Conventional Restaurant

Grayslake, IL Conventional Restaurants for Sale

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Mchenry, IL Lake Villa, IL Round Lake Beach, IL Libertyville, IL Round Lake, IL Lindenhurst, IL Round Lake Park, IL Hainesville, IL
Multi-Level Restaurant and Bar
Updated: Jan 28
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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Move-In Chinese Restaurant Opportunity
Updated: Apr 13
Move-In Chinese Restaurant Opportunity

827 Center St, Grayslake, IL 60030

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1,100 sqft
Chinese restaurant operation for sale at 827 Center St, Grayslake, IL 60030 (zoned Commercial).
1,100 SF restaurant with dining area for 15 tables and seating for 26 patrons, plus kitchen and storage areas.
Includes built‑in kitchen equipment, inventory, supplies, and store outdoor sign; phone number and name convey.
Brand‑new roof A/C unit installed November 2019; hot water heater located in a separate room.
Restaurant has 2 restrooms and is described as ready to move in and take over.
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See what stands out in Lake County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Grayslake, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Mixed-Use Restaurant and Bar
Mixed-Use Restaurant and Bar

211 W Grass Lake Rd, Lake Villa, IL 60046

Contact for pricing
16,988 sqft

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

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Mixed-Use Property with Restaurant
Mixed-Use Property with Restaurant

1116-1122 North Diamond Lake Road, Mundelein, IL 60060

$1,450,000

Includes an operating restaurant, leased convenience store, and two residential units with supporting site improvements.

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Bar and Pub with Upstairs Apartment
Bar and Pub with Upstairs Apartment

211 W Grass Lake Road, Lake Villa, IL 60046

Contact for pricing

The property combines a full-service kitchen, dining areas, and an upstairs apartment.

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Brewery Restaurant with Patio
Brewery Restaurant with Patio

169 N Seymour Ave, Mundelein, IL 60060

Contact for pricing
8,198 sqft

Fully built-out brewery and restaurant with indoor dining, private events, and outdoor patio service.

View details

Grayslake, IL Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Grayslake, IL on our real estate platform. These investment opportunities span a total of 10,265 square feet of properties for sale, with an estimated market value of $3,750,000.

Sale prices for conventional restaurants in Grayslake, IL average $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 2
Bars & Pubs 1

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 $3.8M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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