Listing Agency: Coldwell Banker Commercial NRT p***@cbexchange.com Show Phone

Listed By: Paul Proano · License #475170890 Show Phone

Source: Exprealty

Added: Apr 7, 2025 Changed: Aug 20 Last Checked: Aug 20 at 9:55AM

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Investment Insights

Based on property information with market context.

This 4,800-square-foot restaurant is situated on a 0.77-acre lot, comprising five individual parcels. The restaurant is equipped with a 15-foot hood, a dedicated prep area, a walk-in cooler, and multiple stand-alone freezers. The dining area accommodates up to 110 guests and includes a dedicated bar and a gaming area with four gaming machines, with the potential to add two more. An upstairs space is available for storage or office use. Ample parking is provided across the five lots. The property is located in Ingleside, an unincorporated community in Lake County, Illinois, between Fox Lake, Round Lake Heights, and Lake Villa, just off Route 59 and near Fox Lake. It is surrounded by other lakes and nearby residential subdivisions, with convenient access to Route 12, and is a short drive to downtown Fox Lake.

Key Highlights

• Fully equipped 4,800 sq ft restaurant ready for immediate operation.
• High‑capacity dining area seating 110 guests, plus a dedicated bar and gaming area.
• Essential kitchen equipment includes a 15‑foot hood, prep area, walk‑in cooler, and multiple freezers.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Hair Salon Pharmacy Grocery & Convenience Store (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

72

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 60041, IL

9,140

Population

3,621

Households

2.5

Avg Household Size

43

Median Age

29%

College-Educated

87%

High-School Grad

9.6 sq mi

ZIP Area

952

Density / Sq Mi

$91,569

Median Household Income

$49,427

Median Earnings

$976

Median Rent

$241,100

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?

Restaurant - Spacious, equipped restaurant with dining, bar, gaming, and ample parking.

Where is this restaurant located?

The property is located at 69 Washington St Ingleside, IL.

What is the asking price?

The asking price for this property is $395,000.

What are key features of this property?

This property features: Fully equipped 4,800 sq ft restaurant ready for immediate operation.; High‑capacity dining area seating 110 guests, plus a dedicated bar and gaming area.; Essential kitchen equipment includes a 15‑foot hood, prep area, walk‑in cooler, and multiple freezers.