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- LoopNet Team
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 | Gross Leasable Area | 15,000 SF |
| Property Subtype | Restaurant | Year Built | 1947 |
| 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
The Retail Property at 34028 N US Highway 45, Grayslake, IL 60030 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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