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Breweries for Sale within 50 kilometers of Mundelein, IL, USA

More details for Randolph Hotel Lakefront Portfolio – for Sale, Fox Lake, IL

Randolph Hotel Lakefront Portfolio

  • Brewery
  • Mixed Types for Sale
  • $2,037,000 CAD
  • 2 Properties | Mixed Types

Fox Lake Portfolio of properties for Sale - Central Northwest

Prime Waterfront Investment Portfolio | Iconic Randolph Hotel + 5-Unit Lakefront Rental Property Property Overview Rare opportunity to acquire two adjacent waterfront investment properties in the heart of Fox Lake, directly on Nippersink Lake and the Chain O’ Lakes. Offered together or separately, 115 and 117 Nippersink Rd present a unique combination of hospitality, multifamily, short-term rental, restaurant/bar tenancy, and lakefront redevelopment upside. Located just steps from Fox Lake’s newly developed lakefront park, beach, amphitheater, splash pad, boardwalk, fishing access, and community event space, these properties are positioned in one of the most walkable and highly visible lakefront locations in the market. 115 Nippersink Rd, Fox Lake, IL For Sale: $950,000 Approx. 4,916 SF Property Description 115 Nippersink Rd, known as the historic Randolph Hotel, is one of Fox Lake’s most recognizable and storied lakefront landmarks. This recently updated mixed-use waterfront property includes a fully furnished and operating 13-room hotel/hostel with shared bathrooms, a 2-bedroom, 1-bath apartment with full kitchen and private bathroom, and a first-floor commercial space leased to Black Lung Brewing. The property features approximately 53 feet of prime Nippersink Lake frontage, outstanding lake views, and direct proximity to boating, fishing, dining, entertainment, and the Chain O’ Lakes lifestyle. The first-floor brewery/bar space provides an established commercial tenant, while the hotel/hostel rooms and apartment create multiple income streams within one iconic asset. With its waterfront setting, operating hospitality component, commercial tenancy, and landmark character, 115 Nippersink Rd offers investors a rare opportunity to own a highly visible lakefront property in the center of Fox Lake’s continued waterfront revitalization. Investment Highlights Iconic Randolph Hotel waterfront landmark Approx. 4,916 SF mixed-use investment property Fully furnished and operating 13-room hotel/hostel Shared bathroom hotel/hostel layout First-floor commercial space leased to Black Lung Brewing Additional 2-bedroom, 1-bath apartment with full kitchen Approx. 53 feet of Nippersink Lake frontage Excellent lake views and Chain O’ Lakes exposure Steps from Fox Lake’s new lakefront park, amphitheater, beach, splash pad, and boardwalk Multiple income streams: hospitality, residential, and commercial lease income Can be purchased separately or together with adjacent 117 Nippersink Rd 117 Nippersink Rd, Fox Lake, IL For Sale: $550,000 Approx. 3,608 SF Property Description 117 Nippersink Rd is a fully furnished 5-unit lakefront rental property located directly on the serene shores of Nippersink Lake, part of the Chain O’ Lakes in northern Illinois.? The property has been operating as short-term rentals and is currently in the process of transitioning to long-term rentals, offering investors flexibility between hospitality-style income, stabilized residential income, or a hybrid rental strategy. The unit mix includes three spacious 2-bedroom units and two charming 1-bedroom units, each with a private entrance, open-concept layout, updated kitchen, and modern bath finishes. Outdoor seating areas provide guests and residents with lakefront atmosphere, water views, and easy access to boating, fishing, and waterfront recreation. Located minutes from downtown Fox Lake, shopping, dining, and the Metra station, 117 Nippersink Rd offers a strong blend of lakefront lifestyle, rental demand, and convenience. The property is also located just up the road from Fox Lake’s new lakefront park, adding significant nearby amenity value for residents and guests. Investment Highlights Approx. 3,608 SF 5-unit lakefront rental property Located directly on Nippersink Lake / Chain O’ Lakes Fully furnished, plug-and-play investment opportunity Unit mix: three 2-bedroom units and two 1-bedroom units Each unit features private entrance, open layout, updated kitchen, and updated bath Currently transitioning from short-term rentals to long-term rentals Outdoor seating areas with lakefront atmosphere and water views Minutes to downtown Fox Lake, dining, shopping, and Metra Strong rental demand in a highly desirable lakefront setting Can be purchased separately or together with adjacent 115 Nippersink Rd Combined Portfolio Opportunity 115 and 117 Nippersink Rd may be purchased together as a rare adjacent lakefront investment portfolio totaling approximately 8,524 SF across two properties. Together, the offering includes a historic hotel/hostel, leased brewery/bar space, apartment, and 5-unit rental property, all positioned directly along Nippersink Lake in the heart of Fox Lake. This is a unique opportunity for an investor, hospitality operator, lakefront property owner, or value-add buyer to control a meaningful lakefront footprint with multiple existing income streams and future upside. Combined Asking Price 115 Nippersink Rd: $950,000 117 Nippersink Rd: $550,000 Combined Price: $1,500,000 Combined Portfolio Highlights Two adjacent lakefront investment properties Approx. 8,524 SF combined Hotel/hostel, brewery/bar tenant, apartment, and 5 rental units Direct Nippersink Lake / Chain O’ Lakes frontage Rare walkable lakefront location in downtown Fox Lake Steps from new public lakefront park and entertainment amenities Flexible investment strategy: hospitality, multifamily, short-term rental, long-term rental, or mixed-use income Strong visibility, lakefront appeal, and long-term ownership upside Summary Rare opportunity to acquire two adjacent waterfront investment properties on Nippersink Lake in the heart of Fox Lake. 115 Nippersink Rd, the historic Randolph Hotel, is an approx. 4,916 SF mixed-use lakefront property featuring a fully furnished and operating 13-room hotel/hostel, a 2-bedroom apartment, and first-floor commercial space leased to Black Lung Brewing. 117 Nippersink Rd is an approx. 3,608 SF fully furnished 5-unit lakefront rental property with three 2-bedroom units and two 1-bedroom units, currently transitioning from short-term rentals to long-term rentals. The properties may be purchased separately or together for a combined 8,524 SF lakefront investment portfolio steps from Fox Lake’s new lakefront park, beach, amphitheater, splash pad, boardwalk, fishing access, downtown Fox Lake, dining, shopping, and Metra.

