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$449,000
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Property Description
Discover an exceptional opportunity to own a spacious 4,800-square-foot restaurant situated on a generous 0.77-acre lot, encompassing five individual parcels for added space and flexibility. This restaurant is fully equipped and ready to bring your culinary vision to life. Inside, you'll find a 15-foot hood, a dedicated prep area, a walk-in cooler, and multiple stand-alone freezers, ensuring efficient kitchen operations. The inviting dining area accommodates up to 110 guests, complemented by a dedicated bar and a gaming area that currently features four gaming machines, with the potential to add two more for increased revenue. The property also includes an upstairs space, ideal for storage or use as an office. Ample parking across the five lots enhances accessibility for guests. With its thoughtful layout and endless possibilities, This property is well-equipped and ready for your vision. Situated in Ingleside, an unincorporated community in Lake County, Illinois, between Fox Lake, Round Lake Heights, and Lake Villa, this restaurant space offers prime accessibility just off Route 59 and near Fox Lake. Surrounded by other lakes and nearby residential subdivisions, it benefits from convenient access to Route 12, making it ideally positioned to serve the community. Plus, it's only a short drive to downtown Fox Lake, providing excellent proximity to nearby attractions and amenities.
Full Property Details
Full Property Details for 69 Washington St
General
- Price: $449,000
- Taxes: $12,267 (2022)
- Status: Active
- Type: Business
- Source: MRED
- MLS ID: 12331113
- Updated: 5/26/2025
- Added to Site: 288 day(s) ago
Business
- Business Type: Bar/Tavern/Lounge, Restaurant
- Years in Business: 11 or More
Interior
- Interior Features: Public Restroom(s), Storage Inside
Location
- Area: Ingleside
- County: Lake
- Driving Directions: Head north on US-12 W Slight right onto Illinois Rte 59 N right onto Devlin Rd Turn left onto Cty A20/Rollins Rd Turn left onto Washington St
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Utilities
- Water: Municipal Water
- Onsite: Electricity Available, Natural Gas Available, Water Available
Structural Information
- Stories/Levels: 2
- Square Feet: 4,800
Lot Features
- Lot Size (Sq. Ft.): 33,541
- Lot Size Range: .50 to .99 Acre
- Lot Dimensions: 254 x 121
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $999,999
- Tax Amount: $12,267.14
- Tax Year: 2022
Disclosures and Reports
- Property ID: 5113030010000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 69 Washington St
School District:Waukegan Community Unit School District 60
| Name | Grades | Distance |
|---|---|---|
North Elementary School, Waukegan, IL 410 Franklin Street, Waukegan, IL 60085 | K-5 | 0.7 mi |
Robert E Abbott Middle School 1319 Washington Street, Waukegan, IL 60085 | 6-8 | 0.9 mi |
Waukegan High School 1011 Washington Street, Waukegan, IL 60085 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 69 Washington St
Date
Details
Price
Change
Source
5/20/2025
Price Reduced
$449,000
-10.02%
MLS
4/07/2025
Listed
$499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 69 Washington St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,364
50%
$128,922
6%
2023
$6,923
6%
$121,453
53%
2022
$6,540
-1%
$79,142
9%
2021
$6,581
-7%
$72,899
1%
2020
$7,100
—
$71,857
-6%
2019
$7,070
-1%
$76,565
2%
2018
$7,144
4%
$75,412
-1%
2017
$6,872
-13%
$76,213
9%
2016
$7,882
64%
$69,703
81%
2015
$4,799
-39%
$38,600
—
2014
$7,888
5%
$38,600
-39%
2013
$7,541
10%
$63,008
-3%
2012
$6,845
—
$64,648
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 69 Washington St
69 Washington Street, Ingleside, IL 60041 (MLS# 12331113) is a Business property. 69 Washington Street is currently listed for $449,000 and was received on April 07, 2025. This property is listed by Paul Proano from our McMullen/O'Hare Office.Want to learn more about 69 Washington Street? Do you have questions about finding other Business real estate for sale in The Loop? You can browse all The Loop real estate or contact a Coldwell Banker agent to request more information.



