Skip To Content

211 W Grass Lake Road

Lake Villa, IL 60046
  • $850,000
  • STATUS: Active
  • ON SITE: 120 Days
  • MLS #: 12183698
UPDATED: 36 min ago
$850,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1963
County:
Area:

School Ratings & Info

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.

Monthly Payment Calculator



© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-12T23:59:33.05 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
www.anirealestate.com/homes/156775293
Print Image

211 W Grass Lake Road Lake Villa, IL 60046

  • Price: $850,000
  • Status: Active
  • On Site: 120 Days
  • Updated: 36 min ago
  • MLS #: 12183698
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1963
Built
Neighborhood:
Lake
County:
Lake
Area:
Lake
Property 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.
Interior Features

Cooling Central Air Fireplaces Total 0 Heat Ventilation Gas Number Of Dishwashers 2 Number Of Dryers 1 Number Of Washers 1

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Electric Circuit Breakers Fire Protection Alarm On SiteFire Extinguisher/sSprinklers-Wet Geographic Locale Northwest SuburbanNorth Suburban Gross Income 36000 Gross Scheduled Income 377000 Insurance Expense 9000 Mls Actual Status Active Number Of Tenants 2 Property Sub Type Mixed Use Rental Price 0 Tax Annual Amount 6500 Tax Year 2023 Total Monthly Income 31417 Type Mixed Use

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Real Broker, LLC: 217-960-8605.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-12T23:59:33.05 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_12183698-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_12183698-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_12183698-1.jpg
Logo
Ani Real Estate
7300 S Cottage Grove Ave Suite B
Chicago IL, 60619-1910