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Lake Bluff, IL

Restaurants

Lake Bluff, IL Restaurants for Sale

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Lake Forest, IL North Chicago, IL Libertyville, IL Chicago, IL Waukegan, IL Green Oaks, IL Mettawa, IL Highwood, IL

Redevelopment Land with Operating Pub

Updated: Apr 11

Redevelopment Land with Operating Pub

515 Rockland Road, Lake Bluff, IL 60044

$735,000

0.21 AC lot

9,360 SF parcel for redevelopment at 515 Rockland Road, Lake Bluff, IL
80 ft frontage on Route 176 (Rockland Road) and 117 ft frontage on Shagbark Road
Donellis Pub is currently open and operating as a restaurant and pub (please do not disturb)
General commercial and residential zoning in place; unincorporated Lake Bluff with current Lake County zoning
Buyer could voluntarily annex into the Village of Lake Bluff; Lake Bluff willing to offer financial incentives

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 19 Potential Opportunities for your consideration. Besides 1 Active listings in Lake Bluff, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 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.

Chick-fil-A NNN Property

Chick-fil-A NNN Property

790 S Northpoint Blvd, Waukegan, IL 60085

Contact for pricing

5,222 sqft 2.00 AC lot

Secured by a 15-year absolute NNN ground lease with Chick-fil-A, Inc.

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.

Mixed-Use Brick Building

Mixed-Use Brick Building

818 10th Street, Waukegan, IL 60085

$449,900

0.16 AC lot

Two-level property combines a Mexican restaurant with two upstairs apartments and additional commercial space.

Established Coffee Shop Business

Established Coffee Shop Business

114 N Milwaukee Avenue, Libertyville, IL 60048

Contact for pricing

Boba tea concept at a Libertyville commercial address with RTAIL zoning.

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.

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.

Signalized Corner Commercial Land

Signalized Corner Commercial Land

1730 W Beach Road, Waukegan, IL 60087

$152,900

1.41 AC lot

Municipal water and sewer are located in the rights-of-way along both adjoining streets.

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.

Commercial Land with Road Frontage

Commercial Land with Road Frontage

20420 N Rand Road, Deer Park, IL 60074

$2,500,000

1.94 AC lot

PUD-zoned commercial land with Rand Road frontage and natural gas availability.

Off-Market Properties in Lake Bluff, IL

Consider similar Off-Market properties in Lake Bluff, 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.

715 Rockland Rd

RESTAURANT

715 Rockland Rd, Lake Bluff, IL 60044-2216

Estimated value:

$295,000

1,984 sqft 0.12 AC lot

625 Rockland Rd

RESTAURANT

625 Rockland Rd, Lake Bluff, IL 60044-1726

Estimated value:

$1,310,000

7,519 sqft 0.50 AC lot

305 Waukegan Rd

RESTAURANT

305 Waukegan Rd, Lake Bluff, IL 60044-1695

Estimated value:

$430,000

8,036 sqft 0.44 AC lot

707 Rockland Rd

RESTAURANT

707 Rockland Rd, Lake Bluff, IL 60044-2216

Estimated value:

$330,000

2,261 sqft 0.13 AC lot

203 Waukegan Rd

RESTAURANT

203 Waukegan Rd, Lake Bluff, IL 60044-1671

Estimated value:

$325,000

2,092 sqft 0.24 AC lot

721 Rockland Rd

RESTAURANT

721 Rockland Rd, Lake Bluff, IL 60044-2216

Estimated value:

$290,000

1,343 sqft 0.14 AC lot

515 Rockland Rd

RESTAURANT

515 Rockland Rd, Lake Bluff, IL 60044-1724

Estimated value:

$335,000

3,500 sqft 0.20 AC lot

101 Waukegan Rd

RESTAURANT

101 Waukegan Rd, Lake Bluff, IL 60044-1686

Estimated value:

$385,000

3,446 sqft 0.67 AC lot

4 Waukegan Rd

RESTAURANT

4 Waukegan Rd, Lake Bluff, IL 60044-1668

Estimated value:

$360,000

2,277 sqft 0.46 AC lot

30417 Skokie Hwy

RESTAURANT

30417 Skokie Hwy, Lake Bluff, IL 60044

Estimated value:

$400,000

4,903 sqft 0.73 AC lot

Lake Bluff, IL Restaurants Market Trends and Statistics

Explore 11 restaurants for sale in Lake Bluff, IL on our real estate platform.

Sale prices for restaurant properties in Lake Bluff, IL average $735,000 — 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

Demographics Overview

Population 10K

Population Growth (5Y) +2.9%

Median Household Income $127,546

College Educated 97.6%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
60044	$735K

Taxes & Financing

Tax Rate (average for all types) 7.79%

Property Tax per SF $72.06 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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