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sales rep | Brivity IDX

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250 Center St , Grayslake, IL 60030
$3,750,000
Est. Payment: $20,465.29/mo
9165 Sqft
0.07 Acres
Status: active | Days on site: 7
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85348 - 139260
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House Description

Fantastic sale leaseback opportunity in Grayslake, 250 - 266 Center St Grayslake, IL. Well Positioned on a prime corner on Center street and Seymour Ave. The First draft Bar/Restaurant and Entertainment complex is available for purchase on a Sale Leaseback basis, The Owner/Tenant will discuss a 10 year or longer lease on an NNN Schedule, The multi-level restaurant/Bar space building is 9165 SQ Ft, with a full and completely buildout kitchen, Black Iron, Full ANSUL Fire Control System Freezers and food prep/catering areas, All FF&E top Quality, Feature Upper and lower dining areas, outdoor patios, and Upper Level outdoor dining areas. Upper and lower-level Bars with full high-end Buildouts, & Beverage hookups. The expansive second floor is ideal for private events and Large Parties, The building supports a mix of restaurant, entertainment, and Banquet Uses, Absolute top of the Line Buildout, C-B Zoning, Full fire control and Sprinkler System, An Amazing location in the heart of The Downtown Grayslake Shopping District. Located just west of Rt 83. surrounded by established neighborhood retail. An Outstanding investment opportunity benefiting from in-place income Do not Bother the Tenant, Call Listing broker for all showings, Pin Numbers - 0626311006- 0626311007

Highlights

Listed by Michael Levin , 847-977-5389 @properties Commercial , 312-337-0200. Midwest Real Estate Data mls logo

Property Type

Commercial Sale

Lot/Acreage
0.07

Year Built

1925

County

Lake

Area

Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood

Listing ID

12626713

Questions about this listing?

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Interior Features

Air Cond:Central Air
Fireplaces:
Floor:Concrete,Tile,Varies
Water:Community Water,Municipal Water

Exterior Features

Lot Dimensions:26X95X54X141
Zoning:RTAIL
Roof:Membrane
Parking Features:31-50 Spaces
Principal Interest
$20,465
Taxes
$4,167

Home Price

$3,750,000

Loan Details

30 yrs
7.25%

Down Payment

20%
$750,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$20,465.29

Principal

Taxes

Principal Taxes HOA Total
Monthly $20,465.29 $4,166.92 $0.00 $24,632.21
Yearly $245,583.46 $50,003.00 $0.00 $295,586.46
Total $7,367,503.82 $1,500,090.00 $0.00 $8,867,593.82
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Master Chief
Lender
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Market insight data is pulled from the same city as the listing being viewed (Grayslake, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. 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. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T06:57:04.000Z

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