95 W Grand Ave, Lake Villa, IL 60046

Building Details

Year Built

1980

Listing office Robert E. Frank Real Estate, Inc. r***@gmail.com Show Phone

Listing date Jan 19, 2023

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Cedar View Plaza Office Building, encompassing 14,000 square feet with an additional 1,280-square-foot warehouse, is available for sale. Constructed as a medical office, the brick and frame building has evolved to accommodate professional and service businesses. The building features offices with natural light from large windows, hallways with fresh paint and carpeting, and common area tile bathrooms on the first and second floors. Climate control is provided by four newer rooftop units for heat. A newer GacoFlex roof coating has been applied. Tenants are responsible for individual office electric, while the landlord covers heat, air conditioning, sewer, and water. The property includes a 32x40 garage with a fenced material yard on over one acre of land. The building is located within walking distance of downtown Lake Villa restaurants, bars, and the METRA station. Ample parking is available. The property may allow conversion of the second floor to apartments. Long-time tenants include Air Technicians, Brooks Allen, and Business to Business.

Suggested Use

Hotel & Motel Gym & Fitness Center Grocery & Convenience Store Car Rental Facility Travel Agency Cosmetic Store Home Appliance Store Arcade & Gaming Center Nursing Home Nursing Home

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

Location Insight

• Map
• Local Demand

City

Lake Villa

County

Lake

State

Illinois

Longitude

-88.0615

Latitude

42.4132

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FAQs

What type of property is this?

Office building - Professional office building with warehouse, ample parking, and conversion potential.

Where is this office building located?

The property is located at 95 W Grand Ave Lake Villa, IL.

What is the asking price?

The asking price for this property is $779,000.

What are key features of this property?

This property features: Professional office building with flexible leasing options. Potential to convert the second floor to apartments (subject to Lake Villa approval).; Features a 32x40 garage with a fenced material yard on over one acre.; Convenient location within walking distance to downtown Lake Villa restaurants, bars, and the METRA station.