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    Grayslake, IL
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    Grayslake, IL Restaurants for Sale

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    Mchenry, IL Lake Villa, IL Round Lake Beach, IL Libertyville, IL Round Lake, IL Lindenhurst, IL Round Lake Park, IL Hainesville, IL
    Three-Unit Storefront Building
    Updated: Sep 30
    Three-Unit Storefront Building

    55 Barron Boulevard, Grayslake, IL 60030

    $899,900
    0.66 AC lot
    Three‑unit storefront property renovated in 2005
    4,800 SF retail space with two overhead doors
    Two parcels, including a parking lot
    0.6612 acres
    Central air; built in 1955
    View details
    Multi-Level Restaurant and Bar
    Updated: Dec 30, 2025
    Multi-Level Restaurant and Bar

    250 Center St, Grayslake, IL 60030

    $3,750,000
    9,165 sqft
    9165 SQ Ft multi‑level restaurant and bar property
    Upper and lower dining areas with outdoor patios and upper‑level outdoor dining
    Commercial kitchen with black iron, ANSUL system, freezers, and catering areas
    Second floor configured for private events and large parties
    C‑B Zoning with full fire control and sprinkler systems
    View details
    See hot listings in Grayslake

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 30 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, 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.

    Mixed-Use Property with Bar
    Mixed-Use Property with Bar

    35480 N Fairfield Road, Round Lake, IL 60073

    $599,500
    0.36 AC lot

    Includes a bar, video gaming, pool tables, and a separate apartment with rental income.

    View details
    Mixed-Use Restaurant and Bar
    Mixed-Use Restaurant and Bar

    211 W Grass Lake Rd, Lake Villa, IL 60046

    Contact for pricing
    16,988 sqft

    A recently remodeled apartment above the restaurant offers additional occupancy or rental use.

    View details
    Bar With Two-Bedroom Apartment
    Bar With Two-Bedroom Apartment

    35480 N Fairfield Road, Round Lake, IL 60073

    $599,500

    Equipped commercial bar with pool tables, video gaming, walk-in refrigeration, and an apartment.

    View details
    Bar and Pub with Upstairs Apartment
    Bar and Pub with Upstairs Apartment

    211 W Grass Lake Road, Lake Villa, IL 60046

    Contact for pricing

    The property combines a full-service kitchen, dining areas, and an upstairs apartment.

    View details

    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.

    Antioch Land for Business Use
    Antioch Land for Business Use

    1207 Main Street, Antioch, IL 60002

    $738,000
    1.64 AC lot

    1.64 acre commercial land parcel in Antioch, Illinois.

    View details
    Signalized Intersection Commercial Land
    Signalized Intersection Commercial Land

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

    $1,500,000
    7.51 AC lot

    Mostly level commercial land with water available at a signalized intersection.

    View details
    Commercial Land with Street Frontage
    Commercial Land with Street Frontage

    1213 Grand Avenue, Waukegan, IL 60085

    $559,000

    Vacant commercial parcel with B-2 and B-3 zoning at a signalized intersection near retail, transit, and established neighborhoods.

    View details
    Commercial Corner Lot
    Commercial Corner Lot

    12640 W WADSWORTH Road, Beach Park, IL 60087

    $750,000
    1.36 AC lot

    Fully developed commercial parcel positioned at a high-traffic intersection in Beach Park.

    View details

    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

    775 Belvidere Rd, Grayslake, IL 60030-2466

    Estimated value:
    $1,435,000
    1,956 sqft 0.37 AC lot
    View details
    131 Hawley St
    RESTAURANT

    131 Hawley St, Grayslake, IL 60030-1514

    Estimated value:
    $85,000
    528 sqft 0.22 AC lot
    View details
    1874 Belvidere Rd
    RESTAURANT

    1874 Belvidere Rd, Grayslake, IL 60030-2289

    Estimated value:
    $2,030,000
    2,844 sqft 0.36 AC lot
    View details
    454 Ctr St
    RESTAURANT

    454 Ctr St, Grayslake, IL 60030-1626

    Estimated value:
    $210,000
    798 sqft 0.22 AC lot
    View details
    18580 Old Gages Lk Rd
    BAR, TAVERN

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

    Estimated value:
    $285,000
    3,970 sqft 0.40 AC lot
    View details
    33251 Us Hwy 45
    RESTAURANT

    33251 Us Hwy 45, Grayslake, IL 60030-2210

    Estimated value:
    $350,000
    5,164 sqft 0.27 AC lot
    View details
    225 Ctr St
    RESTAURANT

    225 Ctr St, Grayslake, IL 60030-1534

    Estimated value:
    $270,000
    1,140 sqft 0.03 AC lot
    View details
    133 Ctr St
    RESTAURANT

    133 Ctr St, Grayslake, IL 60030

    Estimated value:
    $575,000
    7,740 sqft 0.12 AC lot
    View details
    101 Ctr St
    RESTAURANT

    101 Ctr St, Grayslake, IL 60030-3661

    Estimated value:
    $340,000
    4,760 sqft 0.22 AC lot
    View details
    159 Us Hwy 45
    RESTAURANT

    159 Us Hwy 45, Grayslake, IL 60030-2203

    Estimated value:
    $375,000
    3,932 sqft 0.36 AC lot
    View details
    1239 Il Rte 83
    RESTAURANT

    1239 Il Rte 83, Grayslake, IL 60030-7954

    Estimated value:
    $390,000
    4,436 sqft 1.08 AC lot
    View details
    18517 Old Gages Lk Rd
    BAR, TAVERN

    18517 Old Gages Lk Rd, Grayslake, IL 60030-1780

    Estimated value:
    $290,000
    2,958 sqft 0.14 AC lot
    View details
    161 Ctr St
    RESTAURANT

    161 Ctr St, Grayslake, IL 60030-1532

    Estimated value:
    $280,000
    3,949 sqft 0.07 AC lot
    View details
    125 Ctr St
    RESTAURANT

    125 Ctr St, Grayslake, IL 60030-1532

    Estimated value:
    $300,000
    3,400 sqft 0.14 AC lot
    View details
    115 Illinois 83
    Restaurants

    115 Illinois 83, Grayslake, IL 60030

    Estimated value: by Request
    2,790 sqft 1.64 AC lot
    View details
    199 Mcmillan St
    RESTAURANT

    199 Mcmillan St, Grayslake, IL 60030

    Estimated value:
    $325,000
    221 sqft 0.11 AC lot
    View details
    115 Il Rte 83
    RESTAURANT

    115 Il Rte 83, Grayslake, IL 60030-1619

    Estimated value:
    $380,000
    2,790 sqft 1.58 AC lot
    View details
    1804 Belvidere Rd
    RESTAURANT

    1804 Belvidere Rd, Grayslake, IL 60030-2289

    Estimated value:
    $420,000
    3,843 sqft 0.86 AC lot
    View details

    Grayslake, IL Restaurants Market Trends and Statistics

    Explore 22 restaurants for sale in Grayslake, IL on our real estate platform. These investment opportunities span a total of 9,165 square feet of properties for sale, with an estimated market value of $4,649,900.

    Sale prices for restaurant properties in Grayslake, IL start at $899,900, averaging $2,324,950, and reaching up to $3,750,000 — 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

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 2
    Bars & Pubs 1

    Demographics Overview

    Population 36K
    Population Growth (5Y) -3.4%
    Median Household Income $104,920
    College Educated 67.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    60030 $2.3M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

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