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$ 775,000
Est. payment | /mo
5,098 SqFt
$ 775,000
Est. payment | /mo
5,098 SqFt
Key Details
Property Type Commercial
Sub Type Bus / Bus w/Real Est
Listing Status Active
Purchase Type For Sale
Square Footage 5,098 sqft
Price per Sqft $152
MLS Listing ID 12805748
Annual Tax Amount $10,562
Tax Year 2025
Lot Dimensions 125 X 261
Property Sub-Type Bus / Bus w/Real Est
Property Description
Exceptional Investment Opportunity in the Chain O' Lakes Area! A rare opportunity to own a well established neighborhood tavern accompanied by four Income-producing rental cabins, offering multiple revenue streams and outstanding potential for future growth. Ideally situated on a corner lot with great visibility along State Route 173, this unique investment combines a fully operational tavern, gaming income, and four rental properties. The tavern is fully operational, and all four rental cabins are currently rented, providing immediate cash flow from day one. The property also offers outdoor space with potential for additional enhancements, expanded seating, or other amenities to further increase its appeal and income potential. The sale includes the entire package: the established business, land, building, and all four income-producing rental cabins. Whether you're an experienced investor or an entrepreneur looking to own and operate your own business, this is a unique opportunity to acquire an established, multi-income-producing property in the desirable Chain O' Lakes area. One transaction, multiple income opportunities, and plenty of room to grow!
Location
State IL
County Lake
Area Antioch
Zoning COMMR
Interior
Cooling Central Air, Wall Sleeve
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available
Roof Type Composition
Building
Dwelling Type Bus / Bus w/Real Est
Sewer Septic Tank
Water Well
Structure Type Brick,Other

© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jack Fields of Realty World Tiffany R.E.
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