Entity Owned 
For Sale
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Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Accounting Firm Tax Preparation
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Marketing & Advertising Printing Service
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(Bike/Boat/Book/etc) Store Printing Service
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Insurance Agency
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Physician
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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