Lake Villa, IL Commercial Real Estate for Sale

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Lindenhurst, IL Round Lake Beach, IL Grayslake, IL
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Lake Villa Retail Opportunity
Updated: Jul 2, 2025
Lake Villa Retail Opportunity

855 E Grand Ave, Lake Villa, IL

$3,250,000
16,299 sqft · 3.08 AC lot
Retail property for sale
Located in Lake Villa, Illinois
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855 E Grand Ave, Lake Villa, IL

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Cedar View Plaza Office Building
Updated: Nov 15, 2025
Cedar View Plaza Office Building

95 W Grand Avenue, Lake Villa, IL 60046

$779,000
15,280 sqft · 1.13 AC lot
Prime location: Walkable to downtown Lake Villa restaurants, bars, and METRA station.
Flexible office space: Suitable for professional/service businesses, originally designed for medical offices.
Substantial building size: 14,000 sq ft office building plus a 1,280 sq ft warehouse/garage.
Income potential: Long‑term tenants in place (Air Technicians, Brooks Allen, Business to Business).
Recent upgrades: Newer GacoFlex roof coating and 4 newer rooftop HVAC units.
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Versatile Commercial Property on Route 59
Versatile Commercial Property on Route 59

37733 N IL Route 59, Lake Villa, IL 60046

$487,400
2.16 AC lot

Mixed-use property with commercial zoning and residential potential.

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Commercial Land on Milwaukee Avenue
Commercial Land on Milwaukee Avenue

300 N Milwaukee Avenue, Lake Villa, IL 60046

$1,850,000

Corner lot available on Milwaukee Avenue and Cedar Avenue.

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Turn-Key Restaurant and Bar Opportunity
Turn-Key Restaurant and Bar Opportunity

10 W Grand Avenue, Lake Villa, IL 60046

$1,100,000

Restaurant and bar in Lake Villa, ready for immediate operations.

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Industrial Land in Thriving Park
Industrial Land in Thriving Park

Park Avenue lot: #22, Lake Villa, IL 60046

$139,900
0.70 AC lot

Commercial land suitable for new business venture in Lake Villa.

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Versatile Commercial Property on Milwaukee Ave
Versatile Commercial Property on Milwaukee Ave

35220 N Illinois 83, Lake Villa, IL 60046

$1,800,000
5,788 sqft · 2.00 AC lot

Contractor property with office, shop space, and fenced yard.

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Land Near Metra Station
Land Near Metra Station

36220 N Il Route 83, Lake Villa, IL

$4,500,000
21.59 AC lot

Commercial land for sale near Metra Station.

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Grand Avenue Car Wash Opportunity
Grand Avenue Car Wash Opportunity

35980 US-45, Lake Villa, IL 60046

$1,600,000
4.33 AC lot

4.33-acre car wash opportunity in Lindenhurst, IL.

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Cedar View Plaza Office Building
Cedar View Plaza Office Building

95 W Grand Ave, Lake Villa, IL 60046

$779,000
15,300 sqft · 1.00 AC lot

Professional office building with warehouse, ample parking, and conversion potential.

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Retail
Retail

850 Tower Dr, Lake Villa, IL 60046

$4,200,000
1 sqft

Shopping centers

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Prime Development Land on IL-59
Prime Development Land on IL-59

37696 N Illinois 59, Lake Villa, IL 60046

Contact for pricing
4.10 AC lot

4.1 acres of commercial land ready for development.

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Commercial Land in Amber Shores
Commercial Land in Amber Shores

37696 N Illinois 59 Lots 33-41, Lake Villa, IL 60046

$749,000
2.29 AC lot

99,894 Sq. Ft. vacant land ready for development.

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Commercial Land for Development
Commercial Land for Development

37542 N Illinois 59, Lake Villa, IL 60046

$249,000
0.89 AC lot

Vacant commercial land ready for development in Lake Villa.

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Grand Avenue Development Opportunity
Grand Avenue Development Opportunity

19151 W Grand Ave, Lake Villa, IL 60046

$4,100,000
10.40 AC lot

10.4 acres available for sale and development.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 15 Active listings in Lake Villa, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Land For Sale Near Retail
Land For Sale Near Retail

22458 IL Route 173, Antioch, IL 60002

$2,600,000
9 sqft

Vacant land suitable for retail, medical, sports, or PUD.

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Commercial Land with Lake Frontage
Commercial Land with Lake Frontage

4.73AC 59 Highway, Antioch, IL 60002

$430,000
4.73 AC lot

4.73 acres of commercial land with B-3 zoning.

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Versatile Commercial Property in Lindenhurst
Versatile Commercial Property in Lindenhurst

625 N Bridgeport Ter, Lindenhurst, IL 60046

$1,520,000
6,500 sqft

Adaptable commercial space with retail, restaurant, office, and special use potential.

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Versatile Lindenhurst Property with Warehouse
Versatile Lindenhurst Property with Warehouse

625 Bridgeport Terrace, Lindenhurst, IL 60046

$1,520,000
9,128 sqft

Mixed-use property with retail space, warehouse, and redevelopment potential.

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Off-Market Properties in Lake Villa, IL

Consider similar Off-Market properties in Lake Villa, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

133 Cedar Ave
RETAIL STORES (PERSONAL SERVICES)

133 Cedar Ave, Lake Villa, IL 60046-8410

Value Estimation by Request
1,540 sqft · 0.03 AC lot
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129 Cedar Ave
RETAIL STORES (PERSONAL SERVICES)

129 Cedar Ave, Lake Villa, IL 60046

Value Estimation by Request
3,264 sqft · 0.12 AC lot
View details
985 Grand Ave
FINANCIAL BUILDING

985 Grand Ave, Lake Villa, IL 60046-7814

$1,330,000
Estimated value
4,028 sqft · 0.93 AC lot
View details
500 Grand Ave
FINANCIAL BUILDING

500 Grand Ave, Lake Villa, IL 60046-7807

$580,000
Estimated value
5,202 sqft · 4.06 AC lot
View details
36894 Il Rte 83
VACANT COMMERCIAL LAND

36894 Il Rte 83, Lake Villa, IL 60046

$1,000,000
Estimated value
1.11 AC lot
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37575 Il Rte 59
SERVICE STATION WITH FOOD MART

37575 Il Rte 59, Lake Villa, IL 60046-9148

Value Estimation by Request
3,350 sqft · 1.02 AC lot
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473 Park Ave Ste, Unit 100
MANUFACTURING (LIGHT)

473 Park Ave Ste, Lake Villa, IL 60046-6561

Unit 100
Value Estimation by Request
8,720 sqft
View details
1671 Milwaukee Ave
COMMERCIAL (GENERAL)

1671 Milwaukee Ave, Lake Villa, IL 60046-8583

Value Estimation by Request
5,917 sqft · 0.85 AC lot
View details
21963 3rd St
COMMERCIAL (GENERAL)

21963 3rd St, Lake Villa, IL 60046

Value Estimation by Request
0.16 AC lot
View details

Lake Villa, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Lake Villa, IL, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 52,668 square feet of properties for sale, with an estimated market value of $10,808,000.

Sale prices for business properties in Lake Villa, IL start at $779,000, averaging $2,161,600, and reaching up to $4,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 35K
Population Growth (5Y) -1.6%
Median Household Income $122,376
College Educated 57.2%

High-Yield Neighborhoods for Investment

Identify Lake Villa submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60046 $1.4M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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