7680 Grand AveGurnee, IL 60031

For Sale
$1,500,000

Established Restaurant, 7,800 SF, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional turnkey restaurant opportunity is located at 7680 Grand Ave, Gurnee, IL 60031. The property boasts a substantial 7,800 square feet of space, situated on a sizable 49,319 square foot lot. Built in 1990, the single-story building is zoned C-3, offering flexibility for various commercial uses. The asking price is $1,500,000, translating to $192.31 per square foot. The interior features a fully equipped kitchen, complete with all furniture, fixtures, and equipment (FFE). A unique bar area, highlighted by a built-in tree design, adds character and ambiance. Further enhancing its versatility, a second-level party room provides ample space for private events or expanded dining capacity. The generous lot size presents potential for outdoor seating or future expansion. This established restaurant is ready for immediate operation, presenting a rare opportunity to acquire a thriving business in a desirable location within Lake County, Illinois. The property's prime location on Grand Avenue in Gurnee ensures high visibility and accessibility. This is an ideal investment for experienced restaurateurs seeking a well-established business with significant growth potential. The property's single-tenancy status offers streamlined management and control. The property's APN is 07074070160000.

Highlights

  • Turnkey restaurant, 7,800 SF, on a 49,319 SF lot in Gurnee, IL.
  • Asking price: $1,500,000 ($192.31/SF).
  • Fully equipped kitchen, bar, and second-level party room included.
  • C-3 zoning, single-story building (1990 construction).
  • High-visibility location on Grand Ave., Gurnee, IL.

Property Details for 7680 Grand Ave

Property type
Other retail properties, Restaurants
Square Feet
7,800 SF
Year Built
1990
Stories
1

Location Insight

City
Gurnee
County
Lake
State
Illinois
Latitude
42.3864515
Longitude
-87.9920774
7680 Grand Ave, Gurnee, Illinois

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7680 Grand Ave
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