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Lake Villa, IL Office Buildings for Sale

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Lindenhurst, IL Round Lake Beach, IL Grayslake, IL
Cedar View Plaza Office Building
Updated: Nov 15, 2025
Cedar View Plaza Office Building

95 W Grand Avenue, Lake Villa, IL 60046

$779,000
15,280 sqft · 1.13 AC lot
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.
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Cedar View Plaza Office Building
Updated: Jan 19, 2023
Cedar View Plaza Office Building

95 W Grand Ave, Lake Villa, IL 60046

$779,000
15,300 sqft · 1.00 AC lot
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.
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Based on your search, we've compiled 27 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 17 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.

Freestanding Office Property
Freestanding Office Property

6475 Washington Street, Gurnee, IL 60031

$3,150,000
3.75 AC lot

For sale office property on a 3.75-acre lot at Washington Street in Gurnee, IL, offering space for business use.

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Gurnee Industrial Flex Space Available
Gurnee Industrial Flex Space Available

1680 N Delany Rd, Gurnee, IL

$967,000
5,547 sqft · 1.00 AC lot

5,547 SF flex space in Gurnee, Illinois for sale.

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Two-Story Office Building For Sale
Two-Story Office Building For Sale

505 E. Hawley St, Mundelein, IL 60060

$500,000
12,600 sqft

12,600 SF office building with vacancy, great location.

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Single Story Leased Office Building
Single Story Leased Office Building

511 E Hawley St, Mundelein, IL 60060

$199,000
2,364 sqft

2364 SF single-tenant building in Mundelein, Illinois.

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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.

Wonder Lake Commercial Block
Wonder Lake Commercial Block

7314 Hancock Drive, Wonder Lake, IL 60097

$250,000
0.35 AC lot

Commercial block with office building and land for sale.

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Corner Development Site For Sale
Corner Development Site For Sale

IL - 62 Algonquin Rd., Barrington Hills, IL 60010

Contact for pricing

Prime corner development site with high traffic counts.

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Prime Corner Lot in Carpentersville
Prime Corner Lot in Carpentersville

Huntley Road lot: 009, Carpentersville, IL 60110

$550,000
2.41 AC lot

2.41 acre corner lot near Randall Road corridor.

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Prime Commercial Land Opportunity
Prime Commercial Land Opportunity

11223 W Loomis Rd, Franklin, WI 53132

$2,300,000
10.80 AC lot

10+ acres of commercial land in rapidly growing Franklin.

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.

50 Milwaukee Ave
OFFICE BUILDING

50 Milwaukee Ave, Lake Villa, IL 60046-9471

$1,370,000
Estimated value
14,928 sqft · 1.13 AC lot
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39336 Il Rte 59
OFFICE BUILDING

39336 Il Rte 59, Lake Villa, IL 60046-9635

Value Estimation by Request
2,128 sqft · 0.36 AC lot
View details
118 Milwaukee Ave
OFFICE BUILDING

118 Milwaukee Ave, Lake Villa, IL 60046-9361

Value Estimation by Request
1,032 sqft · 0.15 AC lot
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129 Central Ave
OFFICE BUILDING

129 Central Ave, Lake Villa, IL 60046-8673

Value Estimation by Request
6,275 sqft · 0.23 AC lot
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301 Granada Blvd
OFFICE BUILDING

301 Granada Blvd, Lake Villa, IL 60046

Value Estimation by Request
2,016 sqft · 0.24 AC lot
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605 Grand Ave
OFFICE BUILDING

605 Grand Ave, Lake Villa, IL 60046-7810

Value Estimation by Request
1,112 sqft · 0.21 AC lot
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146 Cedar Ave
OFFICE BUILDING

146 Cedar Ave, Lake Villa, IL 60046-8410

Value Estimation by Request
1,700 sqft · 0.14 AC lot
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121 Grand Ave
OFFICE BUILDING

121 Grand Ave, Lake Villa, IL 60046-7829

Value Estimation by Request
6,952 sqft · 0.17 AC lot
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89 Cedar Ave
OFFICE BUILDING

89 Cedar Ave, Lake Villa, IL 60046-8411

$770,000
Estimated value
13,976 sqft · 0.26 AC lot
View details
37809 Il Rte 59
OFFICE BUILDING

37809 Il Rte 59, Lake Villa, IL 60046-7332

$1,110,000
Estimated value
8,941 sqft · 4.62 AC lot
View details
34930 Us Hwy 45
OFFICE BUILDING

34930 Us Hwy 45, Lake Villa, IL 60046-7537

Value Estimation by Request
4,288 sqft · 0.52 AC lot
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34746 Us Hwy 45
OFFICE BUILDING

34746 Us Hwy 45, Lake Villa, IL 60046

Value Estimation by Request
4,112 sqft · 0.31 AC lot
View details
34740 Us Hwy 45
OFFICE BUILDING

34740 Us Hwy 45, Lake Villa, IL 60046-5797

Value Estimation by Request
4,272 sqft · 0.42 AC lot
View details
201 Milwaukee Ave
OFFICE BUILDING

201 Milwaukee Ave, Lake Villa, IL 60046-8551

$1,330,000
Estimated value
12,417 sqft · 0.70 AC lot
View details
225 Lk Ave
OFFICE BUILDING

225 Lk Ave, Lake Villa, IL 60046-6560

Value Estimation by Request
4,200 sqft · 0.28 AC lot
View details
850 Grand Ave
OFFICE BUILDING

850 Grand Ave, Lake Villa, IL 60046-7885

$1,085,000
Estimated value
8,988 sqft · 0.90 AC lot
View details
1625 Deep Lk Rd
OFFICE BUILDING

1625 Deep Lk Rd, Lake Villa, IL 60046-5324

$1,295,000
Estimated value
12,085 sqft · 39.75 AC lot
View details

Lake Villa, IL Office Buildings Market Trends and Statistics

Explore 19 office buildings for sale in Lake Villa, IL on our real estate platform. These investment opportunities span a total of 30,580 square feet of properties for sale, with an estimated market value of $1,558,000.

Sale prices for office properties 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 5
Office buildings 2

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 average listing prices of real estate assets

Neighborhood Average Price
60046 $779K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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