10 W GRAND AVE, LAKE VILLA, IL 60046 For Sale

Lovinger Partners - Baird and Warner is 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. The village of Lake Villa is eager to fill this property, they are offering grant programs along with the property being located in a TIF district. Over the next 3 years approximately 350 new residential units will be built within 2 miles of the restaurant. Please reach out to the village admin for specific opportunities for this property. 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.