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35220 Illinois 83 Lake Villa, IL 60046

Sponsored
For Sale
$1,800,000

Flex, Manufacturing, Warehouse - 5,788 SF

Property size:
5,788 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional 1.7-acre industrial property in Lake Villa, Illinois, presents a compelling investment opportunity. Located at 35220 North Illinois Route 83, zip code 60046, this FEE SIMPLE property boasts two buildings totaling 5,788 square feet of net rentable space. The current configuration includes approximately 2,130 square feet of office space and 4,000 square feet of shop space, perfectly suited for a contractor, but adaptable to a variety of uses. A significant advantage is the property's prominent location, offering approximately 350 feet of frontage on Milwaukee Avenue, a high-traffic area with a daily count near 18,000 vehicles in the nearby Round Lake Beach. The property also features a 1.5-acre fenced yard, providing ample space for storage or outdoor operations. Its versatility makes it ideal for various businesses, including contractor yards, auto or boat repair shops, storage facilities, or redevelopment into retail or restaurant spaces. The property is available for sale at $1,800,000, and owner financing is available. This prime location and flexible space make this a truly unique opportunity. The property is classified as Flex, Manufacturing, and Warehouse.

Property Features for 35220 Illinois 83

General Information

Property type
Distribution properties
Square Feet
5,788 SF
Lot Size
74,052 SF

Building Details

Buildings
2

HighLights

  • Fee simple 1.7‑acre industrial property in Lake Villa, IL (60046) at 35220 N Illinois Route 83.
  • 5,788 SF net rentable space in two buildings: ~2,130 SF office and ~4,000 SF shop space.
  • Prominent location with ~350' of frontage on high‑traffic Milwaukee Ave (near Round Lake Beach, ~18,000 VPD).
  • 1.5‑acre fenced yard.
  • $1,800,000; owner financing available.
Property Profile Location Intelligence

Current Use by Public Records

Manufacturing properties

Map

City
Lake Villa
County
Lake
State
Illinois
Longitude
-88.056384
Latitude
42.3746221

FAQs

What type of property is this?
Distribution property - Flex, Manufacturing, Warehouse - 5,788 SF
Where is this distribution property located?
The property is located at 35220 Illinois 83 Lake Villa, IL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Fee simple 1.7-acre industrial property in Lake Villa, IL (60046) at 35220 N Illinois Route 83.; 5,788 SF net rentable space in two buildings: ~2,130 SF office and ~4,000 SF shop space.; Prominent location with ~350' of frontage on high-traffic Milwaukee Ave (near Round Lake Beach, ~18,000 VPD).
More about this property
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