & nearby neighborhoods
• Lake residents
• Vacation homeowners & weekend visitors
• Boaters & recreational users
• Seasonal tourism traffic

County: McHenry

Facilities:

Property Information: One-story brick building with two car garage. Built in 1939. On 41,132 sqft of land or .94 acre. Class B. Real estate taxes ~$10,000.

Square Feet: 2,800 + Basement.

Seating: 60 Inside & 40 Outside.

Days/Hrs of Operation: Closed.

Real Estate: Owned.

Value of FF&E: Included In Asking Price (Valued at $50,000).

Value of Inventory: Not Included In Asking Price.

Seller Financing Available: No.

Reason for Selling: Retiring.

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