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Grayslake, IL Restaurants for Sale

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Renovated Storefront Building with Parking
$950,000
0.66 Acres

Renovated Storefront Building with Parking

55 Barron Blvd, Grayslake, IL 60030

Fully rented two-unit building on busy state highway.

  • Fully rented two‑unit storefront building.
  • Located on a busy state highway in the heart of Grayslake.
  • Includes a separate parking lot parcel.
  • One unit is a large 4,800 SF space with two overhead doors.
  • Completely renovated in 2005.
Updated: Dec 2, 2025
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Prime Corner Location in Grayslake
$629,900
0.14 Acres

Prime Corner Location in Grayslake

102-106 Center St, Grayslake, IL 60030

Thriving downtown location with redevelopment potential for restaurant/bar.

  • Prime corner location in downtown Grayslake (Center St & Slusser St).
  • Located across from restaurants, stores, apartments and condos.
  • Redevelopment opportunity with downtown zoning (CB) allowing up to four stories.
  • Includes a private parking lot for 9 cars.
  • Currently has 2,500 SF of vacant space.
Updated: Sep 16, 2025
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Based on your search, we've compiled 26 Potential Opportunities for your consideration. Besides 2 Active listings in Grayslake, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 20 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Gurnee Restaurant - Turnkey Opportunity
$1,500,000
7,800 SF

Gurnee Restaurant - Turnkey Opportunity

Established Restaurant, 7,800 SF, Prime Location

7680 Grand Ave, Gurnee, IL 60031
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Gurnee Restaurant Building on Corner
Contact for pricing
7,220 SF

Gurnee Restaurant Building on Corner

7,220 SF restaurant on 2.18 AC corner lot.

6577 Grand Ave, Gurnee, IL 60031
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Versatile Commercial Property in Lindenhurst
$1,600,000
1.25 Acres

Versatile Commercial Property in Lindenhurst

Adaptable commercial space with retail, restaurant, and office potential.

625 N Bridgeport Ter, Lindenhurst, IL 60046
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Turnkey Restaurant and Real Estate
$899,990
0.89 Acres

Turnkey Restaurant and Real Estate

Successful Mexican seafood restaurant with real estate for sale.

1440 E Grand Ave, Lindenhurst, IL 60046
View details

Explore Off-Market Properties in Grayslake, IL

Consider similar Off-Market properties in Grayslake, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

115 Illinois 83

115 Illinois 83

Restaurants • 2,790 SF
Value Estimation by Request
115 Illinois 83, Grayslake, IL 60030
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115 Us-45

115 Us-45

Restaurants
Value Estimation by Request
115 Us-45, Grayslake, IL 60030
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1276 Illinois 83

1276 Illinois 83

Restaurants • 5,500 SF
Value Estimation by Request
1276 Illinois 83, Grayslake, IL 60030
View details
161 Ctr St

161 Ctr St

RESTAURANT • 3,949 SF
Value Estimation
$240,000
161 Ctr St, Grayslake, IL 60030-1532
View details
18580 Old Gages Lk Rd

18580 Old Gages Lk Rd

BAR, TAVERN • 3,970 SF
Value Estimation
$260,000
18580 Old Gages Lk Rd, Grayslake, IL 60030-1775
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33251 Us Hwy 45

33251 Us Hwy 45

RESTAURANT • 5,164 SF
Value Estimation by Request
33251 Us Hwy 45, Grayslake, IL 60030-2210
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115 Il Rte 83

115 Il Rte 83

RESTAURANT • 2,790 SF
Value Estimation
$420,000
115 Il Rte 83, Grayslake, IL 60030-1619
View details
133 Ctr St

133 Ctr St

RESTAURANT • 7,740 SF
Value Estimation by Request
133 Ctr St, Grayslake, IL 60030
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454 Ctr St

454 Ctr St

RESTAURANT • 798 SF
Value Estimation
$210,000
454 Ctr St, Grayslake, IL 60030-1626
View details
131 Hawley St

131 Hawley St

RESTAURANT • 528 SF
Value Estimation
$75,000
131 Hawley St, Grayslake, IL 60030-1514
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225 Ctr St

225 Ctr St

RESTAURANT • 1,140 SF
Value Estimation
$250,000
225 Ctr St, Grayslake, IL 60030-1534
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199 Mcmillan St

199 Mcmillan St

RESTAURANT • 221 SF
Value Estimation by Request
199 Mcmillan St, Grayslake, IL 60030
View details
1874 Belvidere Rd

1874 Belvidere Rd

RESTAURANT • 2,844 SF
Value Estimation
$1,945,000
1874 Belvidere Rd, Grayslake, IL 60030-2289
View details
1239 Il Rte 83

1239 Il Rte 83

RESTAURANT • 4,436 SF
Value Estimation
$415,000
1239 Il Rte 83, Grayslake, IL 60030-7954
View details
159 Us Hwy 45

159 Us Hwy 45

RESTAURANT • 3,932 SF
Value Estimation
$625,000
159 Us Hwy 45, Grayslake, IL 60030-2203
View details
18517 Old Gages Lk Rd

18517 Old Gages Lk Rd

BAR, TAVERN • 2,958 SF
Value Estimation
$250,000
18517 Old Gages Lk Rd, Grayslake, IL 60030-1780
View details
775 Belvidere Rd

775 Belvidere Rd

RESTAURANT • 1,956 SF
Value Estimation
$1,390,000
775 Belvidere Rd, Grayslake, IL 60030-2466
View details
101 Ctr St

101 Ctr St

RESTAURANT • 4,760 SF
Value Estimation by Request
101 Ctr St, Grayslake, IL 60030-3661
View details
125 Ctr St

125 Ctr St

RESTAURANT • 3,400 SF
Value Estimation
$265,000
125 Ctr St, Grayslake, IL 60030-1532
View details
1804 Belvidere Rd

1804 Belvidere Rd

RESTAURANT • 3,843 SF
Value Estimation
$615,000
1804 Belvidere Rd, Grayslake, IL 60030-2289
View details

Grayslake, IL Restaurants Investment Opportunities Market Analysis

Explore 22 restaurants for sale in Grayslake, IL on our real estate platform. These investment opportunities span a total of 293,944 square feet of properties for sale, with an estimated market value of $8,654,900.

Prices for restaurant properties in Grayslake, IL start at $85,000, averaging $540,931, and reaching up to $2,030,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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