# 260 S Milwaukee Avenue, Wheeling, IL 60090 > **TL;DR:** commercial, $799,900. > A/C. Est. $4,278/mo. Listed 367 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $799,900 | | Lot Size | 31,999 sqft (0.73 acres) | | Stories | 1 | | Property Type | Commercial (Other) | | Status | Active Under Contract | | Days on Market | 367 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $4,045 | | Estimated Insurance | $233 | | **Total** | **$4,278** | ## Key Amenities - A/C ## Property Highlights - 0.73 acre lot ## Description ### Agent Description Landmark Bakery & Deli - Iconic Business & Real Estate Opportunity on Restaurant Row, Wheeling! Discover an extraordinary business and real estate opportunity in the heart of Wheeling's thriving Restaurant Row along Milwaukee Avenue - one of the area's most recognized and heavily trafficked corridors, with over 30,000 cars passing daily! For more than 43 years, Chicago Bagel & Bialy has been a beloved community landmark and a profitable business known for its quality, tradition, and loyal clientele. In 2024 alone, the business reported over ONE MILLION dollars in gross sales (as shown on tax returns). The seller is now retiring, ready to pass on this legacy to its next proud owner. Situated on a 32,000 sq. ft. parcel (approx. 3/4 acre), this free-standing 3255 sq. ft. building offers tremendous flexibility and visibility. With 30 parking spaces, spacious indoor dining for 40+ guests, and a charming outdoor seating area for an additional 40+ clients, this fully equipped restaurant is designed for carry-out, dine-in, catering, and expansion opportunities, including the potential addition of a drive-thru. The state-of-the-art kitchen includes a 30-pan Middleby Marshall rotating oven with six shelves, two walk-in coolers, a walk-in freezer, extensive prep and packaging areas, retail display cases, refrigeration units, and all the fixtures needed to continue smooth operations from day one. Additional highlights include a two-car attached garage, office, storage areas, three restrooms, and security & sprinkler systems throughout. Strategically positioned near major traffic drivers such as Fresh Farms International Market, Superdawg, and Walgreens, this property's exposure and accessibility make it an unbeatable investment. The location's zoning and layout also offer versatility - ideal for future conversion to retail, mixed-use, wholesale production, or other commercial ventures. An adjacent 1/4-acre parcel owned by the Village of Wheeling may also be available for expansion discussions, presenting even more possibilities for growth. This is a once-in-a-generation opportunity to own both a highly profitable business and prime real estate in one of Chicago's most recognized dining destinations. Whether you're an investor, restaurateur, or entrepreneur looking to expand your brand - this is the property you've been waiting for. For private showings and financials, please contact the listing broker directly. Do not disturb the business or employees. ## Location - **Address:** 260 S Milwaukee Avenue, Wheeling, IL 60090 - **County:** Cook ## Listing Agent - **Name:** Basel Tarabein - **Brokerage:** TARABEIN INC. D/BA RE/MAX AT HOME - **Broker Phone:** 847-255-1000 ## Photos ![260 S Milwaukee Avenue - Photo 1](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f1384419507r.jpg) ![260 S Milwaukee Avenue - Photo 2](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f3325253443r.jpg) ![260 S Milwaukee Avenue - Photo 3](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f3488581556r.jpg) ![260 S Milwaukee Avenue - Photo 4](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f770726972r.jpg) ![260 S Milwaukee Avenue - Photo 5](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f184877577r.jpg) ![260 S Milwaukee Avenue - Photo 6](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f2359975731r.jpg) ![260 S Milwaukee Avenue - Photo 7](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f661560215r.jpg) ![260 S Milwaukee Avenue - Photo 8](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f2720763984r.jpg) ![260 S Milwaukee Avenue - Photo 9](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f2121493971r.jpg) ![260 S Milwaukee Avenue - 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Photo 40](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f513940512r.jpg) ![260 S Milwaukee Avenue - Photo 41](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f3773289249r.jpg) ![260 S Milwaukee Avenue - Photo 42](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f1508264544r.jpg) ![260 S Milwaukee Avenue - Photo 43](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f1902013504r.jpg) ![260 S Milwaukee Avenue - Photo 44](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f3686448213r.jpg) ![260 S Milwaukee Avenue - Photo 