250 Center ST, Grayslake, IL 60030
250 Center ST, Grayslake, IL 60030
250 Center ST, Grayslake, IL 60030
250 Center ST, Grayslake, IL 60030
250 Center ST, Grayslake, IL 60030
250 Center ST, Grayslake, IL 60030
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Kathryn (Kathy) Jensen

Kathryn (Kathy) Jensen

+1(773) 757-8864
$ 3,750,000
Est. payment | /mo

9,165 SqFt

Save
$ 3,750,000
Est. payment | /mo
Save

9,165 SqFt

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 9,165 sqft

Price per Sqft $409

MLS Listing ID 12626713

Year Built 1925

Annual Tax Amount $50,003

Tax Year 2024

Lot Dimensions 26X95X54X141

Property Sub-Type Retail/Stores

Property 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

Location

State IL

County Lake

Area Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood

Zoning RTAIL

Interior

Cooling Central Air

Flooring Concrete, Tile, Varies

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Available, Sewer Connected, Water Available

Roof Type Membrane

Building

Dwelling Type Retail/Stores

Water Community Water, Municipal Water

Structure Type Brick,Concrete

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Michael Levin of  @properties Commercial 

Nearby Locations

Kathryn (Kathy) Jensen

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(773) 757-8864

kjensen@chicagorea.com

1941 N Elston Ave, Chicago, IL, 60642, USA

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250 Center ST