855 E Grand Ave, Lake Villa, IL
Retail property for sale in Lake Villa, Illinois.
- Added:
- Jul 2, 2025
- Days on Market:
- 359
- Last Refresh:
- May 19 at 8:43 pm
Property Features for 855 E Grand Ave
General Information
- Standard status
- Active
- Size
- 16,299 SF
- Lot size
- 3.08 Acres
- Property subtype
- RETAIL
Properties For Sale
at 855 E Grand Ave Contact us
Listing office McColly Bennett Real Estate (219) 670-2864
Listing date Jul 2, 2025
Source Moodyscre
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 McColly Bennett Real Estate
HighLights
- Retail property for sale
- Located in Lake Villa, Illinois
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $244.5k | $15.00 |
| − Vacancy | −$6.4k | −$0.39 |
| EGI | $238.1k | $14.61 |
| − OpEx | −$71.4k | −$4.38 |
| NOI | $166.7k | $10.23 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lake Villa
- County
- Lake
- State
- Illinois
- Longitude
- -88.074
- Latitude
- 42.417
