Property profile

37430 Us-45 Lake Villa, IL 60046

OFF-MARKET
Land
6.6 ac lot
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Property summary

AI-generated overview

This exceptional 6.6-acre commercial land parcel presents a prime investment opportunity in Lake Villa, Illinois. Strategically located on US Highway 45 at the corner of Sand Lake Road, this fee-simple property boasts high visibility and significant traffic counts. The site benefits from readily available utilities including gas, electric, and water. Currently zoned AG, this parcel offers considerable development potential. High-traffic neighbors include Walgreens and a BP gas station directly across the street, with a Dollar Tree also nearby. Note that a major road renovation project is underway approximately half a mile north of the property, further enhancing future accessibility and visibility. The property's APN is 06014000190000. The asking price for this exceptional commercial land is $950,000. This location offers unparalleled access to a thriving community and presents a unique chance to capitalize on the area's growth. Don't miss this opportunity to acquire a highly desirable commercial property in a prime location.

Property profile

Verified
Property type Land
Lot 6.6 ac (287,496 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

37430 Us-45 Lake Villa, IL 60046
Lake Villa metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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