Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    300 Milwaukee Ave Lake Villa, IL 60046

    Sponsored
    For Lease
    $14 SF/Yr

    Prime Lake County storefront, multiple units.

    Lot size:
    20,509 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity is located at 300 N Milwaukee Ave, Lake Villa, IL 60046, within the Crossing Plaza strip center. The property boasts a total of 20,509 square feet across 12 units, offering a diverse tenant mix. Currently, three units are available, presenting a unique chance for expansion or new business establishment. Two units offer 1,200 square feet each, ideal for a variety of retail uses. A highly desirable 2,400-square-foot end-cap unit is also available, perfectly suited for a restaurant or convenience store, benefiting from high visibility and ample space. The property sits on a 2.77-acre lot and was built in 1990. The single-story building is zoned SB and is located in Lake County's thriving Lake County submarket, near the cross street of Cedar Ave. The minimum divisible space is 1,200 square feet, with a maximum contiguous space of 2,400 square feet. This prime location offers excellent visibility and accessibility, making it an attractive investment for businesses seeking a strong presence in a busy commercial area. Don't miss this chance to secure your space in this established and successful retail center.

    Property Features for 300 Milwaukee Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,509 SF
    Total Rate
    23927.17

    Building Details

    Year Built
    1990
    Stories
    1

    Unit(s) available at that property

    Space
    300 N Milwaukee Ave. Unit C
    Size
    1,200 SF
    Rate per SF
    $14
    Space
    300 N Milwaukee Ave. Unit K
    Size
    1,200 SF
    Rate per SF
    $14
    Space
    300 N. Milwaukee Ave. O-P
    Size
    2,400 SF
    Rate per SF
    $14

    HighLights

    • High‑visibility corner lot.
    • Full ingress and egress.
    • Excellent condition.
    • High traffic count of 11,000 vehicles.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Villa
    County
    Lake
    State
    Illinois
    Longitude
    -88.0785873
    Latitude
    42.420225

    Nearby Comparable

    • Contact for pricing
      1,200 SF

      Retail Space in Crossings Plaza

      1200 SF retail space with existing tenant mix.
      300 N Milwaukee Ave, Lake Villa, IL
      View Details
    • Contact for pricing
      1,800 SF

      Retail Space in Lake Villa

      Retail space available for lease in Lake Villa, Illinois.
      800 Tower Dr, Lake Villa, IL
      View Details
    • $18 SF/Yr
      15,000 SF

      Lake Villa Medical Office Space

      Prime medical office suites available. Lake Villa, IL.
      50 Milwaukee Ave, Lake Villa, IL 60046
      View Details
    • $13 SF/Yr

      Crossings Plaza Retail Space

      1200 SF retail unit in well-maintained strip center.
      300 N Milwaukee Ave, Lake Villa, IL 60046
      View Details
    • $2,300 /Mo

      Renovated Townhome with Modern Features

      Renovated 2-bedroom, 1.1-bath townhome with modern amenities and open floorplan.
      211 Dogwood Ct, Lindenhurst, IL 60046
      View Details
    • Contact for pricing

      Office Space For Rent

      Office space available for lease in Lindenhurst, Illinois.
      2450 Grass Lk Rd, Lindenhurst, IL 60046
      View Details
    • Contact for pricing
      44,684 SF

      Vista Medical Office Suites

      Lake County, Class A Medical Office Space
      1025 Red Oak Ln, Lindenhurst, IL 60046
      View Details
    • $10 SF/Yr
      19,200 SF

      Round Lake Beach Retail Center

      Prime Retail Space, 5 Units Available
      2536 Illinois 83, Round Lake Beach, IL 60073
      View Details
    • Contact for pricing
      28,425 SF

      Sweetwater Crossing Retail Center

      Prime Round Lake Beach Retail Space
      2159-2219 Rte 83, Round Lake Beach, IL 60073
      View Details
    • $240 SF/Yr
      4,292 SF

      Lindenhurst Retail Space - Grand Ave

      Prime Lindenhurst retail space, single tenant.
      2030 Grand Ave, Lindenhurst, IL 60046
      View Details
    • $15 SF/Yr
      85,311 SF

      Lindenhurst Retail Center Spaces

      Prime Retail Space: Two Units Available
      2042 Grand Ave, Lindenhurst, IL 60046
      View Details
    • Contact for pricing
      142,398 SF

      Round Lake Beach Retail Space

      High-traffic retail space available.
      270 Rollins Rd, Round Lake Beach, IL 60073
      View Details

    Nearby Similar for Lease

    • $18 SF/Yr
      15,000 SF

      Lake Villa Medical Office Space

      Prime medical office suites available. Lake Villa, IL.
      50 Milwaukee Ave, Lake Villa, IL 60046
      View Details
    • $13 SF/Yr

      Crossings Plaza Retail Space

      1200 SF retail unit in well-maintained strip center.
      300 N Milwaukee Ave, Lake Villa, IL 60046
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Crossings Plaza

      1200 SF retail space with existing tenant mix.
      300 N Milwaukee Ave, Lake Villa, IL
      View Details
    • Contact for pricing
      1,800 SF

      Retail Space in Lake Villa

      Retail space available for lease in Lake Villa, Illinois.
      800 Tower Dr, Lake Villa, IL
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - Prime Lake County storefront, multiple units.
    Where is this neighborhood center located?
    The property is located at 300 Milwaukee Ave Lake Villa, IL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: High-visibility corner lot.; Full ingress and egress.; Excellent condition.
    Request Owner's contact information
    300 Milwaukee Ave Lake Villa, IL 60046
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    300 Milwaukee Ave
    Lake Villa, IL 60046
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    300 Milwaukee Ave Lake Villa, IL 60046
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.