Flexible Office/Retail
For Lease
Contact for pricing
850 Tower Drive, Lake Villa, IL 60046
COMMERCIAL - Lake Villa, IL
Space Size960 SF
Lot Size1.76 Acres
Days on Market62
Property Features for 850 Tower Drive
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning
COMMR
Directions
On S.W. Corner of Grass Lake Rd & Deep lake Rd
Subdivision
Lake Villa / Lindenhurst
Standard status
Active
Lot size
1.76 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
61310
Utilities
Cooling system
Central Air
Amenities
reception/waiting area
open workspace
kitchen
storage/IT room
private rest room
Building Details
Year built
2006
Floors in Building
1
Number of units
1
Flooring type
Tile, Carpet
Building materials
Brick, Concrete, Block
Roof type
Composition
Listing Agency:
Compass
(847) 306-6158
Listed By:
Kim Alden · License #475122036
Added: Jun 17
Changed: Aug 13
Last Checked: Aug 17 at 3:06AM
MLS# 12680904
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.
Investment Insights
Based on property information with market context.
Approx. 960 SF office/retail suite built for flexibility, featuring a reception/waiting area, a large open workspace, kitchen, storage/IT room, and a private restroom. The layout supports use as an office, studio, service business, or boutique, and includes central air conditioning.
The suite is located in an established shopping center on a busy intersection near restaurants, a salon, gaming, a fitness center, and Dunkin. The property provides plenty of parking.
Constructed with brick, concrete, and block, with carpet and tile flooring and a composition roof. Built in 2006, the space is positioned under zoning COMMR.
The suite is located in an established shopping center on a busy intersection near restaurants, a salon, gaming, a fitness center, and Dunkin. The property provides plenty of parking.
Constructed with brick, concrete, and block, with carpet and tile flooring and a composition roof. Built in 2006, the space is positioned under zoning COMMR.
Key Highlights
- Approx. 960 SF office/retail suite with reception/waiting area, open workspace, kitchen, storage/IT room, and private restroom
- Flexible layout supporting office, studio, service business, or boutique use
- Zoned COMMR in an established shopping center on a busy intersection
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
Explore this area
Business Placement
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 Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Flexible office/retail suite with reception area, open workspace, and private restroom in an established shopping center
Where is this office units located?
The property is located at 850 Tower Drive Lake Villa, IL.
What are key features of this property?
This property features: Approx. 960 SF office/retail suite with reception/waiting area, open workspace, kitchen, storage/IT room, and private restroom; Flexible layout supporting office, studio, service business, or boutique use; Zoned COMMR in an established shopping center on a busy intersection
