250 Center Street, Grayslake, IL 60030 | MLS #12626713 | Berkshire Hathaway HomeServices Chicago
 
Listing provided courtesy of @properties CommercialMREDas Distributed by MLSGrid- MLS# 12626713MLS Provider

250 Center StreetGrayslake, IL 60030

Commercial · 9,165 Sq. ft.
$3,750,000 Active

250 Center Street Overview

Time on Site:
47 days
Visits:
3

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

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250 Center Street Facts & Features

  • Type Commercial
  • Sq. ft. 9,165
  • Price/Sq.ft. $409

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Net Operating Income: 276000

Building Information

  • Year Built: 1925

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Lake
  • MLS Area Major: Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood
  • Township: Avon

Tax Information

  • Tax Annual Amount: $50,003.00
  • Tax Year: 2024

General Information

  • Parcel Number: 06263110060000
  • Property Type: Commercial Sale
  • Zoning: RTAIL

Interior

Building Interior

  • Building Area Total: 9165

General Information

  • Cooling: Central Air
  • Electric: Service - 201 to 600 Amps
  • Flooring: Concrete, Tile, Varies
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 9165
  • Stories: 2

Unit Information

  • Unit SqFt.: 9165

Exterior

Lot Information

  • Additional Parcels: Yes
  • Frontage Type: City Street,County Road,Public Road
  • Lot Size Dimensions: 26X95X54X141
  • Lot Size Square Feet: 3180
  • Water Source: Community Water, Municipal Water

Building Exterior/Construction

  • Construction Materials: Brick, Concrete
  • Roof: Membrane

General Information

  • Number Of Units Total: 1
  • Utilities: Electric to Site,Natural Gas Available,Sewer Connected,Water Available

250 Center Street Neighborhood

Community

60030 (Grayslake) Demographics

42
Median Age
1,316
Population Density (per sq. mile)
56%
College Educated
$92,697
Estimated Median Income
11,079
Estimated Total Home Owners
2,861
Estimated Total Renters
79% / 21%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

250 Center Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

250 Center Street Market Data

Based on the last 30 days in this zip code

$415,713
Average List Price
$205
Average Price per Square Foot
46
Properties Sold
43
Average Days on Market
124
Properties for Sale
Calculations provided by Reliance Network

250 Center Street History

Date Event Value Agent
5/18/2026Source: MRED Status Change
Active
5/13/2026Source: MRED Added to Database
May 13, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022