Listing provided courtesy of HomeSmart Connect LLCMREDas Distributed by MLSGrid- MLS# 12497989MLS Provider

1440 E Grand AvenueLindenhurst, IL 60046

Commercial · 4,100 Sq. ft.
$899,990 Active

1440 E Grand Avenue Overview

Time on Site:
255 days
Visits:
14

Turnkey Mexican Seafood Restaurant + Real Estate. Fully remodeled former Burger King now operating as a successful Mexican seafood restaurant with established clientele. High-traffic location, ample parking, and sleek modern interior. Featuring a full bar and designated gaming area, the space is designed to maximize customer experience and revenue. A rare chance to own a thriving business and valuable commercial property-ready for immediate takeover!

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1440 E Grand Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 4,100
  • Price/Sq.ft. $220

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Existing Lease Type: Net
  • Net Operating Income: 0

Building Information

  • Year Built: 2000

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Lake
  • MLS Area Major: Lake Villa / Lindenhurst

Rent/Lease Information

  • Tenant Pays: Other

Tax Information

  • Tax Annual Amount: $17,547.04
  • Tax Year: 2024

General Information

  • Parcel Number: 02344020060000
  • Property Sub Type: Restaurant
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 4100

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Leasable Area: 4100
  • Stories: 1

Unit Information

  • Unit SqFt.: 4100

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: State Road
  • Lot Size Dimensions: 170 X 240
  • Lot Size Square Feet: 38946

1440 E Grand Avenue Neighborhood

Community

60046 (Lindenhurst) Demographics

38
Median Age
1,339
Population Density (per sq. mile)
51%
College Educated
$104,960
Estimated Median Income
9,827
Estimated Total Home Owners
2,165
Estimated Total Renters
82% / 18%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1440 E Grand Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1440 E Grand Avenue Market Data

Based on the last 30 days in this zip code

$397,632
Average List Price
$203
Average Price per Square Foot
43
Properties Sold
43
Average Days on Market
91
Properties for Sale
Calculations provided by Reliance Network

1440 E Grand Avenue History

Date Event Value Agent
10/22/2025Source: MRED Status Change
Active
10/17/2025Source: MRED Added to Database
October 17, 2025