89 E Grand Ave
Fox Lake, IL 60020
Lake Inn Restaurant & Bar · Retail Property For Sale

Currently offering a full menu of delicious starters, steaks, seafood, chicken & pork dishes, plus pasta, flatbreads, sandwiches, burgers, salad bar and more. Specializing in homemade soups, salads, dressings and bread. Serving lunch and dinner, plus breakfast all day long. Completely remodeled in 2015. New electrical and plumbing. All new decor, furniture and equipment. Full bar has 6 beer taps and 14 stools. Beautiful outside deck with seating for 24 right on the water. Parking for 30 cars. 4 boat docks! Roof was also replaced in 2011 and HVAC replaced in 2008. Plus, 4 gaming machines added in Apr 2015 and updated in Sep 2017. Fully equipped kitchen includes 12ft hood, 6 burner stove with oven, 3ft grill, 3ft flat top, 2 fryers, 3-well steam table, convection oven, refrigerated & freezer prep tables, walk-in cooler & freezer, bottle cooler, keg cooler and much more. Asset sale - no financials. Keep the current concept or make it your own at this wonderful location! Year Established: 1993 Property: Building on 1/4 acre. Real estate taxes $8,554 (2016). Square Feet: 2,500 Seating: 60 Inside & 24 Outside Days/Hrs of Operation: Mo-Th 10a-9p & Fr 10a-10p & Sa 9a-9p & Su 8a-7p Value of FF&E: Included in Asking Price Seller Financing: No Reasons for Selling: Retiring. Competition/Pros & Cons: Local favorite. Voted Best Breakfast in Lake county. Rare opportunity on both the main road and channel with boat docks. Growth & Expansion: Ideal waterfront location.