37696 Illinois 59 Lake Villa, IL 60046
- Land
- 4.10 lot acres
Current Use by Public Records
- Land
Property Details for 37696 Illinois 59
- Lot size
- 4.10 lot acres
- Property type
- Land
Description
This exceptional 4.1-acre commercial land parcel, located at 37696 N Illinois 59 in Lake Villa, Illinois (zip code 60046), presents a unique investment opportunity. Priced well below appraised value and ready for immediate development, this property is ideally situated within the Amber Shores Subdivision. The land boasts General Commercial/Business Retail zoning (GC), allowing for a wide range of commercial and retail uses. All utilities are available on-site, simplifying the development process. The property encompasses twelve individual lots, totaling 179,356 square feet, and includes outlot B. The APN is 05-01-209-018 through 030. A survey is available upon request; however, a soil test is not currently available. This prime location on IL Route 59 offers excellent visibility and accessibility, making it an attractive proposition for developers seeking a high-impact commercial project. The seller is motivated and seeking an immediate sale. This is a rare opportunity to acquire a significant commercial land holding in a desirable location at a highly competitive price. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lake Villa
- County
- Lake
- State
- Illinois
- Longitude
- -88.1263
- Latitude
- 42.4111