$ 850,000
211 W Grass Lake Road Lake Villa, IL 60046
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$ 850,000
Est. payment | /mo
$ 850,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12183698
Year Built 1963
Annual Tax Amount $6,500
Tax Year 2023
Lot Dimensions 100X100
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.
Location
State IL
County Lake
Interior
Cooling Central Air
Fireplace Y
Exterior
View Y/N true
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Listed by Jeffrey Padesky • Real Broker, LLC