Marcus & Millichap Arranges $2.4 Million Sale of Restaurant, 227,685 Square Feet of Land in Metro Chicago

Wheeling, Ill. — Marcus & Millichap has negotiated the $2.4 million sale of Pete Miller’s Steak House and 227,685 square feet of land in the Chicago suburb of Wheeling.

Richard Kozarits and Joseph Sigal of Marcus & Millichap marketed the property on behalf of the seller, a limited liability company. Kozarits also secured and represented the buyer, a private investor. Pete Miller’s Seafood and Prime Steak is located at 412 N. Milwaukee Ave. The property includes 150 dedicated parking spaces and 383 feet of frontage on Milwaukee Avenue.

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