250 Center Street — Grayslake, IL 60030
Active
Grayslake, IL 60030

250 Center Street

$3,750,000
0 beds · 0 baths
Listed at $3,750,000 7 days on market $50,003/yr taxes
01About this home

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

02Inside the home
03By the numbers
$3,750,000
List price
Square feet
Bedrooms
Bathrooms
1925
Year built
Lot size
Garage spaces
$50,003
Annual taxes
Retail/Stores
Style
7
Days on market
04Features
Cooling
Central Air
Construction
BrickConcrete
05Neighborhood
  • First Draft 50 ft
  • Charlie's Pub 50 ft
  • Fred's Diner 50 ft
  • Twisted Burger 100 ft
  • Emil's Pizza & Pub 300 ft
  • Whintey Street Diner 300 ft
  • Casey's General Store 0.5 mi
  • Grayslake Stop & Shop 0.7 mi
  • Butera Market 0.8 mi
  • Jewel-Osco 0.9 mi
  • Circle K 0.9 mi
  • Mobil Mart 1.5 mi
  • Gelatin Park 950 ft
  • Memorial Park 0.3 mi
  • Central Park 0.3 mi
  • Jaycee Park 0.3 mi
  • Jones Island Park 0.6 mi
  • Cherry Creek Park 0.6 mi
  • Something's Brewing Coffee 750 ft
  • YHANA’s Boba Cafe 0.2 mi
  • Starbucks 0.7 mi
  • Dunkin' 0.8 mi
  • Starbucks 1.4 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

May 13, 2026
Listed for saleThis listing
@properties Commercial
$3,750,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

Real answers about this home — pricing, schools, what to ask, anything.

08See it for yourself

Stand in the kitchen.
See the light at 4pm.

Photos can only do so much. Pick a time — we'll meet you at the door.

Connect with Ewelina, Anna, or Nadeem — real people on our team, no call centers.
Listed by @properties Commercial · Michael Levin
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12626713
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