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    850 Tower Dr Lake Villa, IL 60046

    For Sale
    $4,200,000

    Commercial Sale - Lake Villa, IL

    Property size:
    18,800 SF
    Days on Market:
    56
    Last Refresh:
    Dec 7 at 12:06 pm

    Property Features for 850 Tower Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    02282011750000
    Size
    18,800 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2006
    Roof type
    Composition
    Architectural style
    Other

    Real Broker LLC (630) 439-6385 [email protected]

    Listing agent Robb Satten (217) 960-8605 License #475101369

    Listing date Oct 13, 2025

    MLS# 12192117 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake Villa Retail Investment Opportunity

    This retail shopping center in Lake Villa, Illinois, presents an investment opportunity with a stable income stream. The property is located on Lake Tower Crossing and benefits from high visibility and traffic flow. Situated near Lakes Community High School, which has an enrollment of 1,487 students, the shopping center benefits from a steady flow of potential customers and a vibrant local community. The property size is 18,800 square feet and is zoned COMMR.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Hair Salon Clothing Store Nail Salon Gym & Fitness Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Villa
    County
    Lake
    State
    Illinois
    Longitude
    -88.0615
    Latitude
    42.4132

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      Lake Villa Shopping Center Investment

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    FAQs

    What type of property is this?
    Shopping center - Retail shopping center in Lake Villa with high visibility.
    Where is this shopping center located?
    The property is located at 850 Tower Dr Lake Villa, IL.
    What is the asking price?
    The asking price for this property is $4,200,000.
    What are key features of this property?
    This property features: - Stable and lucrative income stream from a retail shopping center.; - Prime location on Lake Tower Crossing in Lake Villa with high visibility and excellent traffic flow.; - Strong tenant mix attracting a consistent customer base.
    (217) 960-8605
    Request Owner's contact information
    850 Tower Dr Lake Villa, IL 60046
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    Lake Villa, IL 60046
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    850 Tower Dr Lake Villa, IL 60046
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