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Lake Villa, IL

Office

Lake Villa, IL Office Spaces for Sale

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Lindenhurst, IL Round Lake Beach, IL Third Lake, IL Grayslake, IL Antioch, IL Ingleside, IL Johnsburg, IL Old Mill Creek, 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.

This listing looks promising.

Here's a quick look at some key insights for

95 W Grand Avenue, Lake Villa, IL 60046

View Property Analytics

Est. Cap Rate

8.4%
Above avg (5.9%)
Est. NOI

$66K
Annual
Price @ 7% Cap

$940K
Above asking
Property Type

Auto Repair, Garage
Built 1979

View Property Analytics

Cedar View Plaza Office Building

Updated: Jan 19, 2023

Cedar View Plaza Office Building

95 W Grand Ave, Lake Villa, IL 60046

Contact for pricing

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.

Based on your search, we've compiled 29 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 19 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.

Bank Building with Drive-Thru

Bank Building with Drive-Thru

41412 N Il Route 83, Antioch, IL 60002

$950,000

Three-level office and commercial building with four teller stations, two-lane drive-thru, elevator, and 32 parking spaces.

Three-Story Office Building with Elevator

Three-Story Office Building with Elevator

41412 N Il Route 83, Antioch, IL 60002

Contact for pricing

13,647 sqft

Three-story, elevator-served former bank building with drive-through lanes and space configured for single or multi-tenant use.

Versatile Commercial Property in Lindenhurst

Versatile Commercial Property in Lindenhurst

625 N Bridgeport Ter, Lindenhurst, IL 60046

$1,520,000

6,500 sqft

Adaptable commercial space with retail, restaurant, office, and special use potential.

Versatile Lindenhurst Property with Warehouse

Versatile Lindenhurst Property with Warehouse

625 Bridgeport Terrace, Lindenhurst, IL 60046

Contact for pricing

9,128 sqft

Mixed-use property with retail space, warehouse, and redevelopment potential.

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 Fox Lake

Commercial Land in Fox Lake

21 Hillside Drive, Fox Lake, IL 60020

$299,900

2.10 AC lot

2 acre commercial land with utilities and road frontage.

Spring Grove Land Opportunity

Spring Grove Land Opportunity

Main Street lot: 65,66,&64, Spring Grove, IL 60081

$77,500

0.68 AC lot

Three lots available near downtown Spring Grove, Illinois.

Industrial Land with Route 12 Frontage

Industrial Land with Route 12 Frontage

Mayo Court lot: 9, Spring Grove, IL 60081

$109,900

1.84 AC lot

Industrial lot in Holian Industrial Business Park with 497 feet of frontage on Route 12 and 10,300 cars daily per IDOT.

Lakemoor Commercial Land Opportunity

Lakemoor Commercial Land Opportunity

1718 W Lincoln Road, Lakemoor, IL 60051

$125,000

2.27 AC lot

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

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

$1,465,000

Estimated value

14,928 sqft 1.13 AC lot

39336 Il Rte 59

OFFICE BUILDING

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

$235,000

Estimated value

2,128 sqft 0.36 AC lot

1916 Grand Ave

MEDICAL CLINIC

1916 Grand Ave, Lake Villa, IL 60046

$575,000

Estimated value

4,203 sqft 0.42 AC lot

118 Milwaukee Ave

OFFICE BUILDING

118 Milwaukee Ave, Lake Villa, IL 60046-9361

$290,000

Estimated value

1,032 sqft 0.15 AC lot

129 Central Ave

OFFICE BUILDING

129 Central Ave, Lake Villa, IL 60046-8673

$360,000

Estimated value

6,275 sqft 0.23 AC lot

301 Granada Blvd

OFFICE BUILDING

301 Granada Blvd, Lake Villa, IL 60046

$305,000

Estimated value

2,016 sqft 0.24 AC lot

605 Grand Ave

OFFICE BUILDING

605 Grand Ave, Lake Villa, IL 60046-7810

$280,000

Estimated value

1,112 sqft 0.21 AC lot

146 Cedar Ave

OFFICE BUILDING

146 Cedar Ave, Lake Villa, IL 60046-8410

$300,000

Estimated value

1,700 sqft 0.14 AC lot

121 Grand Ave

OFFICE BUILDING

121 Grand Ave, Lake Villa, IL 60046-7829

$360,000

Estimated value

6,952 sqft 0.17 AC lot

89 Cedar Ave

OFFICE BUILDING

89 Cedar Ave, Lake Villa, IL 60046-8411

$770,000

Estimated value

13,976 sqft 0.26 AC lot

37809 Il Rte 59

OFFICE BUILDING

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

$350,000

Estimated value

8,941 sqft 4.62 AC lot

34930 Us Hwy 45

OFFICE BUILDING

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

$390,000

Estimated value

4,288 sqft 0.52 AC lot

473 Park Ave

Office Units

473 Park Ave, Lake Villa, IL 60046

Value Estimation by Request

1,500 sqft

34746 Us Hwy 45

OFFICE BUILDING

34746 Us Hwy 45, Lake Villa, IL 60046

$310,000

Estimated value

4,112 sqft 0.31 AC lot

34740 Us Hwy 45

OFFICE BUILDING

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

$320,000

Estimated value

4,272 sqft 0.42 AC lot

201 Milwaukee Ave

OFFICE BUILDING

201 Milwaukee Ave, Lake Villa, IL 60046-8551

$445,000

Estimated value

12,417 sqft 0.70 AC lot

225 Lk Ave

OFFICE BUILDING

225 Lk Ave, Lake Villa, IL 60046-6560

$355,000

Estimated value

4,200 sqft 0.28 AC lot

850 Grand Ave

OFFICE BUILDING

850 Grand Ave, Lake Villa, IL 60046-7885

$420,000

Estimated value

8,988 sqft 0.90 AC lot

1625 Deep Lk Rd

OFFICE BUILDING

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

$410,000

Estimated value

12,085 sqft 39.75 AC lot

Lake Villa, IL Office Spaces Market Trends and Statistics

Explore 21 office spaces 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 $779,000.

Sale prices for office spaces in Lake Villa, IL average $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

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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