- For Sale $389,771
- Property Type Other
- Property Size 4,500 SF
- Lot Size 1.02 SF
- Year Built 1965
- Date Updated Jul 11, 2025
Colliers Net Lease Investment Group is pleased to present the opportunity to acquire a 100% fee simple interest in 27045 W Grass Lake Rd, a ±4,500 square foot bar and restaurant situated on approximately 1.02 acres in Antioch, Illinois. The property has been home to a long-standing, successful bar and restaurant that has operated at this location for over 10 years. The current owner acquired the asset in 2016 and inherited the existing tenant, whose lease is set to expire in April 2026.
The property generates an actual capitalization rate of approximately 7.85%, supported by consistent rental income and operational stability. The tenant is currently paying below market rent, creating a compelling value-add opportunity through future lease restructuring, re-tenanting, or potential owner-occupancy. With no renewal options in place, the next owner will have full control over the asset’s direction at lease expiration.
Whether acquired as an income-producing investment or repositioned for personal use, 27045 W Grass Lake Rd offers strong in-place returns, long-term upside, and full flexibility in a growing Lake County sub-market.
Reach out to the broker for more info on lease terms and amenities
Attachments
False
Contacts
Location
Getting Around
-
Walk Score ®
14/100
Car-Dependent
-
Bike Score ®
29/100
Somewhat Bikeable
- City Antioch, IL
- Zip Code 60002
- Market Chicago
Points of Interest
-
Fox Lake
2.84 miles
-
Lake Villa
3.57 miles
-
Antioch
4.53 miles
-
Round Lake Beach
5.17 miles
-
Washington Street (Grayslake)
6.94 miles
-
Taxi Stand
8.56 miles
-
Marathon
2.22 miles
-
Mobil
2.50 miles
-
STP
2.52 miles
-
Phillips 66
2.62 miles
-
Shell
2.78 miles
-
Thorntons
2.93 miles
-
BP
3.74 miles
-
SNK Fuels
4.10 miles
-
Tesla Supercharger
7.59 miles
-
ChargePoint
7.60 miles
-
Leisure Village
2.00 miles
-
<different> Boat Ramp
3.27 miles
-
Boat Launch
3.54 miles
-
Volo Bog State Nature Preserve
5.75 miles
-
Washington Street Station Parking
7.00 miles
-
Pioneer Landing
7.45 miles
-
Whitetail Prairie
8.12 miles
-
McHenry County Prairie Trail trailhead @ Harts Road
8.18 miles
-
Oak Opening
8.35 miles
-
The Roxana Resort
2.22 miles
-
Fox Lake Motel
3.07 miles
-
Best Western Plus
3.88 miles
-
Dragonfly Bed and Breakfast
4.06 miles
-
Fourth Lake Resort guest cabins
6.01 miles
-
Super 8
9.04 miles
-
Courtyard
9.65 miles
-
Granny's
1.71 miles
-
Sand Bar & Grille
1.99 miles
-
Z's Char Dogs
2.23 miles
-
Maravela's Banquets
2.58 miles
-
Tammy's Pizza
2.67 miles
-
Dino's Den
2.71 miles
-
Mr. Sub
2.76 miles
-
Za Za's Steakhouse & Italian
2.85 miles
-
Lucky Bernie's
2.87 miles
-
Whistle Stop Cafe
2.94 miles
-
Grass Lake Elementary School
0.73 miles
-
Gavin North Intermediate School
1.57 miles
-
Gavin Central Elementary School
2.45 miles
-
Saint Bede School
2.58 miles
-
Grant Community High School
2.65 miles
-
Allendale School
2.66 miles
-
Forest School
2.73 miles
-
Stanton School
2.90 miles
-
Stanton Middle School
2.93 miles
-
Emmons Grade School
2.97 miles
-
Kiddie Kottage
3.18 miles
-
La Petite Academy
4.84 miles
-
KinderCare
5.91 miles
-
Woodview Kindergarten
7.33 miles
-
Nature's Scholars
7.76 miles
-
The Goddard School
8.76 miles
-
McHenry Montessori School
9.58 miles
-
Hunt Club KinderCare
9.87 miles
Frequently Asked Questions
The space currently listed for sale at Bar with Game Machine - Antioch, IL asks for $389,771.
Bar with Game Machine - Antioch, IL totals 4,500 square feet.
Bar with Game Machine - Antioch, IL was built in 1965.
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.
