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    37696 Lots 33-41 Lake Villa, IL 60046

    • Land
    For Sale
    View listing
    $599,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 37696 Lots 33-41

    Property type
    Land

    Description

    This exceptional 99,894 square foot commercial land parcel, encompassing lots 33-41 of the Amber Shores Subdivision, presents a unique development opportunity in Lake Villa, Illinois. Located on the highly visible North Route 59, this property is zoned for General Commercial Business Retail use, offering significant potential for a variety of commercial or retail ventures. The site benefits from existing utilities, simplifying the development process and reducing upfront costs. The property's prime location within the Amber Shores Subdivision provides excellent visibility and accessibility, ensuring strong potential for attracting customers and tenants. With an APN of 05-01-209-018 through 026, this offering is priced well below appraised value and the seller is motivated for an immediate sale. This is a rare chance to acquire a substantial commercial land parcel in a desirable location, ready for immediate development. The property is situated in Lake County, Illinois, with a 60046 zip code. Don't miss this opportunity to capitalize on the thriving commercial landscape of Lake Villa.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lake Villa
    County
    Lake
    State
    Illinois
    Longitude
    -88.1263
    Latitude
    42.4111

    Comparable in this City

    • Value Estimation by Request
      77.00 Acres

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      Land • 77.00 Acres
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    • Value Estimation by Request
      18.60 Acres

      36225 Us-45

      Land • 18.60 Acres
      36225 Us-45, Lake Villa, IL 60046
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    • Value Estimation by Request
      8.50 Acres

      35697 Us Highway 45

      Land • 8.50 Acres
      35697 Us Highway 45, Lake Villa, IL 60046
      View Details
    • Value Estimation by Request
      4.10 Acres

      37696 Illinois 59

      Land • 4.10 Acres
      37696 Illinois 59, Lake Villa, IL 60046
      View Details
    • Value Estimation by Request
      2.13 Acres

      Grand Ave

      Land • 2.13 Acres
      0 Grand Ave, Lindenhurst, IL 60046
      View Details
    • Value Estimation by Request
      6.78 Acres

      36113 Us-45

      Land • 6.78 Acres
      36113 Us-45, Lake Villa, IL 60046
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      77.00 Acres

      Lake Villa Development Land - 77 Acres

      Prime 77-acre site, ideal for mixed-use development.
      20660 Rollins Rd, Lake Villa, IL 60046
      View Details
    • $950,000
      6.60 Acres

      Lake Villa Commercial Land - Hwy 45

      6.6 Acres, High Traffic, AG Zoning
      37430 Us-45, Lake Villa, IL 60046
      View Details
    • Contact for pricing
      4.10 Acres

      Lake Villa Commercial Land

      4.1 Acres, Prime Development
      37696 Illinois 59, Lake Villa, IL 60046
      View Details
    • $599,000

      Lake Villa Commercial Land - Prime Location

      99,894 SF Ready-to-Develop Commercial Land
      37696 Lots 33-41, Lake Villa, IL 60046
      View Details
    • $1,600,000
      4.33 Acres

      Lindenhurst Commercial Land

      4.33 Acres, Prime Location
      35980 Us-45, Lake Villa, IL 60046
      View Details
    • $199,000

      Lake Villa Commercial Land - $199K

      Prime commercial land, ready to develop.
      37542 Illinois 59, Lake Villa, IL 60046
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      44,684 SF

      Vista Medical Office Suites

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    • $2,300 /Mo

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      Renovated 2-bedroom, 1.1-bath townhome with modern amenities and open floorplan.
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    • $18 SF/Yr
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      Lake Villa Medical Office Space

      Prime medical office suites available. Lake Villa, IL.
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    • $240 SF/Yr
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      Lindenhurst Retail Space - Grand Ave

      Prime Lindenhurst retail space, single tenant.
      2030 Grand Ave, Lindenhurst, IL 60046
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    • $15 SF/Yr
      85,311 SF

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      Prime Retail Space: Two Units Available
      2042 Grand Ave, Lindenhurst, IL 60046
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    • $14 SF/Yr
      20,509 SF

      Lake Villa Retail Space Available

      Prime Lake County storefront, multiple units.
      300 Milwaukee Ave, Lake Villa, IL 60046
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    37696 Lots 33-41
    Lake Villa, IL 60046
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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