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10 W Grand Ave
Lake Villa, IL 60046

$1,100,000 USD

Restaurant For Sale  •  5,300 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 4,995 SF
  • Lot Size 0.4 AC
  • Building Class C
  • Year Built 1955
  • Tenancy Single
  • Zoning General Commercial
0 Transit Score
49 Walk Score

Highlights

Fully turn-key restaurant and bar ready for immediate operation
Located in a TIF district ripe for future development and investment
Prime Lake Villa location with high household income and high demand for dining
Main dining room seating for 100 guests
Private dining room for up to 12 guests for meetings or parties
Large, clean commercial kitchen designed for high-volume service and fast table turnover

Major Tenants

Tenant SF Occupied Lease End Date
Timothy Otooles 4,995 SF

Amenities

  • Corner Lot
  • Restaurant
  • Signage
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Lake Villa Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 2 min 7 min 0.3 mi
Round Lake Beach Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 6 min - 2.8 mi
Transit/SubwayDriveWalkDistance
Lake Villa Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 2 min 7 min 0.3 mi
AirportDriveWalkDistance
Chicago O'Hare International 74 min - 44.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Benjamin Lovinger 847-778-9519 Baird & Warner
Benjamin Lovinger 847-778-9519 Baird & Warner