Tupelo Data Room
Bars, Pubs & Taverns, Pizza Restaurants
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Freestanding Pizzeria w/Bar Wonder Lake, IL - Property For Sale!

Wonder Lake, McHenry County, Illinois 60097, United States
Asking Price$325k
Revenue-
EBITDA-
Cash Flow-
Description
Fully-Equipped Freestanding Pizzeria w/Bar Wonder Lake, IL - Property For Sale! "A Longstanding Pizzeria For Over 70 Years In The Heart Of The Wonder Lake Recreational Corridor" An exceptional opportunity to acquire a freestanding restaurant & real estate in the heart of the Wonder Lake recreational corridor. This well-known property has served the community for decades under several recognizable concepts including Millie’s Pizza, Dusty’s Pizza & most recently Napoli Pizza Beach Bar. Its freestanding building currently features two separate rooms, one room with a small bar with 2-door glass cooler, fireplace, seating & space for video gaming + a second room with vaulted ceilings, expansive windows, skylights, ample seating & access to its wrap-around deck with additional outdoor seating. As well as a fully equipped kitchen with large hood, 2 double-stack Blodgett pizza ovens, 4-burner tabletop stove, flat top grill, 2 deep fryers, convection oven, dough mixer & roller, 2-door & 3-door sandwich prep coolers, 2-door stand-up cooler, 2 single-door stand-up freezers, walk-in cooler & freezer and more. In addition to a basement for extra storage & a detached 2 car garage. Well established over 70 years. Asset sale with property - all furniture, fixtures and equipment (FF&E) included. Currently closed. Previous owner had a liquor & gaming license, will need to re-apply for both. Opportunity Highlights: • Single-story freestanding building on .94 acre • Ample on-site parking with 32 parking spaces • Opportunity to reopen as a pizzeria, lake-themed dining, beach-style restaurant, tavern, sports bar, entertainment venue or event space • Flexible building layout adaptable to multiple hospitality concepts • Potential to also add a patio for additional seasonal lake-lifestyle dining • Highly recognizable location with a long history of local favorite dining concepts • Serving residents, boaters, visitors, vacationers & tourists Ideal For: • Pizza place • Family restaurant or casual dining spot • Tavern, lake-themed bar, sports bar • Live music or entertainment venue • Event or private party venue With the property included in the sale, buyers have the flexibility to reimagine the concept & build long-term value in a highly desirable lake community. Prime retail space in a freestanding building with pole sign & its own parking lot. Perfectly situated along Howe Rd, a primary E-W corridor connecting residential communities throughout Wonder Lake, the property benefits from excellent visibility, convenient access & proximity to numerous lakefront neighborhoods, parks and marinas. Well positioned just moments from Wonder Lake itself - 1 of McHenry County’s most popular boating, fishing & lake recreation destinations. The area attracts a steady mix of year-round residents, lake homeowners, weekend visitors & seasonal tourism traffic, creating an incredible opportunity for a buyer to introduce their own concept. Location Highlights: • Strong visibility along the Howe Rd corridor • Surrounded by established lakefront residential communities/seasonal cottages • Positioned near Wonder Lake’s recreational shoreline & boating • Near several other recreational areas & community attractions Nearby Destinations & Local Drivers: • Wonder Lake waterfront/marinas • Multiple public boat launches/lake access points • Wonder Lake State Park - over 3,000 acres of trails/wildlife habitat/outdoor recreation • Local parks, campgrounds & various other outdoor destinations • Popular snowmobile routes & winter recreation trails • Growing residential developments throughout Wonder Lake & McHenry County With the right vision/concept, a new owner can reestablish the property as Wonder Lake’s next popular dining and social destination! If interested, complete the short Contact Form or call the EatZ Broker on the right for more information. Showings by appointment only. Listed By Pat Mahoney at EatZ & Associates / EatZ Real Estate Group LLC
Real Estate
Owned
Building Size: 2800 sq. ft.
Furniture Fixtures & Equipment
$50k
Reason Selling
Retiring.
Facilities & Assets
Square Feet: 2,800 + Basement. Seating: 60 Inside & 40 Outside. Days/Hrs of Operation: Closed. Value of Inventory: Not Included In Asking Price. Year Established: 1955 Millie’s Pizza, 1992 Dusty’s Pizza, 2020 Napoli Pizza Beach Bar
Market & Competition
Wonder Lake is one of McHenry County’s most unique recreational communities, centered around a large 840-acre private lake (Wonder Lake) known for boating, fishing, waterskiing, snowmobiling and year-round outdoor activities. Its surrounding neighborhoods include thousands of lakefront homes, cottages and residential communities, creating a loyal local customer base. The area experiences significant seasonal visitation, particularly during the warmer months when boating & lake recreation bring additional traffic to local restaurants/gathering spots.
Growth Opportunities
Standalone restaurant properties in lake communities rarely come to market. Your chance to own both the building and real estate in one of McHenry County’s most recognizable recreational areas. Its history as a longstanding area destination demonstrates its viability as a gathering place for locals and visitors alike. With the right vision/concept, a new owner can reestablish the property as Wonder Lake’s next popular dining and social destination!
Financing Options
No.
Asking Price$325k