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Lake Villa, IL Mixed-use Properties for Sale

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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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Cedar View Plaza Office Building
$779,000
15,300 SF

Cedar View Plaza Office Building

95 W Grand Ave, Lake Villa, IL 60046

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

  • 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.
  • Climate controlled building with newer rooftop HVAC units and a newer GacoFlex roof coating.
  • Ample parking available.
Updated: Jan 19, 2023
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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.

Explore Opportunities in Nearby Cities

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

Restored Victorian Building in Waukegan
$257,000
2,064 SF

Restored Victorian Building in Waukegan

Restored Victorian building suitable for office or live/work space.

132 N West St, Waukegan, IL 60085
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Wauconda 40-Acre Live/Work Property
$2,300,000
40.00 Acres

Wauconda 40-Acre Live/Work Property

40 acres with home, barn, storage, and pond.

27125 N Williams Park Rd, Wauconda, IL
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Storefront and Two-Flat Building
$460,000

Storefront and Two-Flat Building

Two buildings: storefront and two-flat, ample parking.

1809 Washington Street, Waukegan, IL 60085
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40 Acres Commercial Land Opportunity
$2,300,000
3,555 SF

40 Acres Commercial Land Opportunity

Commercial land with home/office, outbuildings, and pond.

27125 N Williams Park Rd, Wauconda, IL 60084
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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
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Waukegan Land Development Opportunity
$559,000

Waukegan Land Development Opportunity

Prime vacant land for commercial development in Waukegan, Illinois.

1213 Grand Avenue, Waukegan, IL 60085
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Barrington Commercial Land Opportunity
$4,250,000
2.01 Acres

Barrington Commercial Land Opportunity

2.01-acre commercial site in downtown Barrington, Illinois.

206 N Cook Street, Barrington, IL 60010
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Prime Barrington Land Opportunity
$4,250,000
2.01 Acres

Prime Barrington Land Opportunity

2.2-acre site ideal for hotel, residential, or mixed-use development.

206 N Cook Street, Barrington, IL 60010
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Explore 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

36851 Fairfield Rd

OFFICE/RESIDENTIAL (MIXED USE) • 1,008 SF
Value Estimation by Request
36851 Fairfield Rd, Lake Villa, IL 60046-8708
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23343 Wall St

23343 Wall St

MIXED USE (COMMERCIAL/INDUSTRIAL) • 15,000 SF
Value Estimation
$1,200,000
23343 Wall St, Lake Villa, IL 60046-8101
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24745 Monaville Rd

24745 Monaville Rd

OFFICE/RESIDENTIAL (MIXED USE) • 1,684 SF
Value Estimation by Request
24745 Monaville Rd, Lake Villa, IL 60046-7399
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19326 Grand Ave

19326 Grand Ave

OFFICE/RESIDENTIAL (MIXED USE) • 2,512 SF
Value Estimation by Request
19326 Grand Ave, Lake Villa, IL 60046-7519
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36701 Il Rte 83

36701 Il Rte 83

OFFICE/RESIDENTIAL (MIXED USE) • 2,412 SF
Value Estimation by Request
36701 Il Rte 83, Lake Villa, IL 60046-5229
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37646 Lk Shr Dr

37646 Lk Shr Dr

OFFICE/RESIDENTIAL (MIXED USE) • 4,099 SF
Value Estimation by Request
37646 Lk Shr Dr, Lake Villa, IL 60046
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36089 Us Hwy 45

36089 Us Hwy 45

OFFICE/RESIDENTIAL (MIXED USE) • 860 SF
Value Estimation by Request
36089 Us Hwy 45, Lake Villa, IL 60046-7466
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36047 Us Hwy 45

36047 Us Hwy 45

OFFICE/RESIDENTIAL (MIXED USE) • 1,656 SF
Value Estimation by Request
36047 Us Hwy 45, Lake Villa, IL 60046-7466
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18960 Grand Ave

18960 Grand Ave

OFFICE/RESIDENTIAL (MIXED USE) • 1,556 SF
Value Estimation by Request
18960 Grand Ave, Lake Villa, IL 60046-8429
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37496 Il Rte 59

37496 Il Rte 59

OFFICE/RESIDENTIAL (MIXED USE) • 320 SF
Value Estimation by Request
37496 Il Rte 59, Lake Villa, IL 60046
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18959 Grand Ave

18959 Grand Ave

OFFICE/RESIDENTIAL (MIXED USE) • 970 SF
Value Estimation by Request
18959 Grand Ave, Lake Villa, IL 60046-5902
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36951 Fairfield Rd

36951 Fairfield Rd

OFFICE/RESIDENTIAL (MIXED USE) • 629 SF
Value Estimation by Request
36951 Fairfield Rd, Lake Villa, IL 60046-6406
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39532 Il Rte 59

39532 Il Rte 59

OFFICE/RESIDENTIAL (MIXED USE) • 1,009 SF
Value Estimation by Request
39532 Il Rte 59, Lake Villa, IL 60046-9632
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500 Park Ave Ste, Unit 201

500 Park Ave Ste, Unit 201

MIXED USE (COMMERCIAL/INDUSTRIAL) • 19,405 SF
Value Estimation
$1,510,000
500 Park Ave Ste, Lake Villa, IL 60046-6557
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215 Milwaukee Ave

215 Milwaukee Ave

OFFICE/RESIDENTIAL (MIXED USE) • 1,275 SF
Value Estimation by Request
215 Milwaukee Ave, Lake Villa, IL 60046-8551
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38470 Columbia Bay Rd

38470 Columbia Bay Rd

OFFICE/RESIDENTIAL (MIXED USE) • 4,040 SF
Value Estimation
$585,000
38470 Columbia Bay Rd, Lake Villa, IL 60046-9750
View details
38622 Edgewood St

38622 Edgewood St

OFFICE/RESIDENTIAL (MIXED USE) • 1,040 SF
Value Estimation by Request
38622 Edgewood St, Lake Villa, IL 60046
View details
38610 Edgewood St

38610 Edgewood St

OFFICE/RESIDENTIAL (MIXED USE) • 1,332 SF
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 1,754,195 square feet of properties for sale, with an estimated market value of $3,570,000.

Sale prices for multi use buildings in Lake Villa, IL start at $260,000, averaging $324,545, and reaching up to $455,000 — 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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