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7680 Grand Ave Gurnee, IL 60031

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For Sale
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Established Restaurant, 7,800 SF, Prime Location

Property size:
7,800 SF

Property Features for 7680 Grand Ave

General Information

Property type
Restaurants
Square Feet
7,800 SF

Building Details

Year Built
1990
Stories
1

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Listing Contact
Dan Winkowski
Dan Winkowski

Listing Agent: Dan Winkowski

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional turnkey restaurant opportunity is located at 7680 Grand Ave, Gurnee, IL 60031. The property boasts a substantial 7,800 square feet of space, situated on a sizable 49,319 square foot lot. Built in 1990, the single-story building is zoned C-3, offering flexibility for various commercial uses. The asking price is $1,500,000, translating to $192.31 per square foot. The interior features a fully equipped kitchen, complete with all furniture, fixtures, and equipment (FFE). A unique bar area, highlighted by a built-in tree design, adds character and ambiance. Further enhancing its versatility, a second-level party room provides ample space for private events or expanded dining capacity. The generous lot size presents potential for outdoor seating or future expansion. This established restaurant is ready for immediate operation, presenting a rare opportunity to acquire a thriving business in a desirable location within Lake County, Illinois. The property's prime location on Grand Avenue in Gurnee ensures high visibility and accessibility. This is an ideal investment for experienced restaurateurs seeking a well-established business with significant growth potential. The property's single-tenancy status offers streamlined management and control. The property's APN is 07074070160000.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Salutos Pizza & Pasta Restaurant

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Gurnee
County
Lake
State
Illinois
Longitude
-87.9920774
Latitude
42.3864515

FAQs

What type of property is this?
Restaurant - Established Restaurant, 7,800 SF, Prime Location
Where is this restaurant located?
The property is located at 7680 Grand Ave Gurnee, IL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Turnkey restaurant, 7,800 SF, on a 49,319 SF lot in Gurnee, IL.; Asking price: $1,500,000 ($192.31/SF).; Fully equipped kitchen, bar, and second-level party room included.
(847) 445-7325 Call to check price and availability
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