10 W Grand Avenue Lake Villa, IL $ 1,100,000
10 W Grand Avenue
$ 1,100,000
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10 W Grand Avenue

Lake Villa, IL, 60046
$ 1,100,000
Bedrooms-- Baths-- Sq 4,995

Monthly Estimate*

$ 6,773

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Commercial Property for sale in Lake Villa, IL

for $1,100,000. This 4,995 square foot building was built in 1955 on a lot size of 0.4.

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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Commercial Active

Price

$ 1,100,000

Property Type

Commercial

Taxes

$ 13,835

Style

Lot Size

0.4

Year Built

1955

Town/City

Lake Villa

County/Region

Lake

MLS | Web ID

12591590

Features
General
Cooling Central Air
Zoning COMMR
Year Built 1955
Electric Service - 201 to 600 Amps
Stories Count 1
Property Subtype Restaurant
Tax Year 2024
Assoc Fee Paid Per Not Applicable
County Lake
Net Operating Income 90000
Property Type Commercial Sale Retail/Stores
Status Active
Directions Take intersection of Grand Ave and Route 83 west to address.
City Lake Villa
Number Of Units Total 1
MLS Area Lake Villa / Lindenhurst
Lot Size Square Feet 17424
Tax Annual Amount 13835
Additional Parcels Y/N Y
Leasable Area 4995
Virtual Tour https://mls.kuu.la/share/collection/7MqKH?fs=1&vr=1&sd=1&initload=0&thumbs=1
Standard Status Active
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Exterior
Building Area Total 4995
Lot Dimensions 131x139x61x88x84
Frontage Type County Road
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* Excluded Features
List By
Baird & Warner

Broker

Ben.Lovinger@bairdwarner.com

Email

Affordability Calculator

$7,926
Per Month
85%
15%
0%
Monthly Principal & Interest
$6,773
Monthly Property Taxes
$1,153
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/19/2026$1,100,000 Listed Price

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10 W Grand Avenue, Lake Villa, IL, 60046 is a Commercial Property for sale at $1,100,000 with 4,995 sqft and a lot size of 0.4. 10 W Grand Avenue was built in 1955. The property's zip code is 60046 which is in Lake Villa, IL