For Sale
$649,000

38652 Sheridan RdBeach Park, IL 60099

Established Tavern with High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional Beach Park, IL business opportunity presents a fully equipped 4,335 square foot bar and restaurant situated on a 26,136 square foot lot (APN 0433200022). Currently operating as a successful tavern with gaming, the property includes a fully functional kitchen and a dining room ready for activation. Additional features include a spacious basement for storage, a draft beer system, an outdoor deck, ample parking, and a separate storage garage. The property is zoned B1 and benefits from a high-traffic location with approximately 17,000 vehicles passing daily. The surrounding area boasts a young demographic (average age 34.6 years) and a population nearing 90,000, with an average household income exceeding $80,000 annually. This presents a compelling investment opportunity at an asking price of $649,000 ($149.71/sq ft). The single-story building is located at 38652 N Sheridan Rd, Beach Park, IL 60099. This turnkey operation is ready for a new owner to capitalize on its existing success and expand its potential. The property's strong location and existing infrastructure make it an ideal investment for experienced restaurateurs or entrepreneurs looking to enter the thriving Lake County market.

Highlights

  • $649,000 asking price for this 4,335 SF retail property.
  • Located at 38652 N Sheridan Rd, Beach Park, IL 60099.
  • Property includes a fully equipped kitchen, restaurant dining room, basement storage, exterior deck, ample parking, and a separate storage garage.
  • Currently operating as a tavern with gaming; B1 zoning.
  • Situated on a 26,136 SF lot with APN 0433200022.

Property Details for 38652 Sheridan Rd

Property type
Retail properties, Restaurants
Square Feet
4,335 SF
Buildings
1
Stories
1
Units
1

Location Insight

City
Beach Park
County
Lake
State
Illinois
Latitude
42.423103
Longitude
-87.8262361
38652 Sheridan Rd, Beach Park, Illinois

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38652 Sheridan Rd
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