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    Lake Villa, IL Mixed-use Properties for Sale

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    Lindenhurst, IL Round Lake Beach, IL Antioch, IL
    Cedar View Plaza Office Building
    $779,000
    15,280 SF
    Cedar View Plaza Office Building

    95 W Grand Avenue, Lake Villa, IL 60046

    Professional office building with warehouse and ample parking near Metra.
    • Prime location: Walkable to downtown Lake Villa restaurants, bars, and METRA station.
    • Flexible office space: Suitable for professional/service businesses, originally designed for medical offices.
    • Substantial building size: 14,000 sq ft office building plus a 1,280 sq ft warehouse/garage.
    • Income potential: Long‑term tenants in place (Air Technicians, Brooks Allen, Business to Business).
    • Recent upgrades: Newer GacoFlex roof coating and 4 newer rooftop HVAC units.
    Updated: Nov 15, 2025
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    Versatile Commercial Property on Route 59
    $487,400
    2.16 Acres
    Versatile Commercial Property on Route 59

    37733 N IL Route 59, Lake Villa, IL 60046

    Mixed-use property with commercial zoning and residential potential.
    • 2‑acre property zoned General Commercial in unincorporated Lake County, with municipal water and sewer on‑site
    • 4‑bedroom, 2‑bath American Four‑Square home with 9' ceilings and 10 rooms (excluding basement and attic)
    • House includes a separate study/parlor with its own oval beveled glass entry door for potential business or guest use
    • Roof is composition and fiberglass; construction materials include concrete and wood
    • Cooling provided by window unit(s); water available on the property
    Updated: May 7
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    Based on your search, we've compiled 28 Potential Opportunities for your consideration. Besides 2 Active listings in Lake Villa, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 18 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Lakefront Mixed-Use Property
    $950,000
    0.77 Acres
    Historic Lakefront Mixed-Use Property

    Iconic Fox Lake landmark with multiple income streams.

    115 Nippersink Road, Fox Lake, IL 60020

    View details
    Highway 12 Investment Opportunity
    $399,900
    440 SF
    Highway 12 Investment Opportunity

    Four-unit building on Highway 12, ideal for investors.

    21 S US Highway 12, Fox Lake, IL 60020

    View details
    Prime Libertyville Land Parcel
    $1,500,000
    1.50 Acres
    Prime Libertyville Land Parcel

    1.5-acre parcel on Milwaukee Avenue, ideal for development.

    1470 N Milwaukee Avenue, Libertyville, IL 60048

    View details
    Mixed-Use Trophy Asset in Libertyville
    $6,995,000
    16,621 SF
    Mixed-Use Trophy Asset in Libertyville

    Premier mixed-use property in Libertyville's vibrant Downtown Core.

    545 North Milwaukee Avenue, Libertyville, IL 60048

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land in Antioch, Illinois
    $209,900
    1.98 Acres
    Commercial Land in Antioch, Illinois

    Commercial property suitable for multi-unit housing development.

    770 Anita Avenue lot: 5,6, Antioch, IL 60002

    View details
    Commercial Land in Fox Lake
    $299,900
    2.10 Acres
    Commercial Land in Fox Lake

    2 acre commercial land with utilities and road frontage.

    21 Hillside Drive, Fox Lake, IL 60020

    View details
    Lakemoor Commercial Land Opportunity
    $125,000
    2.27 Acres
    Lakemoor Commercial Land Opportunity

    2.27-acre commercial lot in Lakemoor, Illinois, zoned C-1 PUD.

    1718 W Lincoln Road, Lakemoor, IL 60051

    View details
    Mundelein, IL Commercial Land
    $286,000
    0.43 Acres
    Mundelein, IL Commercial Land

    Commercial land available in Mundelein, Illinois.

    331 Plaza Circle lot: 4, Mundelein, IL 60060

    View details

    Off-Market Properties in Lake Villa, IL

    Consider similar Off-Market properties in Lake Villa, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    36851 Fairfield Rd
    OFFICE/RESIDENTIAL (MIXED USE)
    1,008 SF Lot: 1.34 Acres
    Value Estimation by Request

    36851 Fairfield Rd, Lake Villa, IL 60046-8708

    View details
    23343 Wall St
    MIXED USE (COMMERCIAL/INDUSTRIAL)
    15,000 SF Lot: 2.64 Acres
    Estimated value
    $1,200,000

    23343 Wall St, Lake Villa, IL 60046-8101

    View details
    24745 Monaville Rd
    OFFICE/RESIDENTIAL (MIXED USE)
    1,684 SF Lot: 29.50 Acres
    Value Estimation by Request

