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Lake Villa, IL Restaurants for Sale

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Lake Villa Commercial Opportunity
$289,000
0.39 Acres

Lake Villa Commercial Opportunity

211 W Grass Lake Rd, Lake Villa, IL 60046

Restaurant/bar with apartment and multiple income streams for sale.

  • Multiple income streams from restaurant/bar business.
  • Recently remodeled apartment provides rental income or owner occupancy.
  • Large, popular bar with video gaming, pool table, darts, ATMs, and TouchTunes.
  • Updated basement with new keg cooler room.
  • Large patio and ample parking.
Updated: Sep 1, 2025
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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 1 Active listings in Lake Villa, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 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.

Versatile Commercial Property in Lindenhurst
$1,600,000

Versatile Commercial Property in Lindenhurst

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

625 N Bridgeport Ter, Lindenhurst, IL 60046
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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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Prime Corner Location in Grayslake
$629,900
0.14 Acres

Prime Corner Location in Grayslake

Thriving downtown location with redevelopment potential for restaurant/bar.

102-106 Center St, Grayslake, IL 60030
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Renovated Storefront Building with Parking
$950,000
0.66 Acres

Renovated Storefront Building with Parking

Fully rented two-unit building on busy state highway.

55 Barron Blvd, Grayslake, IL 60030
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Explore Off-Market Properties in Lake Villa, IL

Consider similar Off-Market properties in Lake Villa, 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.

37575 Illinois Rte

37575 Illinois Rte

Day care centers • 3,350 SF
Value Estimation by Request
37575 Illinois Rte, Lake Villa, IL 60046
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36021 Us Hwy 45

36021 Us Hwy 45

BAR, TAVERN • 2,172 SF
Value Estimation by Request
36021 Us Hwy 45, Lake Villa, IL 60046-7466
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38564 Edgewood St

38564 Edgewood St

RESTAURANT • 4,001 SF
Value Estimation by Request
38564 Edgewood St, Lake Villa, IL 60046-9530
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145 Cedar Ave

145 Cedar Ave

RESTAURANT • 5,648 SF
Value Estimation by Request
145 Cedar Ave, Lake Villa, IL 60046-8410
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10 Grand Ave

10 Grand Ave

RESTAURANT • 5,303 SF
Value Estimation by Request
10 Grand Ave, Lake Villa, IL 60046-8604
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36670 Corona Dr

36670 Corona Dr

BAR, TAVERN • 5,403 SF
Value Estimation by Request
36670 Corona Dr, Lake Villa, IL 60046-9318
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37488 Il Rte 59

37488 Il Rte 59

BAR, TAVERN • 2,025 SF
Value Estimation by Request
37488 Il Rte 59, Lake Villa, IL 60046
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431 Grand Ave

431 Grand Ave

RESTAURANT • 3,127 SF
Value Estimation by Request
431 Grand Ave, Lake Villa, IL 60046-7810
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65 Grand Ave

65 Grand Ave

BAR, TAVERN • 2,666 SF
Value Estimation by Request
65 Grand Ave, Lake Villa, IL 60046-9144
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151 Grand Ave

151 Grand Ave

BAR, TAVERN • 11,898 SF
Value Estimation by Request
151 Grand Ave, Lake Villa, IL 60046-7829
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211 Grass Lk Rd

211 Grass Lk Rd

BAR, TAVERN • 4,596 SF
Value Estimation by Request
211 Grass Lk Rd, Lake Villa, IL 60046-8566
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Lake Villa, IL Restaurants Investment Opportunities Market Analysis

Explore 12 restaurants for sale in Lake Villa, IL on our real estate platform. These investment opportunities span a total of 273,090 square feet of properties for sale, with an estimated market value of $2,364,000.

Sale prices for restaurant properties in Lake Villa, IL start at $195,000, averaging $295,500, and reaching up to $405,000 — 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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