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Listing provided courtesy of Coldwell Banker RealtyMREDas Distributed by MLSGrid- MLS# 12600620MLS Provider

738 S Butterfield RoadMundelein, IL 60060

Commercial
$85,000 Active

738 S Butterfield Road Overview

Time on Site:
96 days
Visits:
2

Well-equipped restaurant for sale in Mundelein on Butterfield Road across the street from Gregg's Landings. This restaurant has 1,280 sq of space with a full kitchen with 15 ft hood and a sizable walk-in cooler. Currently operating as a Korean restaurant with a steady customer base, but it can be easily converted. Motivated seller.

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738 S Butterfield Road Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Existing Lease Type: Net
  • Operating Expense: 0

Business Information

  • Business Type: Restaurant

Location/Region

  • County Or Parish: Lake
  • MLS Area Major: Ivanhoe / Mundelein

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Operating Stops, Sewer, Trash Collection

Tax Information

  • Tax Annual Amount: $0.00
  • Tax Year: 2024

General Information

  • Property Type: Business Opportunity
  • Zoning: RTAIL

Interior

Building Interior

  • Building Area Total: 0

General Information

  • Cooling: Central Air
  • Stories: 1

Unit Information

  • Unit SqFt.: 1280

Exterior

Lot Information

  • Lot Size Dimensions: COMMON
  • Lot Size Square Feet: 0

Building Exterior/Construction

  • Construction Materials: Brick

738 S Butterfield Road Neighborhood

Community

60060 (Mundelein) Demographics

39
Median Age
1,500
Population Density (per sq. mile)
50%
College Educated
$93,905
Estimated Median Income
9,912
Estimated Total Home Owners
3,128
Estimated Total Renters
76% / 24%
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.

738 S Butterfield Road Monthly Cost

$
$ %
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$
$
Jim Luxem Jr
* 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.

738 S Butterfield Road Market Data

Based on the last 30 days in this zip code

$515,041
Average List Price
$222
Average Price per Square Foot
40
Properties Sold
54
Average Days on Market
145
Properties for Sale
Calculations provided by Reliance Network

738 S Butterfield Road History

Date Event Value Agent
3/31/2026Source: MRED Status Change
Active
3/26/2026Source: MRED Price Increase
$85,000 8,499,900.0%
3/26/2026Source: MRED Added to Database
March 26, 2026