Grayslake, IL 60030 250 Center Street

250 Center Street Grayslake, IL - Image 1250 Center Street Grayslake, IL - Image 2250 Center Street Grayslake, IL - Image 3
32 more
250 Center Street Grayslake, IL - Image 4250 Center Street Grayslake, IL - Image 5250 Center Street Grayslake, IL - Image 6250 Center Street Grayslake, IL - Image 7250 Center Street Grayslake, IL - Image 8250 Center Street Grayslake, IL - Image 9250 Center Street Grayslake, IL - Image 10250 Center Street Grayslake, IL - Image 11250 Center Street Grayslake, IL - Image 12250 Center Street Grayslake, IL - Image 13250 Center Street Grayslake, IL - Image 14250 Center Street Grayslake, IL - Image 15250 Center Street Grayslake, IL - Image 16250 Center Street Grayslake, IL - Image 17250 Center Street Grayslake, IL - Image 18250 Center Street Grayslake, IL - Image 19250 Center Street Grayslake, IL - Image 20250 Center Street Grayslake, IL - Image 21250 Center Street Grayslake, IL - Image 22250 Center Street Grayslake, IL - Image 23250 Center Street Grayslake, IL - Image 24250 Center Street Grayslake, IL - Image 25250 Center Street Grayslake, IL - Image 26250 Center Street Grayslake, IL - Image 27250 Center Street Grayslake, IL - Image 28250 Center Street Grayslake, IL - Image 29250 Center Street Grayslake, IL - Image 30250 Center Street Grayslake, IL - Image 31250 Center Street Grayslake, IL - Image 32250 Center Street Grayslake, IL - Image 33250 Center Street Grayslake, IL - Image 34250 Center Street Grayslake, IL - Image 35250 Center Street Grayslake, IL - Image 36
Presented By: @properties Commercial
  • MLS# 12626713
  • 05/13/2026
  • Request Tour
  • Request Info
  • SQFT • 9,165

Home Details

Fantastic sale leaseback opportunity in Grayslake, 250 - 266 Center St Grayslake, IL. Well Positioned on a prime corner on Center street and Seymour Ave. The First draft Bar/Restaurant and Entertainment complex is available for purchase on a Sale Leaseback basis, The Owner/Tenant will discuss a 10 year or longer lease on an NNN Schedule, The multi-level restaurant/Bar space building is 9165 SQ Ft, with a full and completely buildout kitchen, Black Iron, Full ANSUL Fire Control System Freezers and food prep/catering areas, All FF&E top Quality, Feature Upper and lower dining areas, outdoor patios, and Upper Level outdoor dining areas. Upper and lower-level Bars with full high-end Buildouts, & Beverage hookups. The expansive second floor is ideal for private events and Large Parties, The building supports a mix of restaurant, entertainment, and Banquet Uses, Absolute top of the Line Buildout, C-B Zoning, Full fire control and Sprinkler System, An Amazing location in the heart of The Downtown Grayslake Shopping District. Located just west of Rt 83. surrounded by established neighborhood retail. An Outstanding investment opportunity benefiting from in-place income Do not Bother the Tenant, Call Listing broker for all showings, Pin Numbers - 0626311006- 0626311007
Presented By: @properties Commercial

Interior Features for 250 Center Street

Other Interior Features

FlooringConcrete, Tile, Varies

General for 250 Center Street

Additional Parcels Description06263110070000
Additional Parcels Y/NYes
Assoc Fee Paid PerNot Applicable
Cap Rate7.36
CityGrayslake
Construction MaterialsBrick, Concrete
CoolingCentral Air
CountyLake
Current UseCommercial
DirectionsRt 83 in Grayslake, To central, West to address.
ElectricService - 201 to 600 Amps
Leasable Area9165
Lot Size Square Feet3180
MLS AreaGages Lake / Grayslake / Hainesville / Third Lake / Wildwood
Net Operating Income276000
Number Of Units Total1
PossessionClosing, Immediate, Negotiable
Property TypeCommercial Sale
Property TypeRetail/Stores
RoofMembrane
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount50003
Tax Year2024
TownshipAvon
UtilitiesElectric to Site, Natural Gas Available, Sewer Connected, Water Available
Virtual TourClick here
Year Built1925
ZoningRTAIL

Exterior for 250 Center Street

Building Area Total9165
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street, County Road, Public Road
Lot Dimensions26X95X54X141
Water SourceCommunity Water, Municipal Water

Additional Details

Price History

Client Care

Price $3,750,000
MLS#12626713
List Date 05/13/2026
Property Type Commercial
Phone 847.485.2500
Request Tour
Request Info
Visit My Website

Similar Properties to 250 Center Street