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10 W Grand Avenue

Lake Villa, IL 60046
  • $1,100,000
  • STATUS: Active
  • MLS #: 12591590
UPDATED: 78 min ago
$1,100,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1955
County:
Area:

School Ratings & Info

Description

Proud to present a rare turn-key restaurant and bar opportunity at 10 W Grand Avenue in the heart of Lake Villa. This beautifully built-out establishment is perfectly positioned to capture a market characterized by high household incomes and a significant demand for new dining options. The interior features a large rectangular bar designed for high-volume service, fully decked out with multiple televisions and a professional commercial equipment package ready for immediate profit. The layout provides seating for 100 guests in the main dining area plus a private dining room that accommodates up to 12 for intimate events or corporate meetings. Behind the scenes, the property boasts a large and exceptionally clean kitchen designed for speed and high table turnover. The beverage program is supported by walk-in coolers and a professional glycol tap system to ensure perfect pours every time. A central AV control system manages all music and television displays throughout the building. This is an ideal setup for a savvy proprietor looking to skip the build-out phase and move directly into operations in an underserved area.

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© 2026 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 Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2026-04-17T01:05:31.877 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.

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10 W Grand Avenue Lake Villa, IL 60046

  • Price: $1,100,000
  • Status: Active
  • On Site: Days
  • Updated: 78 min ago
  • MLS #: 12591590
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1955
Built
Neighborhood:
Lake
County:
Lake
Area:
Lake
Property Description
Proud to present a rare turn-key restaurant and bar opportunity at 10 W Grand Avenue in the heart of Lake Villa. This beautifully built-out establishment is perfectly positioned to capture a market characterized by high household incomes and a significant demand for new dining options. The interior features a large rectangular bar designed for high-volume service, fully decked out with multiple televisions and a professional commercial equipment package ready for immediate profit. The layout provides seating for 100 guests in the main dining area plus a private dining room that accommodates up to 12 for intimate events or corporate meetings. Behind the scenes, the property boasts a large and exceptionally clean kitchen designed for speed and high table turnover. The beverage program is supported by walk-in coolers and a professional glycol tap system to ensure perfect pours every time. A central AV control system manages all music and television displays throughout the building. This is an ideal setup for a savvy proprietor looking to skip the build-out phase and move directly into operations in an underserved area.
Exterior Features

Frontage Type County Road

Interior Features

Cooling Central Air Heat Ventilation Central Bldg Heat Miscellaneous Inside Accessible Entrance Number Of TLDocks 0

Property Features

Additional Parcels YN Yes Association Fee Frequency Not Applicable Building Area Total 4995 Electric Service - 201 to 600 Amps Fire Protection Alarm MonitoredAlarm On SiteAnsul SystemFire Extinguisher/sSprinklers-Wet Leasable Area 4995 Mls Actual Status Active Net Operating Income 90000 Number Of Tenants 1 Property Offered For Sale Only Property Sub Type Restaurant Tax Annual Amount 13835 Tax Year 2024 Type Retail/Stores Zoning COMMR

Listing courtesy of © 2026 Midwest Real Estate Data LLC as distributed by MLS GRID.
Listing provided courtesy of Baird & Warner: 847-367-1855.



© 2026 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 Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2026-04-17T01:05:31.877 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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
 
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2401 East Empire
Bloomington IL, 61704