Lee & Associates of Illinois Negotiates a $1M Sale of Buddy’s Bites N Brews Restaurant in Mount Prospect, IL

Lee & Associates, one of the largest national commercial real estate providers, negotiated the 4,669-square-foot sale of Buddy’s Bites and Brews at 702-718 N River Road, Mount Prospect, IL. The $1 million sale closed on April 30th, 2024.

Both the seller, restaurant and hospitality operator Ala Carte Entertainment, and the buyer, Platinum Doors, were represented by Rick Scardino, Principal, of Lee & Associates.

According to Scardino, “This site became an extra unit for the Ala Carte portfolio after purchasing, renovating, and anchoring a well-positioned strip center near Rosemont a few years ago. The new owner plans to continue operating the unit as Buddy’s Bites n Brews but in time featuring live South American music.” This is the sixth transaction Scardino has aided Ala Carte in over the years..

About Lee & Associates

Lee & Associates offers an array of real estate services tailored to meet the needs of the company’s clients, including commercial real estate brokerage, integrated services, and construction services. Established in 1979, Lee & Associates is now an international firm with offices throughout the United States and Canada. Our professionals regularly collaborate to make sure they are providing their clients with the most advanced, up-to-date market technology and information. For the latest news from Lee & Associates, visit lee-associates.com or follow us on FacebookLinkedInTwitter and Link, our company blog. For more Lee & Associates of Illinois happenings, connect with us on LinkedIn, Twitter and Instagram.