45](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f1498002093r.jpg) ![260 S Milwaukee Avenue - Photo 46](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f381485977r.jpg) ![260 S Milwaukee Avenue - Photo 47](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f1338989248r.jpg) ![260 S Milwaukee Avenue - Photo 48](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f384809313r.jpg) ![260 S Milwaukee Avenue - Photo 49](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f517577463r.jpg) ![260 S Milwaukee Avenue - Photo 50](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f3985292740r.jpg) ![260 S Milwaukee Avenue - Photo 51](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f209810050r.jpg) ![260 S Milwaukee Avenue - Photo 52](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f496451680r.jpg) ![260 S Milwaukee Avenue - Photo 53](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f3722216038r.jpg) ![260 S Milwaukee Avenue - Photo 54](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f1029777578r.jpg) ![260 S Milwaukee Avenue - Photo 55](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f2786362736r.jpg) ![260 S Milwaukee Avenue - Photo 56](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f3860521763r.jpg) ![260 S Milwaukee Avenue - Photo 57](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f2710339687r.jpg) ![260 S Milwaukee Avenue - Photo 58](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f3087982262r.jpg) ![260 S Milwaukee Avenue - Photo 59](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f3222669189r.jpg) ![260 S Milwaukee Avenue - Photo 60](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f269333252r.jpg) ![260 S Milwaukee Avenue - Photo 61](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f3807485350r.jpg) ![260 S Milwaukee Avenue - Photo 62](http://lh.rdcpix.com/3ffd6c39f8e5315f41bf3923034665e8l-f1887758978r.jpg) --- **MLS#:** 12503562 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/260-s-milwaukee-avenue-wheeling-il-60090-70991bf39e2d4c2885badee477c21dcf) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/260-s-milwaukee-avenue-wheeling-il-60090-70991bf39e2d4c2885badee477c21dcf#listing", "url": "https://www.propertysimple.ai/listing/260-s-milwaukee-avenue-wheeling-il-60090-70991bf39e2d4c2885badee477c21dcf", "name": "260 S Milwaukee Avenue, Wheeling, IL 60090", "description": "Landmark Bakery & Deli - Iconic Business & Real Estate Opportunity on Restaurant Row, Wheeling! Discover an extraordinary business and real estate opportunity in the heart of Wheeling's thriving Restaurant Row along Milwaukee Avenue - one of the area's most recognized and heavily trafficked corridors, with over 30,000 cars passing daily! For more than 43 years, Chicago Bagel & Bialy has been a beloved community landmark and a profitable business known for its quality, tradition, and loyal clientele. In 2024 alone, the business reported over ONE MILLION dollars in gross sales (as shown on tax returns). The seller is now retiring, ready to pass on this legacy to its next proud owner. Situated on a 32,000 sq. ft. parcel (approx. 3/4 acre), this free-standing 3255 sq. ft. building offers tremendous flexibility and visibility. With 30 parking spaces, spacious indoor dining for 40+ guests, and a charming outdoor seating area for an additional 40+ clients, this fully equipped restaurant is designed for carry-out, dine-in, catering, and expansion opportunities, including the potential addition of a drive-thru. The state-of-the-art kitchen includes a 30-pan Middleby Marshall rotating oven with six shelves, two walk-in coolers, a walk-in freezer, extensive prep and packaging areas, retail display cases, refrigeration units, and all the fixtures needed to continue smooth operations from day one. Additional highlights include a two-car attached garage, office, storage areas, three restrooms, and security & sprinkler systems throughout. Strategically positioned near major traffic drivers such as Fresh Farms International Market, Superdawg, and Walgreens, this property's exposure and accessibility make it an unbeatable investment. The location's zoning and layout also offer versatility - ideal for future conversion to retail, mixed-use, wholesale production, or other commercial ventures. An adjacent 1/4-acre parcel owned by the Village of Wheeling may also be available for expansion discussions, presenting even more possibilities for growth. This is a once-in-a-generation opportunity to own both a highly profitable business and prime real estate in one of Chicago's most recognized dining destinations. Whether you're an investor, restaurateur, or entrepreneur looking to expand your brand - this is the property you've been waiting for. For private showings and financials, please contact the listing broker directly. 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