For Sale

High-Volume Restaurant & Bar Wheeling, IL – A+ Location!

In A Vibrant Community Gathering Place That Offers An Incredible Combination Of Retail, Dining, Entertainment & Residential

Wheeling, IL

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Food Type: Any, Liquor License, Mexican/Tex-Mex

Service Type: Full Service

Business Type: Independent

Sale Type: Asset Sale

Asking Price: $157,000

Gross Sales: $(Asset Sale)

Net Operating Income: $(Asset Sale)

Monthly Rent: $(Negotiable)

Lease Expiration: (New Lease)

Lease Options: (New Lease)

Year Established: 2020

Owner Operated: No

Seller Financing: No


Currently operating as a popular Mexican grill and tequila bar known for their delicious authentic family recipes with a modern spin and fresh frosty margaritas.

Full-service restaurant. Dine-in or out, pickup and 3rd party delivery. Also, a full bar with 6 beers on tap, refrigerated coolers, glass coolers, ice blender, toaster/warmer and more.

Gorgeous modern build-out. Striking exterior with large wrap-around patio with comfortable seating. Stylish interior features exposed ductwork, garage doors that open to the outside, colorful murals, reclaimed wood, exquisite tilework and beautiful light fixtures and more.

Ample seating, both inside and out, plus ample parking. As well as a fully equipped kitchen with 14ft hood, 4 burner stove w/oven, grill, 2 basket fryer, 4-well steam table, flat top, salamander, 2-door refrigerated prep table, walk-in cooler, walk-in freezer, ice machine, POS system and more.

Established 4 years. Independent - no royalty, advertising or transfer fees. Absentee owned and operated. Asset sale - furniture, fixtures and equipment (FF&E) included. Name not included. Spent over $800,000 on the build-out with all high-quality materials!

Keep the current Mexican concept or make it your own!

Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, please DO NOT talk to any of the owners, employees or patrons. If interested, contact EatZ for more information. Showings by appointment only outside of business hours.


A+ location in a vibrant community gathering place that offers an incredible combination of retail, dining, entertainment & residential. A highly desirable north shore destination!

Growth and Expansion:

The area’s newest hottest spot. Close to everything - train station, park district and more. At the center of it all!


Prime corner retail space in an amazing transit-oriented mixed-use development featuring 100,000 sqft of open-air retail space, a dozen sought-after restaurants, several entertainment options and over 300 luxury apartments & townhouses.

This thriving development is perfectly situated on 16-acres and features a modern contemporary design. It was built with the goal of creating a dynamic and walkable urban center for residents and visitors to enjoy. The center officially opened in 2019 and has since become THE destination in the area!

Its growing retail component includes a variety of stores, boutiques and services including grocery stores, fitness centers, beauty salons and more. Features both local businesses and well-known national chains.

In addition to a diverse range of dining options. Numerous restaurants and eateries offering a variety of cuisines. The perfect place for a quick snack, a casual meal or fine dining.

It also features a state-of-the-art 10-screen movie theater in a luxurious setting with comfortable seating and a full menu, plus alcoholic beverages. The center also hosts various events and activities throughout the year including live music performances, festivals and community gatherings, further enhancing its role as a social hub of the area.

The development also includes sleek apartments and townhomes, as well as pedestrian-friendly walkways, outdoor seating areas and landscaped spaces to create an inviting atmosphere.

Overall, this town center brings together retail, dining, entertainment and residential in one convenient location. Serving as a gathering place for the community and attracts visitors from all its surrounding areas!

And it’s all located in the heart of the downtown area of Wheeling, a prestigious northwest suburb of Chicago with a population of over 40,000. Boasts award-winning schools, beautiful parks and a flourishing business community. Named one of the 10 best places to raise a family!

County: Cook


Lease Information: Leased space $16,000/mth gross. Landlord open to negotiate a new lease with options!

Square Feet: 4,240.

Seating: 140 Inside & 80 Outside.

Days/Hrs of Operation: Mo-Th 3p-9p & Fr- Su 12n-10p.

Real Estate: Leased.

Value of FF&E: Included In Asking Price.

Value of Inventory: Not Included In Asking Price.

Number of Employees: 6.

Support/Training: One week on-site comprehensive training.

Seller Financing Available: No.

Reason for Selling: Other interests.

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