Grayslake, IL Restaurants for Sale

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Libertyville, IL Round Lake, IL Round Lake Beach, IL

$899,900

0.66 Acres

Grayslake Storefront Building For Sale

55 Barron Boulevard, Grayslake, IL 60030

Two-unit storefront building in Grayslake, fully rented, renovated in 2005.

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: Nov 22, 2025

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$629,900

3,150 SF

Prime Corner Location in Grayslake

102-106 Center Street, Grayslake, IL 60030

Thriving downtown location with redevelopment potential and private parking.

Prime corner location in downtown Grayslake with high visibility and traffic.
Redevelopment opportunity with downtown zoning allowing up to four stories.
Includes a private parking lot with 9 spaces.
Existing income from long‑term tenant (attorney).
Potential for restaurant/bar with two floors and outdoor dining.

Updated: Mar 11

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Renovated Storefront Building on Highway

$899,900

8,380 SF

Renovated Storefront Building on Highway

Two-unit storefront building with leases in place and parking.

55 N Barron Blvd, Grayslake, IL 60030

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$599,900

3,150 SF

Grayslake Corner Location For Sale

Prime corner location in downtown Grayslake with redevelopment potential.

102-106 Center St, Grayslake, IL 60030

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Based on your search, we've compiled 32 Potential Opportunities for your consideration. Besides 4 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, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

$3,050,000

5,331 SF

Gurnee, IL Chili's Restaurant

Single-tenant Chili's in Gurnee, Illinois near Gurnee Mills.

6030 Grand Ave, Gurnee, IL 60031

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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

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Mundelein Mixed-Use Investment Opportunity

$1,450,000

12,875 SF

Mundelein Mixed-Use Investment Opportunity

Fully equipped restaurant, convenience store, and residential units for sale.

1116 Diamond Lake Rd, Mundelein, IL

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High-Traffic Commercial Property For Sale

$750,000

3,503 SF

High-Traffic Commercial Property For Sale

3,500 sq ft commercial property in high-traffic area.

799 E Us Highway 45 Highway, Mundelein, IL 60060

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

$738,000

1.64 Acres

Antioch Land for Business Use

1.64 acre commercial land parcel in Antioch, Illinois.

1207 Main Street, Antioch, IL 60002

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$1,500,000

7.51 Acres

Island Lake Commercial Land Available

Highly visible 7.5 acre commercial land for sale.

NEC Route 176 & Westridge Drive, Island Lake, IL 60042

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$559,000

1.49 Acres

Waukegan Land Development Opportunity

Prime vacant land for commercial development in Waukegan, Illinois.

1213 Grand Avenue, Waukegan, IL 60085

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$750,000

1.36 Acres

Corner Lot in Beach Park

1.36 acre corner lot with high traffic visibility.

12640 W WADSWORTH Road, Beach Park, IL 60087

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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.

775 Belvidere Rd

RESTAURANT • 1,956 SF

Value Estimation

$1,390,000

775 Belvidere Rd, Grayslake, IL 60030-2466

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131 Hawley St

RESTAURANT • 528 SF

Value Estimation by Request

131 Hawley St, Grayslake, IL 60030-1514

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1874 Belvidere Rd

RESTAURANT • 2,844 SF

Value Estimation

$1,845,000

1874 Belvidere Rd, Grayslake, IL 60030-2289

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454 Ctr St

RESTAURANT • 798 SF

Value Estimation by Request

454 Ctr St, Grayslake, IL 60030-1626

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18580 Old Gages Lk Rd

BAR, TAVERN • 3,970 SF

Value Estimation by Request

18580 Old Gages Lk Rd, Grayslake, IL 60030-1775

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33251 Us Hwy 45

RESTAURANT • 5,164 SF

Value Estimation by Request

33251 Us Hwy 45, Grayslake, IL 60030-2210

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225 Ctr St

RESTAURANT • 1,140 SF

Value Estimation by Request

225 Ctr St, Grayslake, IL 60030-1534

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133 Ctr St

RESTAURANT • 7,740 SF

RESTAURANT • 3,843 SF

Value Estimation

$555,000

1804 Belvidere Rd, Grayslake, IL 60030-2289

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Grayslake, IL Restaurants Investment Opportunities Market Analysis

Explore 24 restaurants for sale in Grayslake, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 14,680 square feet of properties for sale, with an estimated market value of $2,129,700.

Sale prices for restaurant properties in Grayslake, IL start at $599,900, averaging $709,900, and reaching up to $899,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Demographics Overview

Population 36K

Population Growth (5Y) -3.4%

Median Household Income $104,920

College Educated 67.6%

High-Yield Neighborhoods for Strategic Investment

Identify Grayslake submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
60030	$764.9K

Taxes & Financing

Average Loan-to-Value 65.0%

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Grayslake, IL Restaurants for Sale

Grayslake Storefront Building For Sale

Two-unit storefront building in Grayslake, fully rented, renovated in 2005.

Prime Corner Location in Grayslake

Thriving downtown location with redevelopment potential and private parking.

Renovated Storefront Building on Highway

Grayslake Corner Location For Sale

Opportunities in Nearby Cities

Gurnee, IL Chili's Restaurant

Gurnee Restaurant Building on Corner

Mundelein Mixed-Use Investment Opportunity

High-Traffic Commercial Property For Sale

Potential Development Sites for Consideration

Antioch Land for Business Use

Island Lake Commercial Land Available

Waukegan Land Development Opportunity

Corner Lot in Beach Park

Off-Market Properties in Grayslake, IL

775 Belvidere Rd

131 Hawley St

1874 Belvidere Rd

454 Ctr St

18580 Old Gages Lk Rd

33251 Us Hwy 45

225 Ctr St

133 Ctr St

101 Ctr St

159 Us Hwy 45

1239 Il Rte 83

18517 Old Gages Lk Rd

161 Ctr St

125 Ctr St

115 Illinois 83

115 Us-45

1276 Illinois 83

199 Mcmillan St

115 Il Rte 83

1804 Belvidere Rd

Grayslake, IL Restaurants Investment Opportunities Market Analysis

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Strategic Investment

Taxes & Financing

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