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Equipped Restaurant with Bar

69 Washington Street, Ingleside, IL 60041

For Sale
$295,000

A multi-area dining and gaming operation includes commercial kitchen equipment and a separate upper-level space.

Property Size4,800 SF
Lot Size0.77 Acres
Price / SF$61.46
Days on Market708

Property Features for 69 Washington Street

General Information

Standard status Active
Size 4,800 SF
Lot size 0.77 Acres
Property subtype Commercial
Zoning COMMR

Restaurant

Seating Capacity 110
Commercial Hood Yes

Taxes and HOA fees

Annual Taxes $12,267

Building Details

Building Size 4,800 SF
Year Built 1947
Stories 2
Listing Agency: Coldwell Banker Commercial NRT
Listed By: Paul Proano · License #475170890
Source: Gogginrealestate
Added: Dec 2, 2024 Changed: Nov 8 Last Checked: Nov 8 at 7:32PM

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

Rey
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Investment Insights

Based on property information with market context.

This 4,800-square-foot restaurant occupies five parcels totaling 0.77 acres. The kitchen is outfitted with a 15-foot hood, prep area, walk-in cooler, and multiple stand-alone freezers. Dining space seats up to 110 guests, with a separate bar and a gaming area containing four machines; the area can accommodate two additional machines. An upstairs area offers space for storage or office use, and parking is provided across the parcels. The building dates to 1947 and is zoned COMMR.

The property is in Ingleside, near Route 59 and Fox Lake, with access to Route 12. Nearby context includes lakes and residential subdivisions, and downtown Fox Lake is a short drive away.

Key Highlights

  • 4,800‑square‑foot restaurant on 0.77 acres across five parcels
  • Kitchen includes a 15‑foot hood, prep area, walk‑in cooler, and multiple stand‑alone freezers
  • Dining area seats up to 110 guests, with a separate bar and gaming area

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Building Supply Hair Salon

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

Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

72
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Conventional restaurants in Lake County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A multi-area dining and gaming operation includes commercial kitchen equipment and a separate upper-level space.
Where is this conventional restaurant located?
The property is located at 69 Washington Street Ingleside, IL.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 4,800‑square‑foot restaurant on 0.77 acres across five parcels; Kitchen includes a 15‑foot hood, prep area, walk‑in cooler, and multiple stand‑alone freezers; Dining area seats up to 110 guests, with a separate bar and gaming area
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