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95 W Grand Avenue

Lake Villa, IL 60046
  • $779,000
  • STATUS: Active
  • ON SITE: 981 Days
  • MLS #: 11421391
$779,000
  • 0
    BEDS
  • 1.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1980
County:
Area:

School Ratings & Info

Description

Cedar View Plaza Office Building (14,000 square feet and warehouse 1,280 square feet) being sold by original builder after 40 plus years ownership! This brick and frame professional office building offers lots of flexibility to lease space. Originally constructed for medical office the building has evolved into professional/service businesses. Most offices have natural light from large windows. Some spaces have views of Cedar Lake! Hallways have fresh paint and carpeting. Common area tile bathrooms on first and second floors. Climate controlled building has 4 rooftop units for heat and AC. Three HVAC units are newer along with newer roof coating. Landlord pays heat, air conditioning, sewer and water. Tenants can walk to downtown Lake Villa restaurants, bars and METRA station. Ample parking. Includes masonry 32x40 garage with fenced in material yard on one acre of land. Approx 85% occupied on year to year lease agreements. Village of Lake Villa will consider conversion of second floor to residential apartments. Long time owner looking to retire/get out of management. Financials upon request and NDA. Please allow 24 hours for showings. Grand Avenue land bridge construction to be completed end of 2024. Can access westbound on Grand. Call for office available office spaces.

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2025-02-06T23:59:54.467 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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95 W Grand Avenue Lake Villa, IL 60046

  • Price: $779,000
  • Status: Active
  • On Site: 981 Days
  • MLS #: 11421391
0
Beds
0
Baths
0
½ Baths
1.13
Acres
1980
Built
Neighborhood:
Lake
County:
Lake
Area:
Lake
Property Description
Cedar View Plaza Office Building (14,000 square feet and warehouse 1,280 square feet) being sold by original builder after 40 plus years ownership! This brick and frame professional office building offers lots of flexibility to lease space. Originally constructed for medical office the building has evolved into professional/service businesses. Most offices have natural light from large windows. Some spaces have views of Cedar Lake! Hallways have fresh paint and carpeting. Common area tile bathrooms on first and second floors. Climate controlled building has 4 rooftop units for heat and AC. Three HVAC units are newer along with newer roof coating. Landlord pays heat, air conditioning, sewer and water. Tenants can walk to downtown Lake Villa restaurants, bars and METRA station. Ample parking. Includes masonry 32x40 garage with fenced in material yard on one acre of land. Approx 85% occupied on year to year lease agreements. Village of Lake Villa will consider conversion of second floor to residential apartments. Long time owner looking to retire/get out of management. Financials upon request and NDA. Please allow 24 hours for showings. Grand Avenue land bridge construction to be completed end of 2024. Can access westbound on Grand. Call for office available office spaces.
Exterior Features

Docks None Exterior Building Type BrickCedarShingle Siding Foundation Details Concrete Perimeter Frontage Type State Road Outdoor Parking 31-50 Spaces Roof CompositionMembrane Roof Structure Mansard Water Drainage Storm Sewers

Interior Features

Cooling Central Air Flooring CarpetConcreteTileVariesVinyl Heat Ventilation Forced AirGas Miscellaneous Inside Inside Corridor/sJanitorial ServiceMulti-TenantOverhead Door/sPrivate Restroom/sPublic Restroom/s Number Of TLDocks 0

Property Features

Additional Parcels YN No Approximate Age 36-50 Years Building Area Total 15302 Built Before1978 YN No Current Use Office Electric Separate MetersService - 0 to 100 Amps Fire Protection Smoke or Fire Protectors Geographic Locale North Suburban Gross Income 0 Gross Scheduled Income 0 Leasable Area 1500 Location Mixed Use AreaWater View Mls Actual Status Active Net Operating Income 0 Number Of Tenants 18 Operating Expense 0 Ownership Types Limited Liability Corp Possible Use CommercialCondominiumOffice and ResearchRetailSpecial Use Property Offered For Sale or Rent Property Sub Type Office Rental Price 16 Tax Annual Amount 21876 Tax Year 2022 Tenant Pays ElectricityVaries by Tenant Total Monthly Income 0 Township Lake Villa Type Office/Tech Utilities Electric to SiteGas to SiteSanitary SewerWater-MunicipalWater to Site Zoning COMMR

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Robert E. Frank Real Estate: 847-356-5263.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2025-02-06T23:59:54.467 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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