Contact us: 563.441.1776
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.
Property Highlights
Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1955
General Information
County: Lake
Listed By:
Baird & Warner
847-367-1855
MRED MLS
MLS ID: 12591590
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10 W Grand Avenue, Lake Villa, IL 60046.
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| Loan Type | FHA 30 Year Fixed | 15 Year Fixed | VA 30 year fixed |
| Purchase Price | $1,100,000 | $1,100,000 | $1,100,000 |
| Down Payment | $38,500 | $275,000 | $0 |
| Monthly Mortgage Amount | $6,563 | $6,796 | $6,827 |
| Taxes | $1531 | $1531 | $1531 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $660 | $0 | $0 |
| Monthly Estimated Total | $9,075 | $8,648 | $8,679 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 03/25/2026. The listing information on this page last changed on 03/25/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 03/25/2026 5:24:44 AM EST) or MRED MLS (last updated Wed 03/25/2026 2:04:05 AM EST) or SCWMLS (last updated Tue 03/24/2026 11:54:43 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Tue 03/24/2026 10:15:20 PM EST) or Cedar Rapids MLS (last updated Tue 03/24/2026 10:44:14 PM EST) or NEIRBR MLS (last updated Wed 03/25/2026 1:18:41 AM EST) or ICAAR MLS (last updated Tue 03/24/2026 11:37:30 PM EST) or ECIMLS (last updated Tue 03/24/2026 11:44:12 PM EST) or RMLSA (last updated Wed 03/25/2026 1:10:55 AM EST) or Muscatine MLS (last updated Wed 03/25/2026 2:00:21 AM EST) or No Coast MLS (last updated Wed 03/25/2026 12:44:21 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. 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.
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