Lake Villa, IL 60046 211 W Grass Lake Road

211 W Grass Lake Road Lake Villa, IL - Image 1211 W Grass Lake Road Lake Villa, IL - Image 2211 W Grass Lake Road Lake Villa, IL - Image 3
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Presented By: Real Broker, LLC
  • MLS# 12321620
  • 03/26/2025
  • Request Tour
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Home Details

Opportunity to own and operate a business with Mutiple income sources. Property is restaurant/Bar and so much more. There is an apartment above the business that has been recently remolded and could be rented out for additional income or to live in while you run the business. There is a full kitchen with lunch and dining services. Breakfast should be added to increase income. A large bar that is very popular in the area. Video Gaming, pool table, darts, Multiple ATM's and touch tunes. This location has a large patio and plenty of parking. Basement is used for utilities/storage and has been updated with a new keg cooler room for the upstairs taps. New well and pump just added Hundreds of thousands in recent updates. The property can be sold many ways. Just business or just real estate. Just Real Estate- $580,000. Just the business- $269,000 Everything together business and real estate. Fun investment or job opportunity each out to Jeff the LA for showings and questions.
Presented By: Real Broker, LLC

Interior Features for 211 W Grass Lake Road

Other Interior Features

Total Fireplaces

General for 211 W Grass Lake Road

Additional Parcels Y/NNo
CityLake Villa
CoolingCentral Air
CountyLake
DirectionsRt. 83 South of Grass Lake Rd. to property on East Side of 83 next to train tracks
ElectricCircuit Breakers
Electric Expense600
Fuel Expense200
Gross Income36000
Insurance Expense9000
Lot Size Square Feet16988
MLS AreaLake Villa / Lindenhurst
Number Of Units Total2
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount6500
Tax Year2023
Trash Expense120
Water Sewer Expense0
Year Built1963

Exterior for 211 W Grass Lake Road

Lot Dimensions100X100

Additional Details

Price History

Client Care

Price $799,000
MLS#12321620
List Date 03/26/2025
Property Type Commercial
Phone 847.485.2500
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