211 W Grass Lake Road Lake Villa, IL
211 W Grass Lake Road
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211 W Grass Lake Road

Lake Villa, IL, 60046 Bedrooms-- Baths-- Sq 16,988

Monthly Estimate*

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211 W Grass Lake Road, Lake Villa, IL 60046 - Image 1

Commercial Property for sale in Lake Villa, IL

. This building is 16,988 square feet.

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!

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Commercial Active

Price

$ 0

Property Type

Commercial

Taxes

$ 6,500

Style

Bar/Tavern/Lounge,Food & Beverage,Restaurant

Town/City

Lake Villa

County/Region

Lake

MLS | Web ID

12721098

Features
General
Cooling Central Air
Possession Closing
Zoning COMMR
Tenant Pays Air Conditioning Electricity Heat Insurance Scavenger Sewer Varies by Tenant All Utilities
Stories Count 2
Tax Year 2023
Current Use Commercial
Business Type Bar/Tavern/Lounge Food & Beverage Restaurant
Business Name Corner Crossing
County Lake
Operating Expense 141612
Property Type Business Opportunity Bus / Bus w/Real Est
Status New
Directions Rt. 83 South of Grass Lake Rd. to property on East Side of 83 next to train tracks
City Lake Villa
MLS Area Lake Villa / Lindenhurst
Tax Annual Amount 6500
Lease Type Net
Standard Status Active
Ownership Type Individual
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Exterior
Building Area Total 16988
Waterfront Y/N N
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* Excluded Features
List By
Real Broker, Llc

Broker

jeff@jjprealestate.com

Email

Affordability Calculator

$542
Per Month
0%
100%
0%
Monthly Principal & Interest
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Monthly Property Taxes
$542
Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% 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
8/12/2026$0 Listed Price

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211 W Grass Lake Road, Lake Villa, IL, 60046 is a Commercial Property for sale at $0 with 16,988 sqft. The property's zip code is 60046 which is in Lake Villa, IL