Following repeated criminal complaints, Mundelein officials have pulled the liquor license for the Blue 60 Bar and Grill.
The revocation was delayed 60 days, however, to give owner Steve Itsines time to sell the beleaguered business.
If officials had decided to yank Blue 60's liquor license outright, alcohol could not to be served at the property for one year, regardless of who owns it or what the business is called.
Itsines was fined $1,500, too, officials said.
Monday's decision comes more than a month after the village liquor commissioners and police officials, fed up with illegal activity at the bar, made it clear they wanted Itsines out.
Blue 60 opened in August 2011 on the north side of Route 60 just west of Route 45.
Mundelein police Chief Raymond J. Rose wanted officials to revoke Blue 60's liquor license following a July 4 brawl that prompted 12 citations and led to a one-week license suspension.
Charges included serving alcohol to minors, overserving intoxicated patrons, exceeding building capacity and blocking building exits, police said.
Other complaints had been filed against the bar earlier, too.
The site has been an unlucky one for entrepreneurs. Four restaurants opened and closed there between 1997 and 2008.
The tenant before Blue 60 was the Fuel Bar & Grill, which opened in 2007 but shut down a year later after an undercover police operation led to arrests there.