Turnkey 40,000± SF Movie & Entertainment Complex

401 W Dundee Rd, Wheeling, IL 60090

Property Information

  • For Sale Subject To Offer
  • Property Type Other
  • Property Size 36,880 SF
  • Lot Size 1.31 Acre
  • Property Tenancy Single Tenant
  • Year Built 2020
  • Date Updated Jun 6, 2026

Description

Located in Chicago’s North Shore suburban corridor, Wheeling offers a strong demographic profile and established consumer base that support retail, dining and entertainment demand. The village is home to an affluent population with household incomes above national averages and a balanced mix of families, young professionals and long-term residents, creating broad consumer appeal across multiple age groups. Anchoring downtown, Wheeling Town Center serves as the community’s central gathering place, benefiting from built-in residential density, direct Metra access and year-round foot traffic generated by retail, restaurants, community events and adjacent park district amenities. With its walkable design, transit-oriented location and consistent visitor activity, Wheeling Town Center has become a key destination within a market supported by strong demographics and steady consumer engagement.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.

Highlights

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

Contacts

Chet Evans

Hilco Global

Location

Contact Listing Broker
Chet Evans

Hilco Global

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