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$990,000 -$110,000 (-10%) Price Reduced

  • For Sale
  • Active
  • Business
  • 4,061 Sq. Ft.
  • Updated 13 hours ago
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This location is well suited for a full-service restaurant concept complemented by banquet and private event facilities, serving weddings, corporate functions, receptions, and private celebrations. The surrounding communities of Des Plaines, Mount Prospect, and Park Ridge provide a strong residential customer base, while nearby hotels and businesses generate consistent corporate and hospitality demand. Located on a high-visibility corridor in Des Plaines, this property offers excellent access to major highways, O'Hare International Airport, and surrounding retail and residential neighborhoods. Ideal for restaurant, retail, office, or redevelopment. The location 740 N Wolf Rd in Des Plaines, IL, is the address for [Giacomo's Ristorante Italiano

Full Property Details for 740 N Wolf Rd

General

  • Price: $990,000
  • Taxes: $38,723 (2024)
  • Status: Active
  • Type: Business
  • Source: MRED
  • MLS ID: 12603390
  • Updated: 4/9/2026
  • Added to Site: 15 day(s) ago

Business

  • Name: Giacomo's Ristorante Italiano
  • Business Type: Restaurant
  • Years in Business: 11 or More
  • Seating Capacity: 51 to 75

Interior

  • Interior Features: Common Lunchroom(s), Accessible Entrance, Accessible Washroom/s, Inside Corridor(s), Janitorial Service, Public Restroom(s), Storage Inside

Location

  • Area: Des Plaines
  • County: Cook
  • Driving Directions: CORNER OF NORTH OF WOLF RD, EAST OF CENTRAL RD
  • Location Details: Corner, Public Transport Avail, Freestanding/Urban, In City Limits, High Traffic Area

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Ceiling Units, Central Building Heat, Forced Air, Gas, Hot Water

Structural Information

  • Construction: Brick, Block
  • Exterior Const.: Brick, Block
  • Roof: Tile
  • Stories/Levels: 1
  • Square Feet: 4,061
  • Current Bldg. Use: Commercial

Lot Features

  • Lot Size (Sq. Ft.): 11,024
  • Lot Size Range: .25 to .49 Acre
  • Lot Dimensions: 11024
  • Frontage: Public Road, Signal Intersection
  • Potential Use: Commercial
  • Zoning: COMMR

Financial Considerations

  • Lease Price: $6
  • For Sale/Rent/Lease: For Sale or Rent
  • Tax Amount: $38,723
  • Tax Year: 2024
  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Operating Stops, Taxes, Insurance, Repairs, Roof

Disclosures and Reports

  • Property ID: 3354070270260

Listed by ARNI Realty Incorporated

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— 740 N Wolf Rd —

  • ARNI Realty Incorporated

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 740 N Wolf Rd

School Districts:River Trails School District 26, Township High School District 214
NameGradesDistance
Prairie Trails School
805 North Burning Bush Lane, Mount Prospect, IL 60056
PK-K1.2 mi
Indian Grove Elementary School
1340 North Burning Bush Lane, Mount Prospect, IL 60056
1-51.7 mi
River Trails Middle School
1000 North Wolf Road, Mount Prospect, IL 60056
6-81.1 mi
John Hersey High School
1900 East Thomas Street, Arlington Heights, IL 60004
9-123.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 740 N Wolf Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/09/2026
Price Reduced
$990,000
-10%
MLS
3/26/2026
Listed
$1,100,000
76%
MLS
11/13/2023
Sold
$625,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 740 N Wolf Rd

Year
Property Taxes
Change
Tax Assessment
Change
2023
$18,723
5%
$65,362
—
2022
$17,912
-12%
$65,362
2%
2021
$20,342
3%
$64,000
—
2020
$19,757
8%
$64,000
-3%
2019
$18,264
—
$65,730
12%
2018
$18,228
2%
$58,809
—
2017
$17,920
6%
$58,809
—
2016
$16,830
9%
$58,809
18%
2015
$15,403
1%
$49,656
—
2014
$15,209
2%
$49,656
—
2013
$14,881
13%
$49,656
1%
2012
$13,116
—
$49,055
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by ARNI Realty Incorporated

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740 N Wolf Road, Des Plaines, IL 60016 (MLS# 12603390) is a Business property. 740 N Wolf Road is currently listed for $990,000 and was received on March 26, 2026. Want to learn more about 740 N Wolf Road? Do you have questions about finding other Business real estate for sale in Des Plaines? You can browse all Des Plaines real estate or contact a Coldwell Banker agent to request more information.

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