Conventional Restaurant

Libertyville, IL Conventional Restaurants for Sale

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Indian Fusion Restaurant with Private Dining
Updated: May 14
Indian Fusion Restaurant with Private Dining

620 N Milwaukee Ave, Libertyville, IL 60048

$199,000
Indian fusion restaurant operating since January 2023 (Singh’s Kitchen).
Approximately 120‑guest capacity with flexible private dining options for groups and events.
Over $750,000 in gross sales reported since opening, with strong, consistent cash flow.
About 80/20 split between American and Indian diners, indicating broad customer appeal.
Food‑to‑liquor revenue split of about 65/35 and a popular weekend buffet with strong attendance.
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Libertyville, 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.

Three-Unit Storefront Building
Three-Unit Storefront Building

55 Barron Boulevard, Grayslake, IL 60030

$899,900
0.66 AC lot

A separate parcel provides a parking lot alongside the commercial building.

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Multi-Level Restaurant and Bar
Multi-Level Restaurant and Bar

250 Center St, Grayslake, IL 60030

$3,750,000
9,165 sqft

Built-out foodservice and event property with commercial kitchen infrastructure, multiple dining areas, and outdoor patios.

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Single-Tenant Ground Leased Restaurant
Single-Tenant Ground Leased Restaurant

151 E Townline Rd, Vernon Hills, IL 60061

$3,578,947
3,454 sqft

Raising Cane’s is secured by a new 15-year triple-net ground lease through May 2041 with zero landlord responsibilities.

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Restaurant Property
Restaurant Property

545 Lakeview Parkway, Vernon Hills, IL 60061

$2,500,000

Central air and an exhaust fan are installed, with COMMR zoning.

View details

Libertyville, IL Conventional Restaurants Market Trends and Statistics

Explore 1 conventional restaurants for sale in Libertyville, IL on our real estate platform.

Sale prices for conventional restaurants in Libertyville, IL average $199,000 — 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

Bars & Pubs 2
Conventional restaurants 2
Coffee shops 1
Drive through restaurants 1

Demographics Overview

Population 29K
Population Growth (5Y) -0.4%
Median Household Income $169,283
College Educated 50.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
60048 $299K

Taxes & Financing

Tax Rate (average for all types) 7.69%
Property Tax per SF $91.39 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Libertyville fall within the 25,000 to 50,000 square foot range.

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