Restaurants

Lake Villa, IL Restaurants for Sale

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Lindenhurst, IL Round Lake Beach, IL Third Lake, IL Grayslake, IL Antioch, IL Ingleside, IL Johnsburg, IL Old Mill Creek, IL
Mixed-Use Restaurant With Apartment
Updated: Aug 12
Mixed-Use Restaurant With Apartment

211 W Grass Lake Road, Lake Villa, IL 60046

Contact for pricing
Recently remodeled apartment above the restaurant and bar
Full kitchen with lunch and dining service areas
Large bar with video gaming, pool table, darts, ATMs, and touch tunes
Patio and on‑site parking included
Basement utility and storage area with keg cooler room
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Bar Property with Apartment
Updated: Aug 12
Bar Property with Apartment

211 W Grass Lake Road, Lake Villa, IL 60046

Contact for pricing
16,988 sqft
16,988 SF commercial property with bar, restaurant, and apartment above
Recently remodeled apartment over the business
Full kitchen with lunch and dining service
Large bar, patio, video gaming, pool table, darts, ATMs, and TouchTunes
Basement storage and utility area with updated keg cooler room
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Mixed-Use Property with Restaurant
Mixed-Use Property with Restaurant

211 W Grass Lake Road, Lake Villa, IL 60046

Contact for pricing

Includes a remodeled upper-level apartment, commercial kitchen, bar area, patio, parking, and basement storage.

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Turn-Key Restaurant and Bar Opportunity
Turn-Key Restaurant and Bar Opportunity

10 W Grand Avenue, Lake Villa, IL 60046

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Restaurant and bar in Lake Villa, ready for immediate operations.

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Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 4 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, 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.

Mexican Seafood Restaurant with Full Bar
Mexican Seafood Restaurant with Full Bar

1440 E Grand Avenue, Lindenhurst, IL 60046

$899,990
0.89 AC lot

Turnkey Mexican seafood restaurant with full bar, designated gaming area, ample parking, and central air in Lindenhurst.

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Family Restaurant with Horseshoe Bar
Family Restaurant with Horseshoe Bar

955 E 173 Route, Antioch, IL 60002

$649,900
1.19 AC lot

Well-established restaurant operating seven days weekly with a large horseshoe-style bar and Sunday full breakfast buffet.

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Freestanding Sports Bar with Patio
Freestanding Sports Bar with Patio

26029 W Il Route 173 Highway, Antioch, IL 60002

$950,000
1.55 AC lot

Brick venue includes gaming and outdoor recreation areas.

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Versatile Commercial Property in Lindenhurst
Versatile Commercial Property in Lindenhurst

625 N Bridgeport Ter, Lindenhurst, IL 60046

$1,520,000
6,500 sqft

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

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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.

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.

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Prime Commercial Land in Antioch
Prime Commercial Land in Antioch

530 Main Street, Antioch, IL 60002

$680,000
0.81 AC lot

High-visibility commercial land with main road frontage near downtown Antioch.

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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.

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Johnsburg, IL Commercial Land
Johnsburg, IL Commercial Land

Johnsburg Road lot: 52, Johnsburg, IL 60050

$350,000
4.46 AC lot

4.46 acre commercial land for sale in Johnsburg, IL.

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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.

151 Grand Ave
BAR, TAVERN

151 Grand Ave, Lake Villa, IL 60046-7829

$195,000
Estimated value
11,898 sqft 0.76 AC lot
View details
36021 Us Hwy 45
BAR, TAVERN

36021 Us Hwy 45, Lake Villa, IL 60046-7466

$290,000
Estimated value
2,172 sqft 0.54 AC lot
View details
10 Grand Ave
RESTAURANT

10 Grand Ave, Lake Villa, IL 60046-8604

$375,000
Estimated value
5,303 sqft 0.40 AC lot
View details
65 Grand Ave
BAR, TAVERN

65 Grand Ave, Lake Villa, IL 60046-9144

$270,000
Estimated value
2,666 sqft 0.92 AC lot
View details
37488 Il Rte 59
BAR, TAVERN

37488 Il Rte 59, Lake Villa, IL 60046

$290,000
Estimated value
2,025 sqft 0.14 AC lot
View details
36670 Corona Dr
BAR, TAVERN

36670 Corona Dr, Lake Villa, IL 60046-9318

$285,000
Estimated value
5,403 sqft 3.33 AC lot
View details
145 Cedar Ave
RESTAURANT

145 Cedar Ave, Lake Villa, IL 60046-8410

$305,000
Estimated value
5,648 sqft 0.11 AC lot
View details
37575 Illinois Rte
Day care centers

37575 Illinois Rte, Lake Villa, IL 60046

Value Estimation by Request
3,350 sqft 1.01 AC lot
View details
211 Grass Lk Rd
BAR, TAVERN

211 Grass Lk Rd, Lake Villa, IL 60046-8566

$305,000
Estimated value
4,596 sqft 0.39 AC lot
View details
431 Grand Ave
RESTAURANT

431 Grand Ave, Lake Villa, IL 60046-7810

$405,000
Estimated value
3,127 sqft 0.62 AC lot
View details
38564 Edgewood St
RESTAURANT

38564 Edgewood St, Lake Villa, IL 60046-9530

$305,000
Estimated value
4,001 sqft 0.52 AC lot
View details

Lake Villa, IL Restaurants Market Trends and Statistics

Explore 15 restaurants for sale in Lake Villa, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 16,988 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 5
Conventional restaurants 4

Demographics Overview

Population 35K
Population Growth (5Y) -1.6%
Median Household Income $122,376
College Educated 57.2%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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