312-363-7477
401 W Dundee Rd, Wheeling, IL for Sale
Movie Theatre - FOR SALE
1/17
null | Request Cap Rate

NEW



HIGHLIGHTS

  • Dine-in theater featuring seven screens & 626 luxury recliner seats
  • Full-service kitchen offering in-seat dining, full bar with large seating area & modern lounge spaces
  • Highly visible location on Dundee Road with 23,000± VPD
  • Recent construction includes all modern amenities
  • High ceilings & flexible zoning allow for multiple entertainment venue or redevelopment options

OVERVIEW

Offer Deadline: July 31 by 5:00 p.m. (CT) Cinergy Dine-In Cinemas is a premier entertainment anchor located within Wheeling Town Center, a $110 million mixed-use development in downtown Wheeling, Illinois. The 40,000± SF venue features seven screens, 626 luxury recliner seats, in-seat dining, a full-service bar, lounge amenities and premium cinema technology, creating a modern experiential entertainment destination. Beyond traditional ticket sales, the property benefits from diversified revenue streams including food and beverage, concessions, gaming, private events and specialty programming. As the only operating movie theater in Wheeling, it serves as a regional draw for residents and neighboring affluent North Shore suburbs alike. The site is positioned within a walkable downtown environment featuring retail, restaurant and entertainment space, alongside a 300+ unit luxury residential community. The Metra station and Heritage Park, both adjacent to Wheeling Town Center, generate consistent foot traffic from residents, commuters and visitors year-round. Supported by strong demographics, built-in daily traffic, and a multi-revenue entertainment model, this property offers a unique opportunity to acquire a modern anchor asset in one of Chicago’s established suburbs.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Movie Theatre

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.31 AC

LAND SF

57,064 SF

ZONING

C

APN/PARCEL ID

03-11-108-023-0000

ASK ABOUT THIS PROPERTY

Chet EvansHilco GlobalMore Info
312-363-7477

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Chet EvansHilco GlobalMore Info
312-363-7477

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.