Contact:

Remax Commercial

Property Subtype:

Mixed Types

Date on Market:

2026-04-27

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More details for 115 Nippersink Blvd, Fox Lake, IL - Hospitality for Sale

The Randolph Hotel - 115 Nippersink Blvd

Fox Lake, IL 60020

  • Brewery
  • Hospitality for Sale
  • $1,290,100 CAD
  • 6,478 SF
  • Restaurant

Fox Lake Hospitality for Sale - Central Northwest

115 Nippersink Rd, known as the historic Randolph Hotel, is one of Fox Lake’s most recognizable and storied lakefront landmarks. This recently updated mixed-use waterfront property includes a fully furnished and operating 13-room hotel/hostel with shared bathrooms, a 2-bedroom, 1-bath apartment with full kitchen and private bathroom, and a first-floor commercial space leased to Black Lung Brewing. The property features approximately 53 feet of prime Nippersink Lake frontage, outstanding lake views, and direct proximity to boating, fishing, dining, entertainment, and the Chain O’ Lakes lifestyle. The first-floor brewery/bar space provides an established commercial tenant, while the hotel/hostel rooms and apartment create multiple income streams within one iconic asset. With its waterfront setting, operating hospitality component, commercial tenancy, and landmark character, 115 Nippersink Rd offers investors a rare opportunity to own a highly visible lakefront property in the center of Fox Lake’s continued waterfront revitalization. Iconic Randolph Hotel waterfront landmark Approx. 4,916 SF mixed-use investment property Fully furnished and operating 13-room hotel/hostel Shared bathroom hotel/hostel layout First-floor commercial space leased to Black Lung Brewing Additional 2-bedroom, 1-bath apartment with full kitchen Approx. 53 feet of Nippersink Lake frontage Excellent lake views and Chain O’ Lakes exposure Steps from Fox Lake’s new lakefront park, amphitheater, beach, splash pad, and boardwalk Multiple income streams: hospitality, residential, and commercial lease income Can be purchased separately or together with adjacent 117 Nippersink Rd

