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401 W Dundee Rd 36,880 SF Retail Building Wheeling, IL 60090 For Sale
Investment Highlights
- Dine-in theater featuring seven screens & 626 luxury recliner seats
- Highly visible location on Dundee Road with 23,000± VPD
- High ceilings & flexible zoning allow for multiple entertainment venue or redevelopment options
- Full-service kitchen offering in-seat dining, full bar with large seating area & modern lounge spaces
- Recent construction includes all modern amenities
Executive Summary
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.
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Movie Theatre
Building Size
36,880 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.65
Lot Size
1.31 AC
Zoning
C
Frontage
321’ on Northgate Pky
Fairly walkable
50/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 03-11-108-023-0000 | Improvements Assessment | $629,791 CAD |
| Land Assessment | $119,148 CAD | Total Assessment | $748,938 CAD |
Property Taxes
Parcel Number
03-11-108-023-0000
Land Assessment
$119,148 CAD
Improvements Assessment
$629,791 CAD
Total Assessment
$748,938 CAD
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401 W Dundee Rd
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