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211 W Grass Lake Road

Lake Villa, IL 60046
  • $0
  • STATUS: Active
  • MLS #: 12721098
UPDATED: 129 min ago
$0
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Description

Opportunity to own and operate a business with Mutiple income sources. Property is restaurant/Bar and so much more. There is an apartment above the business that has been recently remolded and could be rented out for additional income or to live in while you run the business. There is a full kitchen with lunch and dining services. Breakfast should be added to increase income. A large bar that is very popular in the area. Video Gaming, pool table, darts, Multiple ATM's and touch tunes. This location has a large patio and plenty of parking. Basement is used for utilities/storage and has been updated with a new keg cooler room for the upstairs taps. New well and pump just added Hundreds of thousands in recent updates. The property can be sold many ways. Just business or just real estate. Just Real Estate- $580,000. Just the business- $269,000 Everything together business and real estate. Fun investment or job opportunity!

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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Captivate Real Estate Group | eXp Realty LLC.

Based on information submitted to the MLS GRID as of 2026-10-10T21:02:19.23 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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211 W Grass Lake Road Lake Villa, IL 60046

  • Price: $0
  • Status: Active
  • On Site: Days
  • Updated: 129 min ago
  • MLS #: 12721098
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Lake Villa / Lindenhurst
County:
Lake
Area:
Lake Villa / Lindenhurst
Property Description
Opportunity to own and operate a business with Mutiple income sources. Property is restaurant/Bar and so much more. There is an apartment above the business that has been recently remolded and could be rented out for additional income or to live in while you run the business. There is a full kitchen with lunch and dining services. Breakfast should be added to increase income. A large bar that is very popular in the area. Video Gaming, pool table, darts, Multiple ATM's and touch tunes. This location has a large patio and plenty of parking. Basement is used for utilities/storage and has been updated with a new keg cooler room for the upstairs taps. New well and pump just added Hundreds of thousands in recent updates. The property can be sold many ways. Just business or just real estate. Just Real Estate- $580,000. Just the business- $269,000 Everything together business and real estate. Fun investment or job opportunity!
Exterior Features

Lot Size Less Than .25 Acre Outdoor Parking 19-30 Spaces Waterfront YN No

Interior Features

Cooling Central Air Heat Ventilation Gas

Property Features

Adjusted Net Income 97071 Adjusted Net Income Year 2024 Annual Rent For Real Estate 48000 Building Area Total 16988 Business Age 1-3 Years Business Type Bar/Tavern/LoungeFood & BeverageRestaurant Corporate Limits Lake Villa Current Use Commercial Gross Profit Year 2024 Gross Sales Annual 201269 Gross Sales Annual Year 2024 Mls Actual Status Active Operating Expense 141612 Ownership Type Individual Property Offered For Rent Only Real Estate Included Yes Rental Price 3.6 Sale Price Includes LandBuildingBusiness Tax Annual Amount 6500 Tax Year 2023 Tenant Pays Air ConditioningElectricityHeatInsuranceScavengerSewerVaries by TenantAll Utilities Type Bus / Bus w/Real Est Type Of Lease Net Lease Zoning COMMR

Listing courtesy of © 2026 Midwest Real Estate Data LLC as distributed by MLS GRID.
Listing provided courtesy of Real Broker, LLC: 217-960-8605.



© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Captivate Real Estate Group | eXp Realty LLC.

Based on information submitted to the MLS GRID as of 2026-10-10T21:02:19.23 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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Captivate Real Estate Group | eXp Realty LLC
939 W North Ave Suite 750
Chicago IL, 60642