Contact:

Remax Commercial

Property Subtype:

Hostel

Date on Market:

2026-04-27

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More details for 4375 N Elston Ave, Chicago, IL - Retail for Sale

4375 N Elston - 4375 N Elston Ave

Chicago, IL 60641

  • Brewery
  • Retail for Sale
  • $984,550 CAD
  • 6,460 SF
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More details for 27W530 High Lake Rd, Winfield, IL - Retail for Sale

27W530 High Lake Rd

Winfield, IL 60190

  • Brewery
  • Retail for Sale
  • $2,376,500 CAD
  • 13,347 SF
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More details for 2323 N Milwaukee Ave, Chicago, IL - Retail for Sale

Revolution Brewing - 2323 N Milwaukee Ave

Chicago, IL 60647

  • Brewery
  • Retail for Sale
  • $4,481,400 CAD
  • 12,500 SF
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More details for 2095 S Kirk Rd, Geneva, IL - Retail for Sale

2095 S Kirk Rd

Geneva, IL 60134

  • Brewery
  • Retail for Sale
  • $1,969,100 CAD
  • 6,400 SF
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More details for 5522 6th Ave, Kenosha, WI - Retail for Sale

Kenosha Main Street, LLC. - 5522 6th Ave

Kenosha, WI 53140

  • Brewery
  • Retail for Sale
  • $4,413,500 CAD
  • 37,800 SF
  • Commuter Rail
  • Metro/Subway
  • Restaurant
  • Waterfront

Kenosha Retail for Sale - Kenosha East

Rare Downtown Kenosha Landmark with Parking & Redevelopment Potential! Iconic 1923 limestone corner building with 37,800 SF across two stories plus adjoining 70-car private parking lot—a true rarity in Kenosha’s revitalized waterfront district. Situated at the city’s most vibrant intersection, this former Chase Bank offers unmatched visibility, historic character, and modernized interiors. • Building Features: Soaring ceilings, grand architecture, elevator, multiple stairwells (street, parking lot & lobby access), flexible open layouts, 10 executive offices, large conference room, restrooms, and spacious loft-style second floor with lake and harbor views. • Prime Location: On the historic streetcar loop, just steps from Metra commuter rail to Chicago, the harbor, shops, restaurants, and Kenosha’s thriving arts scene. Positioned between Milwaukee and Chicago in a metro of 100,000+ residents. • Investment Highlights: • Largest available building in the district—ideal for flagship restaurant, brewery, retail, or mixed-use redevelopment • Three tax parcels, including two adjoining parking lots with development potential • Qualifies for 25% Wisconsin Historic Tax Credit • Located in a Federal Opportunity Zone with 100% capital gains rollover potential • First time in 90 years without a long-term lease—unique repositioning opportunity • Over $90M in active downtown capital projects nearby, additional $400 M planned & approved This is truly one of Downtown Kenosha’s premier commercial assets—a rare chance to own a cornerstone property with stable income options today and transformative redevelopment potential for the future.

Contact:

Clovis Point Llc

Property Subtype:

Restaurant

Date on Market:

2017-12-13

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More details for 2821-2823 N Milwaukee Ave, Chicago, IL - Retail for Sale

2821-2823 N Milwaukee Ave - 2821-2823 N Milwaukee Ave

Chicago, IL 60618

  • Brewery
  • Retail for Sale
  • Price Upon Request
  • 10,000 SF

Chicago Retail for Sale - Northwest City

Baum Realty Group, LLC has been exclusively retained to offer for sale 2821-23 N. Milwaukee Avenue, a two-story mixed-use building at the nexus of Chicago’s Logan Square and Avondale neighborhoods. Located at the highly visible hard corner of the six-way Milwaukee / Diversey / Kimball intersection, the Property sits on approximately 6,100 SF of land fronting the public plaza known as Solidarity Triangle, highlighting the building’s visibility and pedestrian access. The building contains nearly 10,000 SF of interior space, with roughly 6,000 SF of ground floor retail, formerly occupied by the acclaimed bar, Crown Liquors, with a packaged goods license, tavern license and sidewalk cafe license available to be transferred to a new owner. The ground level also contains a ±2,000 SF annex space with exposed brick and 14+ foot ceilings, uniquely suited for various uses such as a brewery, coffee roastery or venue space. The second floor of the building totals nearly 4,000 SF and is configured with bright and open office conditions. The building also contains a billboard leased to Clear Channel that expires in 2028, generating additional income for a new owner. The Property’s B2-2 zoning provides optionality and flexibility in terms of future use possibilities, including upper floor residential. Its high-profile location in the city’s 35th ward (Ald. Quezada) is easily accessible by public transit, with stops for three different bus lines on Milwaukee, Diversey and Kimball all located within a block of the building, and two CTA Blue Line ‘L’ Stations (Logan Square and Belmont) less than ½ mile away. I-90/94 is located roughly ½ mile due north of the property.

