SQUARE FEET9,165
MLS#12626713
STATUSActive
PROPERTY TYPECommercial - Retail
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
Property Features
Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.07 Acres
Roof Type: Membrane
Stories: 2.0
Taxes: $50,003
Year Built: 1925
Feature Descriptions
Current Use: Commercial
Electric: Service - 201 to 600 Amps
Exterior: Brick, Concrete
Fire Protection: Alarm Monitored, Alarm On Site, Ansul System, Fire Extinguisher/s, Smoke or Fire Protectors
Flooring: Concrete, Tile, Varies
Foundation: Concrete Perimeter
Frontage Type: City Street, County Road, Public Road
HVAC: Forced Air, Gas
Location: Central Business District, Mixed Use Area
Lot Dimensions: 26X95X54X141
Miscellaneous Indoor: Heavy Floor Load, Public Restroom/s, Storage Inside
Parcel#: 06263110060000
Parking: 31-50 Spaces
Units: 1
Utilities: Electric to Site, Natural Gas Available, Sewer Connected, Water Available
Listed By / Shown By
Listed By
Agency Name: @properties Commercial
Agency Phone: 312-337-0200
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
© 2026 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered marks of HomeServices of America, Inc. ®
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250 Center Street | MLS# 12626713
This commercial property located at 250 Center Street, Grayslake, IL 60030 is currently listed for sale with an asking price of $3,750,000. Search Grayslake real estate on www.bhhscrosby.com today.