Lake Villa, IL Bars & Pubs for sale

Updated: Aug 12

Mixed-Use Restaurant With Apartment

211 W Grass Lake Road, Lake Villa, IL 60046

Contact for pricing

Recently remodeled apartment above the restaurant and bar
Full kitchen with lunch and dining service areas
Large bar with video gaming, pool table, darts, ATMs, and touch tunes
Patio and on‑site parking included
Basement utility and storage area with keg cooler room

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Updated: Mar 18

Turn-Key Restaurant and Bar Opportunity

10 W Grand Avenue, Lake Villa, IL 60046

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Turn‑key restaurant and bar ready for immediate operation, skipping the build‑out phase.
High‑volume rectangular bar with multiple televisions and a professional commercial equipment package.
Seating for 100 guests in the main dining area plus a private dining room for 12.
Large and exceptionally clean kitchen designed for speed and high table turnover.
Located in an area with high household incomes and significant demand for new dining options.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 Active listings in Lake Villa, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Bar Property with Apartment

35480 N Fairfield Road, Round Lake, IL 60073

$699,000

0.36 AC lot

Operational bar setup includes pool tables, video gaming, walk-in refrigeration, and central air.

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Waterfront Tavern with Apartments

137-139 Arthur Avenue, Fox Lake, IL 60020

$579,000

0.31 AC lot

Former tavern with seven vacant apartments, lake frontage, piers, and a waterfront deck.

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Lakefront Tavern and Rental Units

139 Arthur Avenue, Fox Lake, IL 60020

Contact for pricing

4,400 sqft

Lakefront property combining a former tavern space with seven rental units in Fox Lake.

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Bar With Two-Bedroom Apartment

35480 N Fairfield Road, Round Lake, IL 60073

$699,000

Equipped commercial bar with pool tables, video gaming, walk-in refrigeration, and an apartment.

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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

100 S Walnut Street, Itasca, IL 60143

Contact for pricing

0.17 AC lot

$305,000

Estimated value

4,596 sqft 0.39 AC lot

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