Contact:

Baum Realty Group, LLC

Property Subtype:

Storefront

Date on Market:

2026-04-22

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Breweries For Sale

Breweries

What is a brewery?

Breweries are businesses that manufacture beer and sell it to the public or other businesses. Breweries employ people whose jobs are involved in virtually every aspect of the business, including brewing beer and other beverages as well as selling products to distributors or directly to customers. A number of breweries also have tasting rooms where customers can try beers on tap that are available nowhere else.

What is a brewpub?

A brewpub is a type of brewery that also serves food for on-site consumption, although many brewpubs now have off-premise licenses as well. A brewpub differs from a tavern in that all of its beer is brewed on the premises, instead of simply acquiring it from an off-site source.

What is a microbrewery?

A microbrewery or craft brewery is usually an independently owned and operated company that produces small batches of beer using traditional ingredients like malted barley; other breweries may use adjuncts such as corn or rice. The term "microbrewery" was coined by the New York Times in June 1985, in an article about Siebel Institute of Technology's graduate program in brewing technology.

The distinction between a brewery and a microbrewery is somewhat ambiguous, however, since there are no clear definitions for either. In addition, different classifications of microbreweries exist, depending on the national brewing standards that are used.

What is a tap room in a microbrewery?

A tap room is an area that houses beer to be served on-premise at a brewery. At brewpubs the term may refer to a location where people gather to drink beer, eat meals and listen to music or watch sports events on television. Tap rooms are places where customers can taste various beers that the brewery makes to determine whether they want to buy a full glass of it. They may also be able to purchase additional bottles or growlers for consumption off-site, depending on the laws of their state.

Are breweries popular for investors, should I buy a brewery?

Despite the fact that many breweries are small businesses with sales below $1 million, they have achieved amazing popularity as an investment opportunity. Many investors in breweries are avid beer enthusiasts, but others see the investment as a way to earn strong returns on their money in an era of low interest rates.

Breweries can require significant investments with many businesses spending a large sum per year in rent, equipment and other business-related expenses. Because most breweries are open only a limited number of hours each week or month, it can take a longer to recoup costs and earn a profit. Many breweries therefore require investment from investors who have little to no interest in the day-to-day operations, but simply want to invest money while having some of it managed by others with experience in the industry.

Why should I start a brewery?

While the business of brewing beer may not be right for everyone, you'll learn to appreciate why brewers are passionate about making superior beers when you're involved in it as a business. You can take pride in knowing that you produced something that people enjoy and benefit from.

Because the industry is so competitive, you'll also need to have a true passion for beer if you want to succeed with your brewery. You need to consider carefully why you want to start a brewery, and whether or not that is the best decision for you. It takes dedication and hard work to launch a new business, especially one as complex as a brewery.

How do I get started?

The first step in opening a brewery is finding a suitable location. The main factor in starting a brewery is location, and. It's more than just getting a "deal." Look for an old brewery - or some other established building in close proximity to your target market. You don't have to spend a large sum of money on renovations if you can find one that's been renovated already or has up to date infrastructure.

In summary, there are many steps involved in starting a brewery. They include:

  1. Find the right location and secure funding for your business.
  2. Get the business plan ready and start negotiating with suppliers or distributors of brewing materials.
  3. Get the required licenses and permits in order.
  4. Build or renovate your brewery.
  5. Train staff for the brewery and purchase inventory and equipment.
  6. Test market your brand to consumers.
  7. Start selling beer!

Looking to lease a Brewery? View Breweries for lease