This multi-level restaurant on a prime hard-corner lot in Long Grove, IL, offers exceptional visibility with over 40,000 vehicles passing daily. Positioned in an affluent northwest suburb near Deer Park Town Center, the location benefits from strong demographics, discretionary spending, and high traffic, making it ideal for growth in the full-service and bar-driven restaurant market.
The property includes three levels of usable space, multiple bars, an open kitchen, a large split patio, three walk-in coolers, basement storage, and six video games generating approximately $5,000 per month. Full-time staff and management are in place, creating a turnkey operation with immediate cash flow.
Pro forma revenue estimates indicate $3.5M–$4.5M annually from food and beverage, plus $60,000 from video games. With typical EBITDA margins of 12–18%, potential EBITDA is $427,000–$820,000, with room for owner’s earnings growth through operational improvements and marketing.
Key investment highlights include high visibility, substantial parking, entertainment revenue, flexible space, and minimal near-term capital needs. This property offers a rare combination of stable operations, growth potential, and long-term real estate appreciation in a desirable suburban market.