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$4 Just Listed
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Property Description
Opportunity to own and operate a business with Mutiple income sources. Property is restaurant/Bar and so much more. There is an apartment above the business that has been recently remolded and could be rented out for additional income or to live in while you run the business. There is a full kitchen with lunch and dining services. Breakfast should be added to increase income. A large bar that is very popular in the area. Video Gaming, pool table, darts, Multiple ATM's and touch tunes. This location has a large patio and plenty of parking. Basement is used for utilities/storage and has been updated with a new keg cooler room for the upstairs taps. New well and pump just added Hundreds of thousands in recent updates. The property can be sold many ways. Just business or just real estate. Just Real Estate- $580,000. Just the business- $269,000 Everything together business and real estate. Fun investment or job opportunity!
Full Property Details
Full Property Details for 211 W Grass Lake Rd
General
- Price: $4
- Taxes: $6,500 (2023)
- Status: Active
- Type: Business
- Source: MRED
- MLS ID: 12721098
- Updated: 8/12/2026
- Added to Site: 2 day(s) ago
Business
- Name: Corner Crossing
- Business Type: Bar/Tavern/Lounge, Food & Beverage, Restaurant
- Years in Business: 1 to 3 Yea
Location
- Area: Lake Villa / Lindenhurst
- County: Lake
- Driving Directions: Rt. 83 South of Grass Lake Rd. to property on East Side of 83 next to train tracks
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Gas
Structural Information
- Stories/Levels: 2
- Square Feet: 16,988
- Current Bldg. Use: Commercial
Lot Features
- Lot Size Range: Less than .25 Acre
- Zoning: COMMR
Financial Considerations
- Lease Price: $4
- For Sale/Rent/Lease: For Rent Only
- Operating Expenses: $141,612
- Tax Amount: $6,500
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Electricity, Heat, Insurance, Scavenger, Sewer, Varies by Tenant, All Utilities
Disclosures and Reports
- Ownership: Individual
Listed by Real Broker, LLC
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Schools
Schools serving 211 W Grass Lake Rd
School Districts:Antioch Community High School District 117, Antioch Community Consolidated School District 34
| Name | Grades | Distance |
|---|---|---|
Oakland Elementary School, Lake Villa, IL 818 E Grass Lake Rd, Lake Villa, IL 60046 | K-5 | 1.4 mi |
Hillcrest Elementary School, Antioch, IL 433 East Depot Street, Antioch, IL 60002 | K-5 | 2.8 mi |
Antioch Upper Grade School 800 Highview Drive, Antioch, IL 60002 | 6-8 | 2.6 mi |
Antioch Community High School 1133 Main Street, Antioch, IL 60002 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 211 W Grass Lake Rd
Date
Details
Price
Change
Source
8/12/2026
Listed
$4
-100%
MLS
8/29/2005
Sold
$350,000
—
Public Record
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 211 W Grass Lake Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,573
5%
$89,011
8%
2024
$7,223
1%
$82,410
12%
2023
$7,181
8%
$73,791
5%
2022
$6,674
2%
$70,113
7%
2021
$6,523
-2%
$65,422
3%
2020
$6,623
—
$63,615
5%
2019
$6,623
5%
$60,835
3%
2018
$6,325
2%
$59,082
5%
2017
$6,218
3%
$56,237
4%
2016
$6,065
1%
$54,272
3%
2015
$6,011
-2%
$52,892
—
2014
$6,132
-1%
$52,892
-4%
2013
$6,187
3%
$55,319
-9%
2012
$5,984
—
$60,586
—
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 211 W Grass Lake Rd
211 W Grass Lake Road, Lake Villa, IL 60046 (MLS# 12721098) is a Business property. 211 W Grass Lake Road is currently listed for $4 and was received on August 12, 2026. Want to learn more about 211 W Grass Lake Road? Do you have questions about finding other Business real estate for sale in Lake Villa? You can browse all Lake Villa real estate or contact a Coldwell Banker agent to request more information.

