Save
Ask
Tour
Hide
Share
$3,750,000
7 Days On Site

250 Center Street
Grayslake, IL 60030

For Sale|Retail|Active
0
Beds
0
Total Baths
9,165
SqFt
$409
/SqFt
1925
Built
County:
Lake
Listing Courtesy of MRED as distributed by MLS Grid of @properties Commercial

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

250 Center Street250 Center Street250 Center Street250 Center Street
Save
Ask
Tour
Hide
Share

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

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$3,750,000
Days On Site 
7 Days
Bedrooms 
N/A
Inside Area (SqFt) 
9,165 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1925
MLS® Number 
12626713
Status 
Active
Property Tax 
$50,003
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
2 days agoStatus changed to Active
a week agoListing first seen on site
General Features
Additional Property Use 
Commercial
Foundation 
Concrete Perimeter
Number Of Stories 
2
Property Sub Type 
Retail
SqFt Total 
9165
Utilities 
Natural Gas AvailableSewer ConnectedWater Available
Zoning 
RTAIL
Interior Features
Cooling 
Central Air
Flooring 
ConcreteTileVaries
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
BrickConcrete
Roof 
Membrane
Community Features
MLS Area 
Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood
Township 
Avon
Listing Courtesy of MRED as distributed by MLS Grid of @properties Commercial



Based on information submitted to the MLS GRID as of 2026-05-21 05:42 AM UTC. 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.
Last checked: 2026-05-21 05:42 AM UTC
MRED DMCA Copyright Information Copyright © 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share