35697 Us Highway 45, Lake Villa, IL 60046
This exceptional 8.5-acre commercial land parcel presents a unique investment opportunity in Lake Villa, Illinois. Located at 35697 N. US Hwy. 45, this property boasts a highly desirable Planned Unit Development (PUD) zoning designation, offering significant flexibility for a variety of commercial developments. The expansive lot size provides ample space for substantial projects, catering to a wide range of business needs. Strategically situated in Lake County, the property benefits from its annexation by the City of Gurnee, providing access to municipal services and infrastructure. The asking price for this prime commercial land is $1,300,000. Its convenient location along US Highway 45 ensures high visibility and accessibility, making it an ideal site for businesses seeking strong exposure and convenient access for customers and employees. The 60046 zip code further underscores its strategic location within a thriving commercial corridor. This property is ready for development and represents a compelling investment opportunity for discerning buyers seeking a significant land holding in a prime location. Detailed zoning information and development possibilities are available upon request. Don't miss this chance to acquire this exceptional commercial land parcel.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.