Property summary
This fully operational restaurant in Lake County, Illinois, presents a unique investment opportunity. The 3,109 square foot space includes a full bar, dining room, kitchen, and banquet room. All furniture, fixtures, and equipment are included in the sale, along with a valuable 3-way liquor license. The property boasts 201 feet of frontage on Sheffield Avenue, enjoying high visibility with 7,995 cars passing daily (2023 INDOT data). A programmable lighted pylon sign enhances marketing potential. Strategically located just 0.7 miles from the future South Shore train station, this property benefits from excellent access and proximity to major roadways (US Highway 30, 80/94) and local amenities including Dyer Park Department, Centennial Village, and nearby businesses. 2023/2024 property taxes are $22,015.70 ($2.15/SF). The total building size is 9,848 square feet, offering potential for expansion or partial leasing as office/retail space. The property is less than an hour from Chicago, providing access to a large customer base. Currently operating as a sports bar, this location is ready for immediate use or rebranding.
Property profile
VerifiedCap rate & NOI
Current use
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Interior Design Home Decor Store
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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