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 Volo, IL Round Lake, IL
Bar and Pub with Upstairs Apartment
Updated: Aug 12
Bar and Pub with Upstairs Apartment

211 W Grass Lake Road, Lake Villa, IL 60046

Contact for pricing
Recently remodeled apartment above the business
Full kitchen with lunch and dining service areas
Large patio and on‑site parking
Video gaming, pool table, darts, multiple ATMs, and TouchTunes
Basement storage and utility area with updated keg cooler room
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Mixed-Use Restaurant and Bar
Updated: Aug 19
Mixed-Use Restaurant and Bar

211 W Grass Lake Rd, Lake Villa, IL 60046

Contact for pricing
16,988 sqft
Mixed‑use property with restaurant, bar, and upstairs apartment
Recently remodeled apartment above the business
Full kitchen with lunch and dinner service
Large bar with video gaming, pool table, darts, ATMs, and TouchTunes
Large patio and on‑site parking
View details
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 21 Potential Opportunities for your consideration. Besides 2 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.

Three-Unit Storefront Building
Three-Unit Storefront Building

55 Barron Boulevard, Grayslake, IL 60030

$899,900
0.66 AC lot

A separate parcel provides a parking lot alongside the commercial building.

View details
Multi-Level Restaurant and Bar
Multi-Level Restaurant and Bar

250 Center St, Grayslake, IL 60030

$3,750,000
9,165 sqft

Built-out foodservice and event property with commercial kitchen infrastructure, multiple dining areas, and outdoor patios.

View details
Restaurant Business with Horseshoe Bar
Restaurant Business with Horseshoe Bar

955 E 173 Route, Antioch, IL 60002

$649,900
1.19 AC lot

Restaurant business with banquet-ready dining space, horseshoe bar, private gaming area, and catering capability.

View details
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

Entertainment-focused bar with video gaming, billiards, patio space, and outdoor recreation amenities.

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
Corner Commercial Land
Corner Commercial Land

530 Main Street, Antioch, IL 60002

$680,000
0.81 AC lot

Corner parcel with two curb cuts and water available for commercial development.

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
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.

View details

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

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

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

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

10 Grand Ave, Lake Villa, IL 60046-8604

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

65 Grand Ave, Lake Villa, IL 60046-9144

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

37488 Il Rte 59, Lake Villa, IL 60046

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

36670 Corona Dr, Lake Villa, IL 60046-9318

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

145 Cedar Ave, Lake Villa, IL 60046-8410

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

37575 Illinois Rte, Lake Villa, IL 60046

Estimated value: 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

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

431 Grand Ave, Lake Villa, IL 60046-7810

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

38564 Edgewood St, Lake Villa, IL 60046-9530

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

Lake Villa, IL Restaurants Market Trends and Statistics

Explore 13 restaurants for sale in Lake Villa, IL 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 3
Conventional restaurants 3

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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