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Lake Villa, IL Retail Properties for Sale

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Lake Villa Commercial Opportunity
$289,000
0.39 Acres

Lake Villa Commercial Opportunity

211 W Grass Lake Rd, Lake Villa, IL 60046

Restaurant/bar with apartment and multiple income streams for sale.

  • Multiple income streams from restaurant/bar business.
  • Recently remodeled apartment provides rental income or owner occupancy.
  • Large, popular bar with video gaming, pool table, darts, ATMs, and TouchTunes.
  • Updated basement with new keg cooler room.
  • Large patio and ample parking.
Updated: Sep 1, 2025
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Lake Villa Shopping Center Investment
$4,200,000
1 SF

Lake Villa Shopping Center Investment

850 Tower Dr, Lake Villa, IL 60046

Fully occupied, high-yield retail center.

  • Fully occupied, 100% leased shopping center.
  • Located at 850 Tower Drive, Lake Villa, IL 60046, on a 1.75‑acre lot.
  • 1 square foot of retail space, built in 2006, with a triple‑net (NNN) lease.
  • $4,200,000 asking price, generating a $208,471 NOI and a 7.06% cap rate.
  • High‑visibility corner location at Grass Lake Rd and Deep Lake Rd.
Updated: Dec 11, 2024
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Lake Villa Retail Opportunity
$3,250,000
16,299 SF

Lake Villa Retail Opportunity

Retail property for sale in Lake Villa, Illinois.

855 E Grand Ave, Lake Villa, IL
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Based on your search, we've compiled 72 Potential Opportunities for your consideration. Besides 3 Active listings in Lake Villa, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Versatile Commercial Property in Lindenhurst
$1,600,000

Versatile Commercial Property in Lindenhurst

Adaptable commercial space with retail, restaurant, office, and special use potential.

625 N Bridgeport Ter, Lindenhurst, IL 60046
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Versatile Commercial Property in Lindenhurst
$1,600,000
1.25 Acres

Versatile Commercial Property in Lindenhurst

Adaptable commercial space with retail, restaurant, and office potential.

625 N Bridgeport Ter, Lindenhurst, IL 60046
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Freestanding Retail Building in Gurnee
Contact for pricing
142,073 SF

Freestanding Retail Building in Gurnee

Retail building in established commercial corridor near major attractions.

7735 Grand Ave, Gurnee, IL 60031
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Gurnee Restaurant - Turnkey Opportunity
$1,500,000
7,800 SF

Gurnee Restaurant - Turnkey Opportunity

Established Restaurant, 7,800 SF, Prime Location

7680 Grand Ave, Gurnee, IL 60031
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Explore Off-Market Properties in Lake Villa, IL

Consider similar Off-Market properties in Lake Villa, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

37575 Illinois Rte

37575 Illinois Rte

Day care centers • 3,350 SF
Value Estimation by Request
37575 Illinois Rte, Lake Villa, IL 60046
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130 Milwaukee Ave

130 Milwaukee Ave

VEHICLE SALES, RENTALS • 15,600 SF
Value Estimation
$1,825,000
130 Milwaukee Ave, Lake Villa, IL 60046-9361
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36939 Il Rte 83

36939 Il Rte 83

AUTO REPAIR, GARAGE • 1,650 SF
Value Estimation by Request
36939 Il Rte 83, Lake Villa, IL 60046
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200 Milwaukee Ave

200 Milwaukee Ave

RETAIL STORES (PERSONAL SERVICES) • 8,784 SF
Value Estimation
$575,000
200 Milwaukee Ave, Lake Villa, IL 60046-8523
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777 Milwaukee Ave

777 Milwaukee Ave

RETAIL STORES (PERSONAL SERVICES) • 20,367 SF
Value Estimation
$965,000
777 Milwaukee Ave, Lake Villa, IL 60046-9253
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203 Grand Ave

203 Grand Ave

RETAIL STORES (PERSONAL SERVICES) • 3,564 SF
Value Estimation by Request
203 Grand Ave, Lake Villa, IL 60046-9001
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122 Grand Ave

122 Grand Ave

RETAIL STORES (PERSONAL SERVICES) • 3,140 SF
Value Estimation by Request
122 Grand Ave, Lake Villa, IL 60046-7827
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20765 Grass Lk Rd

20765 Grass Lk Rd

RETAIL STORES (PERSONAL SERVICES) • 1,448 SF
Value Estimation by Request
20765 Grass Lk Rd, Lake Villa, IL 60046-7453
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31 Milwaukee Ave

31 Milwaukee Ave

SERVICE STATION WITH FOOD MART • 3,742 SF
Value Estimation
$760,000
31 Milwaukee Ave, Lake Villa, IL 60046-8519
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110 Cedar Ave

110 Cedar Ave

RETAIL STORES (PERSONAL SERVICES) • 6,296 SF
Value Estimation by Request
110 Cedar Ave, Lake Villa, IL 60046-8410
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36021 Us Hwy 45

36021 Us Hwy 45

BAR, TAVERN • 2,172 SF
Value Estimation by Request
36021 Us Hwy 45, Lake Villa, IL 60046-7466
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36809 Il Rte 83

36809 Il Rte 83

SERVICE STATION WITH FOOD MART • 1,682 SF
Value Estimation by Request
36809 Il Rte 83, Lake Villa, IL 60046-5514
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49 Milwaukee Ave

49 Milwaukee Ave

CAR WASH - AUTOMATED • 1,560 SF
Value Estimation by Request
49 Milwaukee Ave, Lake Villa, IL 60046-8519
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36947 Fairfield Rd

36947 Fairfield Rd

AUTO REPAIR, GARAGE • 4,140 SF
Value Estimation by Request
36947 Fairfield Rd, Lake Villa, IL 60046-6406
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1904 Grand Ave

1904 Grand Ave

FINANCIAL BUILDING • 1,891 SF
Value Estimation by Request
1904 Grand Ave, Lake Villa, IL 60046
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18850 Grand Ave

18850 Grand Ave

VEHICLE SALES, RENTALS • 21,772 SF
Value Estimation
$3,265,000
18850 Grand Ave, Lake Villa, IL 60046-7521
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37611 Il Rte 59

37611 Il Rte 59

SERVICE STATION WITH FOOD MART • 1,600 SF
Value Estimation by Request
37611 Il Rte 59, Lake Villa, IL 60046-7330
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38564 Edgewood St

38564 Edgewood St

RESTAURANT • 4,001 SF
Value Estimation by Request
38564 Edgewood St, Lake Villa, IL 60046-9530
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36847 Il Rte 83

36847 Il Rte 83

AUTO REPAIR, GARAGE • 5,032 SF
Value Estimation by Request
36847 Il Rte 83, Lake Villa, IL 60046-9350
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145 Cedar Ave

145 Cedar Ave

RESTAURANT • 5,648 SF
Value Estimation by Request
145 Cedar Ave, Lake Villa, IL 60046-8410
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300 Milwaukee Ave

300 Milwaukee Ave

RETAIL STORES (PERSONAL SERVICES) • 20,509 SF
Value Estimation
$2,070,000
300 Milwaukee Ave, Lake Villa, IL 60046-8563
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Lake Villa, IL Retail Properties Investment Opportunities Market Analysis

Explore 68 retail properties for sale in Lake Villa, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,532,820 square feet of properties for sale, with an estimated market value of $24,759,000.

Sale prices for stores in Lake Villa, IL start at $65,000, averaging $526,787, and reaching up to $4,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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