Turn-Key Restaurant and Bar
For Sale
Contact for pricing
10 W Grand Avenue, Lake Villa, IL 60046
Restaurant and bar in Lake Villa, ready for immediate operations.
Property SizeContact for details
Days on Market153
Property Features for 10 W Grand Avenue
General Information
Standard status
Active
Property subtype
Retail
Zoning
COMMR
Net Operating Income
$90,000
Building Details
Year Built
1955
Units
1
Listing Agency:
Baird & Warner Libertyville
(847) 778-9519
Listed By:
Benjamin Lovinger · License #IL 475198374
Source:
Crexi
Added: Mar 18
Changed: Aug 12
Last Checked: Aug 13 at 7:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Baird & Warner Libertyville
Investment Insights
Based on property information with market context.
This turn-key restaurant and bar is located at 10 W Grand Avenue in Lake Villa. The establishment features a large rectangular bar designed for high-volume service, equipped with multiple televisions and a commercial equipment package. The layout includes seating for 100 guests in the main dining area, plus a private dining room that accommodates up to 12. The property also features a large kitchen designed for speed and high table turnover. The beverage program is supported by walk-in coolers and a professional glycol tap system. A central AV control system manages all music and television displays throughout the building. This setup is suited for immediate operations in an underserved area.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
48
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60046, IL
34,690
Population
12,544
Households
2.8
Avg Household Size
41
Median Age
42%
College-Educated
94%
High-School Grad
23.0 sq mi
ZIP Area
1,508
Density / Sq Mi
$122,376
Median Household Income
$58,297
Median Earnings
$1,645
Median Rent
$282,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Restaurant - Restaurant and bar in Lake Villa, ready for immediate operations.
Where is this restaurant located?
The property is located at 10 W Grand Avenue Lake Villa, IL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 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.
