Bar & Pub

Grayslake, IL Bars & Pubs for Sale

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Mchenry, IL Hainesville, IL Round Lake Park, IL Lake Villa, IL Round Lake Beach, IL Libertyville, IL Round Lake, IL Lindenhurst, IL
Restaurant Building with Bar
Updated: Oct 8
Restaurant Building with Bar

161 Center Street, Grayslake, IL 60030

$1,489,999
4,702 sqft 0.13 AC lot
4,702‑square‑foot restaurant building on a 5,820‑square‑foot lot
Dining room seats 50; bar has 25 seats
Commercial kitchen with black iron cook area and ANSUL system
C‑B zoning; leased through September 2027
14‑foot ceilings and 200‑amp electrical service
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Multi-Level Restaurant and Bar
Updated: Nov 29, 2025
Multi-Level Restaurant and Bar

250 Center St, Grayslake, IL 60030

$3,750,000
9,165 sqft
9165 SQ Ft multi‑level restaurant and bar property
Upper and lower dining areas with outdoor patios and upper‑level outdoor dining
Commercial kitchen with black iron, ANSUL system, freezers, and catering areas
Second floor configured for private events and large parties
C‑B Zoning with full fire control and sprinkler systems
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See hot listings in Grayslake

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
2 active listings match your search: Bar for sale in Grayslake, IL. Based on your search, we've also compiled 7 Potential Opportunities for your consideration: 4 properties in nearby cities, 2 off-market properties to explore as potential leads, and 1 land listing with development potential.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property with Restaurant and Apartment
Mixed-Use Property with Restaurant and Apartment

211 W Grass Lake Road, Lake Villa, IL 60046

$700,000
Business included  0.39 acres

Restaurant and bar space is paired with an updated upstairs apartment and outdoor patio.

Utilities to site  Apartment above  Video gaming  Pool table  Darts  Multiple ATMs
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Mixed-Use Restaurant and Bar
Mixed-Use Restaurant and Bar

211 W Grass Lake Rd, Lake Villa, IL 60046

Contact for pricing
Business included  16,988 sqft

A recently remodeled apartment above the restaurant offers additional occupancy or rental use.

Video Gaming  Pool table  Darts  Multiple ATM's  Touch tunes
View details
Restaurant Business with Horseshoe Bar
Restaurant Business with Horseshoe Bar

955 E 173 Route, Antioch, IL 60002

$649,900
Business included

Restaurant business with banquet-ready dining space, horseshoe bar, private gaming area, and catering capability.

View details
Freestanding Sports Bar with Patio
Freestanding Sports Bar with Patio

26029 W Il Route 173 Highway, Antioch, IL 60002

$950,000
4,800 sqft  brick  1 building

Entertainment-focused bar with video gaming, billiards, patio space, and outdoor recreation amenities.

Patio  Video Gaming  Billiards  Ping Pong  Outdoor Fire pit  Volleyball courts  Garage
View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land in Itasca, IL
Commercial Land in Itasca, IL

100 S Walnut Street, Itasca, IL 60143

Contact for pricing
0.17 acres

Commercial land available for sale in Itasca, Illinois.

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Off-Market Properties in Grayslake, IL

Consider similar Off-Market properties in Grayslake, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

18580 Old Gages Lk Rd
BAR, TAVERN

18580 Old Gages Lk Rd, Grayslake, IL 60030-1775

Estimated value:
$285,000
3,970 sqft 0.40 AC lot
View details
18517 Old Gages Lk Rd
BAR, TAVERN

18517 Old Gages Lk Rd, Grayslake, IL 60030-1780

Estimated value:
$290,000
2,958 sqft 0.14 AC lot
View details

Grayslake, IL Bars & Pubs Market Trends and Statistics

Explore 4 bars & pubs for sale in Grayslake, IL on our real estate platform. These investment opportunities span a total of 13,867 square feet of properties for sale, with an estimated market value of $5,239,999.

Sale prices for pubs in Grayslake, IL start at $1,489,999, averaging $2,619,999, and reaching up to $3,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 4
Bars & Pubs 2

Demographics Overview

Population 36K
Population Growth (5Y) -3.4%
Median Household Income $104,920
College Educated 67.6%

High-Yield Neighborhoods for Investment

Identify Grayslake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60030 $2.6M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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