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454 Center St
Grayslake, IL 60030
Dog N Suds Drive-In · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
1,700 SF
Year Built/Renovated
1963/2010
Building Height
2 Stories
Building FAR
0.07
Lot Size
0.58 AC
Parking
30 Spaces (10 Spaces per 1,000 SF Leased)

AMENITIES

  • Pylon Sign
  • Restaurant
  • Signage
  • Air Conditioning

ABOUT 454 CENTER ST , GRAYSLAKE, IL 60030

Serving an extensive menu of delicious classic American foods including hot dogs, burgers, chicken, wraps, specialty sandwiches, sides, drinks and floats. Also kids meals. Dine outside, car hop service or to go. Also call-in orders. A thriving, successful business for 55 years. Current owner for 23 years. Only open 7 months a year (Late February - Late September) - 5 months of free time! No royalty, advertising or transfer fees. Asking price also includes a concession trailer, currently operated at 3 festivals a year. Prime retail space in a freestanding building with plenty of parking on busy Center St just west of Route 83. Year Established: 1963 (Current Owner Since 1996) Property: Approximately 25,000 SqFt ~ 1/2 Acre. Real estate taxes $11,718. Square Feet: 1,500 + 200 SqFt Basement Seating: 30 + Car Spots Days/Hrs of Operation: Daily 11a-9p # Of Employees: 25 Part-Time Training: Two weeks on-site comprehensive training. Gross Sales: $370,609 Cash Flow (Net Operating Income): $130,463. Value of FF&E: Included In Asking Price Reasons for Selling: Retiring Competition/Market: So Dog-Gone Good! An original. A classic drive-in. Fun retro car hop service. One of the few remaining, there are three others in Illinois and fourteen altogether. An iconic part of American culture. Boasts "World Famous" root beer, root beer floats, Coney dogs, Texas burgers and homemade cole slaw. "The World's Creamiest Root Beer." Everything cooked fresh to order. Known for their fast and friendly service. Highly rated and recommended. Growth & Expansion: Well established. A stable in the community. Has stood the test of time. A longtime favorite. Lots of regulars for generations. Serving between 65,000 and 70,000 customers every season.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-26-312-015
Land Assessment
$15,251
Improvements Assessment
$9,888
Total Assessment
$25,139
  • Listing ID: 14479473

  • Date on Market: 11/26/2018

  • Last Updated:

  • Address: 454 Center St, Grayslake, IL 60030

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