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Retail Space in Commercial Plaza
For Lease
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777 South Milwaukee Avenue, Lake Villa, IL 60046

Available immediately for retail, service, or other commercial uses within an established business center.

Space Size3,200 SF
Days on Market14

Property Features for 777 South Milwaukee Avenue

General Information

Standard status Active
Size 3,200 SF
Class B
Property subtype Retail

Space & Availability

Space Use Retail
Available From Immediate

Additional Details

Flexible Term Yes

Building Details

Building Size 3,200 SF
Year Built 1992
Tenancy Single

Spaces For Lease

at 777 South Milwaukee Avenue Contact us

Space 1

Size
3,200 SF
Type
Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: RE/MAX Suburban
Listed By: Jason Bitton · License #IL475170841
Source: Crexi
Added: Aug 20 Changed: Aug 30 Last Checked: Sep 1 at 12:44AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Suburban

Investment Insights

Based on property information with market context.

Retail space is available at 777 Milwaukee Commons, a commercial center built in 1992. The property supports retail, service, and other commercial uses, with availability offered immediately and lease terms described as flexible.

The center is positioned along IL-83 at 777 South Milwaukee Avenue in Lake Villa, Illinois. Existing occupants include a martial arts school, music school, fresh meat market, barbershop, and automotive repair and maintenance shop, creating a varied business environment with both consumer services and neighborhood-oriented retail.

Key Highlights

  • Immediate availability for retail, service, or other commercial uses
  • Located along IL‑83 in Lake Villa, Illinois
  • Established commercial center built in 1992

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Hair Salon Butcher Cafe & Coffee Shop Home Appliance Store

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

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Available immediately for retail, service, or other commercial uses within an established business center.
Where is this retail space located?
The property is located at 777 South Milwaukee Avenue Lake Villa, IL.
What are key features of this property?
This property features: Immediate availability for retail, service, or other commercial uses; Located along IL‑83 in Lake Villa, Illinois; Established commercial center built in 1992
(847) 367-8686 Call to check price and availability
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