Northwest Suburb – 10 S. Vail Ave., Arlington Heights, IL

Property/Business Description: Large occupancy restaurant and music venue with outdoor dining for sale.
The offering is ideally positioned in the heart of Downtown Arlington Heights, one of the Northwest Suburbs’ most established and walkable dining, entertainment and commercial districts. The property is situated within the Vail Avenue/Campbell Street corridor, surrounded by restaurants, bars, live entertainment, retail, residential condominiums and community gathering spaces. Downtown Arlington Heights offers a pedestrian-oriented environment where patrons can easily combine dining, entertainment and nightlife within a few blocks. The Arlington Heights Metra Station is approximately two blocks away, providing direct service to Chicago’s Ogilvie Transportation Center, while multiple public parking garages—including the Vail Avenue Garage adjacent to the Property—provide convenient parking for downtown visitors. The Property’s approximately 4,000-square-foot restaurant and music-venue configuration, with capacity for approximately 300 guests, is exceptionally suited to the established entertainment character of the immediate area. The Property is directly across from Harmony Park and within an active concentration of dining and entertainment destinations. Downtown programming, including the seasonal Arlington Alfresco outdoor dining initiative, further enhances pedestrian activity throughout the district.
Location: Arlington Heights
Arlington Heights is a vibrant northwest suburb of Chicago known for its strong demographics, established residential base, thriving downtown, and convenient regional accessibility. Located approximately 25 miles northwest of downtown Chicago, the community benefits from direct Metra service, proximity to I-90 and Route 53, and convenient access to O’Hare International Airport. Downtown Arlington Heights serves as a walkable dining, shopping, and entertainment district featuring a mix of independent restaurants, national concepts, boutiques, professional services, and residential development. The community is also home to a strong corporate and employment base and draws customers from surrounding affluent northwest suburban communities. With its combination of high household incomes, population density, transportation access, active downtown, and established restaurant and entertainment scene, Arlington Heights is an attractive market for hospitality, retail, and service-oriented businesses. The community has also received significant attention due to the redevelopment potential of the former Arlington International Racecourse property, adding to the area’s long-term growth prospects.

 

Purchase Price $1,750,000 (R.E. & Bus.) Op/Ex $32,562.80
Size (Approx.) 4,112 SF (Comm. Condo.) Licenses Cabaret, Liquor, Retail Food 
Property Taxes $29,637.46 (2025)

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Contact

Georg Simos
Broker
312-575-0480 Ext. 113
georg@kudangroup.com
Georg is the Designated Agent of this listing.
Brian Laskov
Managing Broker
312-575-0480 Ext. 114
brian@kudangroup.com
Brian is the Designated Agent of this listing.

Juan Carlos Gomez
Principal
312-575-0480 Ext. 111
juancarlos@kudangroup.com

 

 

 

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Northwest Suburb – 10 S. Vail Ave., Arlington Heights, IL

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This opportunity along with industry news was featured on our most recent volume of the KG Weekender.  For a quarter century, Kudan Group has provided real estate and business brokerage opportunities to thousands of restauranteurs and other hospitality operators, as well as represented commercial property owners. 

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Free Standing Single-Tenant Restaurant and Brewery for Sale. kudangroup.com/breweries-and-distilleries/western-suburb-elmhurst-169-171-n-addison-st/

This opportunity along with industry news was featured on our most recent volume of the KG Weekender. For a quarter century, Kudan Group has provided real estate and business brokerage opportunities to thousands of restauranteurs and other hospitality operators, as well as represented commercial property owners.

View full weekender email here: conta.cc/4dSiBaV Join our growing community to be in the know.
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2 years ago