35480 N Fairfield Road, Round Lake, IL 60073 - Photo 1

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$699,000 Just Listed

For Sale
Active
Business
4,179 Sq. Ft.
Updated 23 hours ago

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Property Description

Established bar featuring pool tables and video gaming, plus a 2-bedroom apartment generating $1,400/month in rental income. Located on a busy corner with excellent visibility, the property offers ample parking and room for future expansion. Fully equipped bar includes walk-in refrigeration and all necessary fixtures. Please do not speak with customers or staff. No signage on the property. Showings by confirmed appointment only. Great opportunity to own and operate your own business.

Full Property Details

Full Property Details for 35480 N Fairfield Rd

General

Price: $699,000
Taxes: $61,840,599 (2025)
Status: Active
Type: Business
Source: MRED
MLS ID: 12726538
Updated: 8/6/2026
Added to Site: 2 day(s) ago

Business

Business Type: Bar/Tavern/Lounge
Years in Business: 11 or More

Location

Area: Round Lake Beach / Round Lake / Round Lake Heights / Round Lake Park
County: Lake
Driving Directions: SW corner of Fairfield Rd & Lake Shore Dr. South of Rollins.

Heating & Cooling

Cooling Type: Central Air Conditioning
Heating Type: Forced Air, Gas

Structural Information

Stories/Levels: 2
Square Feet: 4,179

Lot Features

Lot Size (Sq. Ft.): 15,635
Lot Size Range: .25 to .49 Acre
Lot Dimensions: 101 x 166.9 x 100 x 153.4
Zoning: COMMR

Financial Considerations

For Sale/Rent/Lease: For Sale Only
Tax Amount: $61,840,599
Tax Year: 2025
Tenant Pays: Electricity, Taxes, Insurance, Sewer

Disclosures and Reports

Property ID: 6184010110000

Listed by RE/MAX Plaza

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Schools

Schools serving 35480 N Fairfield Rd

School District:Round Lake Community Unit School District 116

Name	Grades	Distance
Indian Hill Elementary School, Round Lake Heights, IL 1920 North Lotus Drive, Round Lake Heights, IL 60073	1-5	0.6 mi
Pleviak Elementary School 304 East Grand Avenue, Lake Villa, IL 60046	K-	3.1 mi
Round Lake Middle School 2000 North Lotus Drive, Round Lake Heights, IL 60073	6-8	0.7 mi
Round Lake Senior High School 800 High School Dr, Round Lake, IL 60073	9-12	1.4 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 35480 N Fairfield Rd Get Price Alerts and Save Property

Date

Details

Price

Change

Source

8/06/2026

Listed

$699,000

86.4%

MLS

3/26/2007

Sold

$375,000

—

Public Record

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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 35480 N Fairfield Rd

Year

Property Taxes

Change

Tax Assessment

Change

2024

$4,712

$57,980

11%

2024

$4,350

$52,352

2023

$4,013

-7%

$48,047

11%

2022

$4,305

$43,363

2021

$4,215

$41,679

2020

$4,120

—

$39,657

-9%

2019

$4,120

-25%

$43,405

—

2018

$5,490

$43,331

2017

$5,302

$40,759

2016

$5,143

$37,625

2015

$5,075

—

$34,373

—

2014

$5,076

$34,373

-3%

2013

$5,025

$35,457

-11%

2012

$4,951

—

$39,959

—

View All

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 35480 N Fairfield Rd

35480 N Fairfield Road, Round Lake, IL 60073 (MLS# 12726538) is a Business property. 35480 N Fairfield Road is currently listed for $699,000 and was received on August 06, 2026. Want to learn more about 35480 N Fairfield Road? Do you have questions about finding other Business real estate for sale in Round Lake? You can browse all Round Lake real estate or contact a Coldwell Banker agent to request more information.

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35480 N Fairfield Rd Round Lake, IL 60073