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Move-In Chinese Restaurant Opportunity
For Sale
Contact for pricing
Pending

827 Center St, Grayslake, IL 60030

Restaurant space includes built-in kitchen equipment, dining for 26 patrons, and a brand-new roof A/C unit.

Property Size1,100 SF
Days on Market147

Property Features for 827 Center St

General Information

Standard status Pending
Size 1,100 SF
Property subtype Retail
Zoning Commercial

Additional Details

Business Included Yes
Traffic Count 22,000 vehicles/day

Building Details

Tenancy Multi
Listing Agency: Coldwell Banker Commercial NRT Libertyville
Listed By: Maureen Woodruff · License #MD
Source: Crexi
Added: Apr 13 Changed: Sep 4 Last Checked: Sep 1 at 7:00AM

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 Coldwell Banker Commercial NRT Libertyville

Investment Insights

Based on property information with market context.

This for-sale restaurant opportunity is presented as a ready-to-move-in Chinese restaurant operation, with built-in equipment, inventory, and supplies included, or the space can be converted to a new restaurant concept. The property includes a design dining area with seating for 26 patrons across 15 tables, plus kitchen and storage areas and two restrooms. Additional on-site support includes a hot water heater located in a separate room, and a brand-new A/C unit installed on the roof in November 2019.

The restaurant is located at 827 Center St in Grayslake, IL, with zoning identified as Commercial and plenty of parking. The remarks cite strong traffic counts of 22,000 cars per day, along with good visibility.

The sale includes stated materials such as the store outdoor sign, inventory, and equipment, and also notes that the phone number and name convey with the operation. The current location is described as having base rent of $1,750 per month and $440 per month for CAM, taxes, and insurance.

Key Highlights

  • 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.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Storage Facility Garden Center Parking Lot & Garage Pharmacy Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

22,000 VPD
Traffic count
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,073
Businesses Nearby
64k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 75% Groceries 18% Electronics 4% Dining 2%
Dollar Tree Shops & Services
12,291 visits/mo 0.4 miles
Butera Market Groceries
11,507 visits/mo 0.0 miles
Chase Bank Shops & Services
8,988 visits/mo 0.5 miles
Shell Shops & Services
6,788 visits/mo 0.5 miles
Pet Supplies Plus Shops & Services
6,459 visits/mo 0.5 miles

Demographics for 60030, IL

36,346
Population
15,006
Households
2.4
Avg Household Size
43
Median Age
49%
College-Educated
97%
High-School Grad
26.8 sq mi
ZIP Area
1,356
Density / Sq Mi
$104,920
Median Household Income
$55,766
Median Earnings
$1,526
Median Rent
$276,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant space includes built-in kitchen equipment, dining for 26 patrons, and a brand-new roof A/C unit.
Where is this conventional restaurant located?
The property is located at 827 Center St Grayslake, IL.
What are key features of this property?
This property features: 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.
More about this property
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