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Listing provided courtesy of CompassMREDas Distributed by MLSGrid- MLS# 12507738MLS Provider

799 Buffalo Grove RoadBuffalo Grove, IL 60089

Commercial · 1,200 Sq. ft.
$188,000 Active

799 Buffalo Grove Road Overview

Time on Site:
242 days
Visits:
21

Upscale Turnkey Mexican Restaurant, Prime Location on a Busy Street! An exceptional opportunity to own a highly regarded, fully operational Mexican restaurant offering authentic, gourmet recipes - all included with the sale. This beautifully furnished and fully equipped establishment features top-quality kitchen equipment, elegant dining tables, custom booths, flat-screen TVs, and stylish decor throughout, creating a warm and inviting dining experience. Ideally located on a high-traffic street in a sought-after area, the restaurant enjoys excellent visibility and steady customer flow. Priced at $193,000, and supported by a 5-year lease with the same monthly rent for the new owner. Sale includes all equipment, furnishings, inventory, licenses, and goodwill (employees not included). Both the liquor and gaming licenses have been renewed through 2025. Current owners are selling to focus on their second location, making this a rare chance to step into a sophisticated, profitable, turnkey restaurant in one of the area's most desirable commercial corridors.

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799 Buffalo Grove Road Facts & Features

  • Type Commercial
  • Sq. ft. 1,200
  • Price/Sq.ft. $157

Details

General

Income/Expenses

  • Existing Lease Type: N/A
  • Operating Expense: 77024

Business Information

  • Business Type: Food & Beverage

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Buffalo Grove

Rent/Lease Information

  • Lease Expiration: 2030-09-01
  • Tenant Pays: Air Conditioning, Electricity, Heat, Repairs, Gas

Tax Information

  • Tax Annual Amount: $0.00
  • Tax Year: 2023

General Information

  • Parcel Number: 03043020110000
  • Property Type: Business Opportunity
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 1200

General Information

  • Cooling: Central Air
  • Stories: 1

Unit Information

  • Unit SqFt.: 1200

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 60000
  • Lot Size Square Feet: 60000

Waterfront/View

  • Waterfront: No

799 Buffalo Grove Road Neighborhood

Community

60089 (Buffalo Grove) Demographics

42
Median Age
4,169
Population Density (per sq. mile)
73%
College Educated
$118,033
Estimated Median Income
12,083
Estimated Total Home Owners
3,174
Estimated Total Renters
79% / 21%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

799 Buffalo Grove Road Monthly Cost

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Eric Nowik
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

799 Buffalo Grove Road Market Data

Based on the last 30 days in this zip code

$499,605
Average List Price
$253
Average Price per Square Foot
51
Properties Sold
42
Average Days on Market
140
Properties for Sale
Calculations provided by Reliance Network

799 Buffalo Grove Road History

Date Event Value Agent
1/13/2026Source: MRED Status Change
Active
1/8/2026Source: MRED Price Reduction
$188,000 -2.6%
1/8/2026Source: MRED Status Change
Price Change
11/4/2025Source: MRED Status Change
Active
10/30/2025Source: MRED Added to Database
October 30, 2025