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Grayslake, IL

Restaurants

Grayslake, IL Restaurants for Sale

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Mchenry, IL Round Lake, IL Lake Villa, IL Round Lake Beach, IL Lindenhurst, IL Hainesville, IL Johnsburg, IL Libertyville, IL

Move-In Chinese Restaurant Opportunity

Updated: Apr 13

Move-In Chinese Restaurant Opportunity

827 Center St, Grayslake, IL 60030

Contact for pricing

1,100 sqft

Chinese restaurant operation for sale at 827 Center St, Grayslake, IL 60030 (zoned Commercial).
1,100 SF restaurant with dining area for 15 tables and seating for 26 patrons, plus kitchen and storage areas.
Includes built‑in kitchen equipment, inventory, supplies, and store outdoor sign; phone number and name convey.
Brand‑new roof A/C unit installed November 2019; hot water heater located in a separate room.
Restaurant has 2 restrooms and is described as ready to move in and take over.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 29 Potential Opportunities for your consideration. Besides 1 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.

Two-Story Mixed-Use Building

Two-Story Mixed-Use Building

545-47 N Milwaukee Avenue, Libertyville, IL 60048

$6,995,000

6,000 sqft

Downtown property combines office space with two restaurant suites under long-term leases.

Bar Property with Apartment

Bar Property with Apartment

35480 N Fairfield Road, Round Lake, IL 60073

$699,000

0.36 AC lot

Operational bar setup includes pool tables, video gaming, walk-in refrigeration, and central air.

Bar With Two-Bedroom Apartment

Bar With Two-Bedroom Apartment

35480 N Fairfield Road, Round Lake, IL 60073

$699,000

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

Indian Fusion Restaurant with Private Dining

Indian Fusion Restaurant with Private Dining

620 N Milwaukee Ave, Libertyville, IL 60048

$299,000

Indian fusion restaurant operating since January 2023 with capacity for about 120 guests and flexible private dining options.

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.

Mundelein, IL Commercial Land

Mundelein, IL Commercial Land

331 Plaza Circle lot: 4, Mundelein, IL 60060

$286,000

0.43 AC lot

Commercial land available in Mundelein, Illinois.

Waukegan Land Development Opportunity

Waukegan Land Development Opportunity

1213 Grand Avenue, Waukegan, IL 60085

$559,000

1.49 AC lot

Prime vacant land for commercial development in Waukegan, Illinois.

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.

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.

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

$1,435,000

Estimated value

1,956 sqft 0.37 AC lot

131 Hawley St

RESTAURANT

131 Hawley St, Grayslake, IL 60030-1514

$85,000

Estimated value

528 sqft 0.22 AC lot

1874 Belvidere Rd

RESTAURANT

1874 Belvidere Rd, Grayslake, IL 60030-2289

$2,030,000

Estimated value

2,844 sqft 0.36 AC lot

454 Ctr St

RESTAURANT

454 Ctr St, Grayslake, IL 60030-1626

$210,000

Estimated value

798 sqft 0.22 AC lot

18580 Old Gages Lk Rd

BAR, TAVERN

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

$285,000

Estimated value

3,970 sqft 0.40 AC lot

33251 Us Hwy 45

RESTAURANT

33251 Us Hwy 45, Grayslake, IL 60030-2210

$350,000

Estimated value

5,164 sqft 0.27 AC lot

225 Ctr St

RESTAURANT

225 Ctr St, Grayslake, IL 60030-1534

$270,000

Estimated value

1,140 sqft 0.03 AC lot

133 Ctr St

RESTAURANT

133 Ctr St, Grayslake, IL 60030

$575,000

Estimated value

7,740 sqft 0.12 AC lot

101 Ctr St

RESTAURANT

101 Ctr St, Grayslake, IL 60030-3661

$340,000

Estimated value

4,760 sqft 0.22 AC lot

159 Us Hwy 45

RESTAURANT

159 Us Hwy 45, Grayslake, IL 60030-2203

$375,000

Estimated value

3,932 sqft 0.36 AC lot

1239 Il Rte 83

RESTAURANT

1239 Il Rte 83, Grayslake, IL 60030-7954

$390,000

Estimated value

4,436 sqft 1.08 AC lot

18517 Old Gages Lk Rd

BAR, TAVERN

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

$290,000

Estimated value

2,958 sqft 0.14 AC lot

161 Ctr St

RESTAURANT

161 Ctr St, Grayslake, IL 60030-1532

$280,000

Estimated value

3,949 sqft 0.07 AC lot

125 Ctr St

RESTAURANT

125 Ctr St, Grayslake, IL 60030-1532

$300,000

Estimated value

3,400 sqft 0.14 AC lot

115 Illinois 83

Restaurants

115 Illinois 83, Grayslake, IL 60030

Value Estimation by Request

2,790 sqft 1.64 AC lot

115 Us-45

Restaurants

115 Us-45, Grayslake, IL 60030

Value Estimation by Request

1276 Illinois 83

Restaurants

1276 Illinois 83, Grayslake, IL 60030

Value Estimation by Request

5,500 sqft

199 Mcmillan St

RESTAURANT

199 Mcmillan St, Grayslake, IL 60030

$325,000

Estimated value

221 sqft 0.11 AC lot

115 Il Rte 83

RESTAURANT

115 Il Rte 83, Grayslake, IL 60030-1619

$380,000

Estimated value

2,790 sqft 1.58 AC lot

1804 Belvidere Rd

RESTAURANT

1804 Belvidere Rd, Grayslake, IL 60030-2289

$420,000

Estimated value

3,843 sqft 0.86 AC lot

Grayslake, IL Restaurants Market Trends and Statistics

Explore 21 restaurants for sale in Grayslake, IL on our real estate platform. These investment opportunities span a total of 1,100 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 36K

Population Growth (5Y) -3.4%

Median Household Income $104,920

College Educated 67.6%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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