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$ 1,489,999
Est. payment /mo
New
161 Center ST Grayslake, IL 60030
4,702 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 4,702 sqft
Price per Sqft $316
MLS Listing ID 12777259
Year Built 1945
Annual Tax Amount $15,345
Tax Year 2025
Lot Dimensions 131.8X38.7
Property Sub-Type Retail/Stores
Property Description
Great freestanding masonry commercial restaurant Retail building, In downtown Grayslake, Prime location on bustling Center Street Currently built out as a full modern restaurant and bar with a modern commercial kitchen, Features a Black iron cook area with ANSUL System, Currently leased through September, 2027. At the termination of the lease, all fixtures constructed by Lessee, including but not limited to any bars/counters where alcoholic beverages are served, and any built-in liquor cabinets and exhaust/smoke hoods, but excluding any walk-in coolers, shall at Lessor's option, remain for the benefit of the Lessor. Equipped with an expansive Commercial Kitchen, Industrial Hood, Walk-in Freezer/Refrigeration, Turn-key, restaurant and Bar space. Guests can enjoy a vibrant atmosphere with a 50-seat dining room, 25 bar seats, Now is your chance to own a stunning, fully built-out/bar/restaurant in the heart of downtown Grayslake C-B Zoning, Building is 4702 SQ FT feet, Lot is 5820 SQ FT, 6400 (VPD) cars pass this location a day. Right near the corner of Center street & Whitney Great Visibility, Great Demographics, Bldg is completely rehabbed, & very well maintained, Updated ADA Men's and Women's Restrooms, Great signage area, classic facade, 14 FT ceilings, 200 amp electric system, very bright, modern lighting, Gas heat, Completely modern updated wiring for computer and phone system, Updated HVAC, Great potential here, Perfect for an owner user, ideal for a variety of commercial uses, Restaurant Bar, Retail, Ghost Kitchen, Professional use Office insurance, Lawyer, Real estate, Medical use, school, adult education center, Area Retailers and business include, First Draft Bar restaurant, Abel's Cantina Whitney Street Diner, Charlies Bar, The Vine - Martini & Wine Bar Romney Brown Candle Company PIN NUMBER - 0626314039 Do not bother tenant, Call listing agent for showing.
Location
State IL
County Lake
Area Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood
Zoning COMMR
Interior
Cooling Central Air
Flooring Concrete, Tile, Varies
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Sewer Connected, Water Available, Cable Available
Roof Type Fiberglass,Membrane
Building
Dwelling Type Retail/Stores
Sewer Public Sewer
Water Community Water, Municipal Water
Structure Type Brick
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Listed by Michael Levin of @properties Commercial