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    95 W Grand Ave Lake Villa, IL 60046
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    Property profile & analytics

    95 W Grand Ave Lake Villa, IL 60046


    • Auto shops
    • 1,280 SF
    • 1.08 lot acres
    Cedar View Plaza Office Building For Sale
    $779,000
    15,280 SF

    Cedar View Plaza Office Building

    Professional office building with warehouse and ample parking near Metra.

    95 W Grand Avenue, Lake Villa, IL 60046
    View Listing
    Property ID
    US28-4740639
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Auto shops

    Property Details for 95 W Grand Ave

    Year built
    1979
    Construction
    BRICK
    Lot size
    1.08 lot acres
    Property size
    1,280 SF
    Property type
    Auto shops
    APN
    06-05-202-075
    APU
    605202075

    Description

    This exceptional two-story, 15,300 square foot Class B office building in Lake Villa, Illinois, presents a compelling investment opportunity. Located at 95 W. Grand Ave, this property boasts 18 units, currently 90% occupied with year-to-year lease agreements, offering immediate cash flow. The building, constructed in 1980, features a mix of executive, medical, and traditional office spaces ranging from 500 to 1,600 square feet, many with natural light and some offering views of Cedar Lake. Common area amenities include updated hallways, fresh carpeting, and tile bathrooms on both floors. The climate-controlled building is equipped with four rooftop HVAC units, two of which are newer, along with a recently recoated roof. Landlord responsibilities include heat, air conditioning, water, and sewer. The property includes 70 parking spaces and a 32x40 masonry garage with a fenced material yard situated on a 1.13-acre lot. Its convenient location offers tenants easy access to downtown Lake Villa's amenities and the Metra station. The asking price is $779,000, with a price per square foot of $50.92 and a land value of $15.81 per square foot. Financial details are available upon request and execution of a non-disclosure agreement. A 24-hour notice is required for showings. The property's zoning is CB. The APN is 06052020720000. Net rentable square footage is 12,000.


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    Location Insight

    • Map
    • Local Demand
    City
    Lake Villa
    County
    Lake
    State
    Illinois
    Longitude
    -88.085
    Latitude
    42.4151
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $21,887
    $59,333
    $125,868
    $185,201
    -
    $178,017
    $377,642
    $555,659
    View Listing
    More about this property
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