Property profile

37696 Lots 33-41 Lake Villa, IL 60046

OFF-MARKET
Land
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

37696 Lots 33-41 Lake Villa, IL 60046
Lake Villa metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 37696 Lots 33-41?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message