$799,000
( )
 $4,289 est/mo Sourced by Back At You

211 W Grass Lake Road,Lake Villa, IL 60046

Lake Villa, IL 60046

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Description

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.

Details

MLS#12321620
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1963
Days On Site29
Listing Provided ByReal Broker, LLC | Jeffrey Padesky

Features

Story(s)2
Units2

Market Activity 60046

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Listings Checked: 2 minutes ago
StateIL
CountyLake
CityLake Villa
Zip Code60046
AreaLake Villa | Lindenhurst
Listing VS Median (in 60046)
Price:
$799,000
low | high
Med:
$402,450
99.630788485607% of Average
On site:
29
low | high
Med:
58.000000
50% of Average
Sourced by Back At You
Listing Updated: April 1, 2025 at 12:42:53 AM PDT