Current Use by Public Records
- Day care centers
Property Details for 37575 Illinois Rte
- Year built
- 1978
- Lot size
- 1.01 lot acres
- Property type
- Day care centers
- Property subtype
- Retail properties & Spaces
Description
This 3,350 square foot commercial building, situated on a one-acre lot in Lake Villa, Illinois, presents a versatile investment opportunity. Located on busy Route 59, the property boasts excellent visibility and ample parking for both employees and customers. The building features a large reception area, two windowed offices, and a spacious workshop area with a 9'8" spancrete ceiling and an 8'x8' overhead door. A rear area offers additional space with an 8' high x 10' wide overhead door, and a gravel area provides outdoor storage. The property includes a modern HVAC system, three-phase electric, and two bathrooms (one ADA compliant). Heavy-load floors support various uses. The GC zoning allows for a wide range of businesses, including professional offices, restaurants, retail, daycare centers, and more (some uses may require conditional use permits). Office furniture is included in the sale. The seller is retiring, making this a prime opportunity for a new owner to establish or expand their business. The building's location between an auto repair shop and a transmission shop provides additional business synergy. The beautiful Forest Preserve behind the property offers a tranquil backdrop. The property's size allows for future expansion. This is a turnkey operation ready for immediate occupancy. The asking price is $419,500. The APN is 05-01-207-003. The building was constructed in 1978.
Value Estimations
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AI approach
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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
- -88.1261
- Latitude
- 42.4093
