This Property is no longer advertised on LoopNet.com.

34028 N US Highway 45
Grayslake, IL 60030
Property For Lease

Highlights

  • Next to Bar
  • All New Kitchen Equipment and Appliances
  • Heavy Traffic
  • Just Remodeled

Property Facts

Property Type Retail
Property Subtype Restaurant
Gross Leasable Area 15,000 SF
Year Built 1947

About the Property

If you are looking for a recently remodeled kitchen with all new kitchen equipment and appliances then look no further. Over the past year we remodeled the restaurant side of the building including replacing the flooring in the dining room, fridge/freezer room, and remodeling the employee bathroom. As far as the kitchen equipment goes, we bought a brand new commercial stove/oven ($2,500) and a refurbished charbroiler ($1,800) to compliment our already existing two deep fryers, and flat top griddle. All the fridges and freezers are brand new (3 brand new commercial fridges, 2 brand new commercial freezers, brand new 71 inch pizza prep table - all worth $17,000). The ansul system was completely replaced in December ($4,000) as well. All new equipment and appliances together cost over $30,000. The most unique thing about this opportunity is that the restaurant is located directly next to an established and thriving bar. (The bar is not for rent - just the restaurant) The bar does not serve any food resulting in the lessee having exclusive rights to sell their food at the bar. This is a huge benefit since any new restaurant will find an existing customer base from day one - something few available restaurant spaces can say. In the restaurant industry location is always of great importance. This building is located on the intersection of US Highway 45 and Gages Lake Rd meaning that tens of thousands of cars drive by everyday. Being on such a major intersection is a huge benefit to any restaurant as there is great visibility and loads of potentially hungry mouths driving by. Since the restaurant will have exclusive rights to sell food to the bar, any lessee will not be able to get a liquor license since the bar already offers alcohol on the premises.

  • Listing ID: 28072382

  • Date on Market: 3/27/2023

  • Last Updated:

  • Address: 34028 N US Highway 45, Grayslake, IL 60030

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}