Contacts

Property Details
- Property Type Other
- Lot Size 1.02 SF
- Year Built 1965
- Date Updated Jul 25, 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
Getting around
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Walk Score ®
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Location
- City Antioch, IL
- Zip Code 60002
- Market Chicago
Points of Interest
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Fox Lake
2.85 miles
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Lake Villa
3.56 miles
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Antioch
4.52 miles
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Round Lake Beach
5.16 miles
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Washington Street (Grayslake)
6.93 miles
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Taxi Stand
8.55 miles
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Marathon
2.20 miles
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Mobil
2.51 miles
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STP
2.52 miles
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Phillips 66
2.63 miles
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Shell
2.79 miles
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Thorntons
2.93 miles
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BP
3.73 miles
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SNK Fuels
4.09 miles
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Tesla Supercharger
7.59 miles
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ChargePoint
7.61 miles
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Leisure Village
2.01 miles
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<different> Boat Ramp
3.27 miles
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Boat Launch
3.53 miles
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Volo Bog State Nature Preserve
5.76 miles
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Washington Street Station Parking
6.99 miles
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Pioneer Landing
7.46 miles
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Whitetail Prairie
8.13 miles
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McHenry County Prairie Trail trailhead @ Harts Road
8.19 miles
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Oak Opening
8.35 miles
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The Roxana Resort
2.22 miles
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Fox Lake Motel
3.08 miles
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Best Western Plus
3.87 miles
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Dragonfly Bed and Breakfast
4.05 miles
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Fourth Lake Resort guest cabins
6.00 miles
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Super 8
9.05 miles
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Courtyard
9.64 miles
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Val's
2.83 miles
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Jewel-Osco
3.85 miles
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Piggly Wiggly
4.12 miles
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Big Lots
4.42 miles
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Walmart Supercenter
4.58 miles
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ALDI
4.72 miles
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Kohl's
4.91 miles
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Ross
4.94 miles
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TJ Maxx
7.39 miles
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JCPenney
7.40 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.