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Multi-Suite Retail Space

19073 W Old Town Court, Lake Villa, IL 60046

For Lease
New
Contact for pricing

Commercial Lease, Lake Villa, IL

Space Size190 SF - 6,140 SF
Days on Market5

Property Features for 19073 W Old Town Court

General Information

Property type Commercial Lease
Property subtype Retail
Zoning RTAIL
Directions E one block on Millburn Rd from Rt 45, N on Main St one block to Old Town Ct, W to parking lot on southside
Subdivision Lake Villa / Lindenhurst
Standard status Active

Taxes and HOA fees

Tax Year 2025

Utilities

Cooling system Central Air

Building Details

Year built 2005
Floors in Building 1
Number of units 5
Listing Agency: RE/MAX Plaza · RE/MAX International
Listed By: John Steele · License IL #471003805
Added: Nov 6 Last Checked: Nov 10 at 9:06AM
MLS# 12803500

Copyright © 2026 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.

Rey
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Investment Insights

Based on property information with market context.

This 6,140-square-foot retail property contains rooms and office suites ranging from 190 to 1,809 square feet. A 779-square-foot classroom-style space has a kitchenette, junior-size bathrooms and its own exterior entrance; a separate 361-square-foot room includes a private bathroom and direct outdoor access. The building was constructed in 2005 and has central air conditioning.

Individual room leases include heat, electricity, water and sewer, along with use of shared men’s and women’s restrooms and parking. Twenty-three parking spaces are designated for the building. The full property is also available for lease, with electricity paid by the tenant.

Key Highlights

  • 6,140‑square‑foot building with spaces from 190 to 1,809 square feet
  • 779‑square‑foot room includes a kitchenette, junior‑size bathrooms and exterior access
  • 361‑square‑foot room has a private bathroom and direct outdoor access

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Grocery & Convenience Store Garden Center Electrical Service HVAC Service Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

302
Businesses Nearby
24k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 81% Shops & Services 19%
McDonald's Dining
19,314 visits/mo 0.5 miles
BP Shops & Services
4,429 visits/mo 0.3 miles

Demographics for 60046, IL

34,690
Population
12,544
Households
2.8
Avg Household Size
41
Median Age
42%
College-Educated
94%
High-School Grad
23.0 sq mi
ZIP Area
1,508
Density / Sq Mi
$122,376
Median Household Income
$58,297
Median Earnings
$1,645
Median Rent
$282,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Retail space in Lake County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Individual rooms and offices offer flexible leasing options with shared building amenities.
Where is this retail space located?
The property is located at 19073 W Old Town Court Lake Villa, IL.
What are key features of this property?
This property features: 6,140‑square‑foot building with spaces from 190 to 1,809 square feet; 779‑square‑foot room includes a kitchenette, junior‑size bathrooms and exterior access; 361‑square‑foot room has a private bathroom and direct outdoor access
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