    24745 Monaville Rd, Lake Villa, IL 60046-7399

    View details
    19326 Grand Ave
    OFFICE/RESIDENTIAL (MIXED USE)
    2,512 SF Lot: 2.74 Acres
    Value Estimation by Request

    19326 Grand Ave, Lake Villa, IL 60046-7519

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    36701 Il Rte 83
    OFFICE/RESIDENTIAL (MIXED USE)
    2,412 SF Lot: 0.63 Acres
    Value Estimation by Request

    36701 Il Rte 83, Lake Villa, IL 60046-5229

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    37646 Lk Shr Dr
    OFFICE/RESIDENTIAL (MIXED USE)
    4,099 SF Lot: 0.54 Acres
    Value Estimation by Request

    37646 Lk Shr Dr, Lake Villa, IL 60046

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    36089 Us Hwy 45
    OFFICE/RESIDENTIAL (MIXED USE)
    860 SF Lot: 0.25 Acres
    Value Estimation by Request

    36089 Us Hwy 45, Lake Villa, IL 60046-7466

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    36047 Us Hwy 45
    OFFICE/RESIDENTIAL (MIXED USE)
    1,656 SF Lot: 0.43 Acres
    Value Estimation by Request

    36047 Us Hwy 45, Lake Villa, IL 60046-7466

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    18960 Grand Ave
    OFFICE/RESIDENTIAL (MIXED USE)
    1,556 SF Lot: 1.89 Acres
    Value Estimation by Request

    18960 Grand Ave, Lake Villa, IL 60046-8429

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    37496 Il Rte 59
    OFFICE/RESIDENTIAL (MIXED USE)
    320 SF Lot: 0.14 Acres
    Value Estimation by Request

    37496 Il Rte 59, Lake Villa, IL 60046

    View details
    18959 Grand Ave
    OFFICE/RESIDENTIAL (MIXED USE)
    970 SF Lot: 1.10 Acres
    Value Estimation by Request

    18959 Grand Ave, Lake Villa, IL 60046-5902

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    36951 Fairfield Rd
    OFFICE/RESIDENTIAL (MIXED USE)
    629 SF Lot: 1.08 Acres
    Value Estimation by Request

    36951 Fairfield Rd, Lake Villa, IL 60046-6406

    View details
    39532 Il Rte 59
    OFFICE/RESIDENTIAL (MIXED USE)
    1,009 SF Lot: 0.52 Acres
    Value Estimation by Request

    39532 Il Rte 59, Lake Villa, IL 60046-9632

    View details
    500 Park Ave Ste, Unit 201
    MIXED USE (COMMERCIAL/INDUSTRIAL)
    19,405 SF
    Estimated value
    $1,510,000
    Unit 201

    500 Park Ave Ste, Lake Villa, IL 60046-6557

    View details
    215 Milwaukee Ave
    OFFICE/RESIDENTIAL (MIXED USE)
    1,275 SF Lot: 0.54 Acres
    Value Estimation by Request

    215 Milwaukee Ave, Lake Villa, IL 60046-8551

    View details
    38470 Columbia Bay Rd
    OFFICE/RESIDENTIAL (MIXED USE)
    4,040 SF Lot: 0.60 Acres
    Estimated value
    $585,000

    38470 Columbia Bay Rd, Lake Villa, IL 60046-9750

    View details
    38622 Edgewood St
    OFFICE/RESIDENTIAL (MIXED USE)
    1,040 SF Lot: 0.14 Acres
    Value Estimation by Request

    38622 Edgewood St, Lake Villa, IL 60046

    View details
    38610 Edgewood St
    OFFICE/RESIDENTIAL (MIXED USE)
    1,332 SF Lot: 1.34 Acres
    Value Estimation by Request

    38610 Edgewood St, Lake Villa, IL 60046-9567

    View details

    Lake Villa, IL Mixed-Use Properties Investment Opportunities Market Analysis

    Explore 20 mixed-use properties for sale in Lake Villa, IL on our real estate platform. These investment opportunities span a total of 15,280 square feet of properties for sale, with an estimated market value of $779,000.

    Sale prices for multi use buildings in Lake Villa, IL start at $779,000, averaging $779,000, and reaching up to $779,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 35K
    Population Growth (5Y) -1.6%
    Median Household Income $122,376
    College Educated 57.2%

    High-Yield Neighborhoods for Investment

    Identify Lake Villa submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    60046 $633.2K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

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