120 North Hale Street, Wheaton, IL


Previous Next

About 120 North Hale Street

BUSINESS ONLY FOR SALE- *IVY RESTAURANT LLC* Well-Established Chophouse Restaurant in Downtown Wheaton for Sale Looking for a savvy business owner to take over this staple in Downtown Wheaton. Serving a sophisticated menu in the Western Suburbs for over 14 years, Ivy Restaurant offers a unique and beautiful sanctuary. The outdoor ivy and vines combined with the stained glass windows and central fireplace present a mood and experience not easily forgotten. The relaxed, upscale setting completes an unforgettable dining experience. Ivy Restaurant features a magnificent 30ft. vaulted dining room that can accommodate 175 patrons. Two private dining and event spaces perfect for cocktail parties, weddings, showers and other events. The Chef's Room can accommodate up to 20 guests with a fireplace overlooking the outdoor dining space. Up the winding staircase, The Board Room holds upto 50 people with a private bar and views of Downtown Wheaton. The outdoor patio is another sought-after space offering 3-season outdoor dining for 72 additional patrons. Intimate bar and lounge experience featuring an expansive, hand crafted walnut bar and capacity for 48. Free parking with easy access directly adjacent to the restaurant in a covered garage and in front on Hale Street. Unlimited revenue potential with catering, private space rentals and attracting crowds with live music events. Ivy Restaurant has hosted many long standing, annual community events and traditions. Some of the beloved events include the New Year's Eve Live Music Balloon Drop, Easter Brunch with Mimosa Bar, and Holiday Caroler Concerts during the month of December. Monthly lease has been renegotiated and has been LOWERED. The restaurant has also acquired a SECOND outdoor patio space along with the first floor of the back building that would be PERFECT for a carryout area or a private dining space/ bar. SO MUCH OPPORTUNITY!

Features of 120 North Hale Street

MLS® # 11310847
Price $1,000,000
Bathrooms 0.00
Acres 0.00
Type Business Opportunity
Sub-Type Bus / Bus w/Real Est
Status Active

Community Information

Address 120 North Hale Street
Area Wheaton
City Wheaton
County Du Page
State IL
Zip Code 60187


Is Waterfront No
Has Pool No


Cooling Central Air
Fireplace No
Has Basement No

Additional Information

Days on Market 496
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Realty

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?